Archive for the ‘Newt Gingrich’ Category

Most GOP Presidential Candidates Would Increase the Deficit

Republican Presidential candidates say–all the time–that they hate budget deficits. A linchpin of each of their campaigns is a promise to slash government and eliminate the deficit and the national debt. So which one of them would accomplish this ambitious goal? According to a new analysis from the non-partisan Committee for a Responsible Federal Budget, […]

What the Romney and Gingrich 1040s Tell Us About How We Tax The Rich

Ernest Hemingway: I am getting to know the rich. Mary Colum: I think you’ll find the only difference between the rich and other people is that the rich have more money. It turns out that when it comes to taxes, at least, Ms. Colum, was mostly—but not entirely–right. To see why, let’s take a quick […]

Gingrich’s Tax Plan: Big Tax Cuts, Big Deficits

GOP Presidential candidate Newt Gingrich is proposing a massive tax cut aimed at the highest earning American households. Gingrich’s plan would add about $1 trillion to the federal deficit in a single year. And while most of the nation’s lowest income families would get no benefit from these tax cuts, the top 0.1 percent (who […]