wealthy

Bloomberg’s Ryan Donmoyer digs deeper into the question of whether the administration’s plan to scale back deductability of charity donations by wealthy Americans will hurt the non-profit sector. His report today generally confirms the analysis of the Center for Budget and Policy Priorities reported here yesterday.
“Given the size of the change we’re talking about,” Williams [...]

One advantage President Obama’s foes have in mounting their domestic agenda of obstruct and obscure is the luxury of the content-free talking points. For example, ever since President Obama proposed limiting the tax deductions of the most affluent Americans as a means of paying for health care reform last, a favorite Republican argument has [...]

Daniel Gross at Slate checks in with a timely piece reminding us that people earn $250,000 or so a year are, in fact, rich. Gross feels the need to explain this because of the backlash over Democratic presidential nominee Barack Obama’s tax plan, which calls for scaling back tax cuts for people earning more than [...]