In the proposed 2013 budget released today, Obama reprised his call to cap deductions, including tax-exempt interest, for families earning more than $250,000 a year.
In a speech delivered to a group of private investors on Feb. 15, Robert Rodriguez, managing partner and CEO of First Pacific Advisors, warned of ongoing market instability if the federal government doesn't make “credible and material fiscal reforms” by the end of 2013.
New Jersey governor Chris Christie does not generally pull his punches. So it came as no surprise this week when Christie slammed Warren Buffett's assertion that the rich don't pay enough to the U.S. Treasury. Christie's advice to the Oracle? See above.
Hike the rate, but allow investors to adjust for inflation; also, kill off the 'angel of death'
Now that George Steinbrenner no longer walks the earth, Mark Cuban is arguably the one sports owner that fans love to hate more than any other.
Former veep tells advisers current administration isn't doing enough to curb spending on social programs
President calls for implementation of Buffett rule; gridlock more likely
Opponents -- both Dems and Republicans -- pouncing on front-runner's low tax rate; 'terrible blunder'
Carried-interest break Washington's fault, Oracle says; 'the wrong policy to have'
Plenty of cuts 'but doesn't get rid of anything to help pay for that,' says Tax Policy Center
Mitt Romney may have trouble convincing some Republicans of his conservative bona fides, but his emergence as the GOP presidential front-runner is just fine with investment advisers, many of whom think that he has the best chance of beating President Barack Obama.
A new study by the non-partisan Tax Policy Center shows that Mitt Romney's tax plan would add $600 billion to the government shortfall.
Survey finds little support for carried interest income treatment; 'scream bloody murder'