income earners are hitting too, too. that is going to rise 55 percent. all of that translates into an average tax increase of $3,800 for you. this as the child tax credit has, the marriage penalty returns dividend taxes and so many senior citizens rely on go from 15 percent to as high as 40 percent. there are the sir charges and tax from the healthcare law. add it up it is a tax-mageddon. gets them nervous about unleashing cash and hiring workers. this would be not before 2012. they would take effect for the 2013 tax year. that s if congress doesn t take action. exactly. they are not expect to do take action any time soon because we are in an election year. we have time to figure all of this out. your 2012 taxes might not be that bad. lookout 2013 unless something
steve forbes. and the economy is getting stronger. he may be right. but we have passed this way before. sorting it out with alice rivlin, former director of the office and management and budget. steven moore of the wall street journal. dan balz of the washington post. i m candy crowley and this is state of the union. presidential campaign and democratic sources confirm members of the president s re-election team told top congressional leaders this week, no re-elect money will go to house or senate democratic election coffers. at least until after the election. although the president and top officials will help in other ways. sounds like every man for himself. joining us this morning, one of the lawmakers who spoke to the president s campaign team, senate democratic leader harry reid. thank you so much, senator, for being with us. my pleasure. i want to start out, though, in an entirely different place in the world. that is in afghanistan where this morning w
journal, major garrett. you ve taken a deeper look at the historical context of calling for higher taxes. but higher taxes for the wealthy, that s populism, that s good politics for a democratic president, is it not? that s poppopulism. the president s taken that message, put it in his budget, and it s a very interesting moment. i looked back to see if there had been any democratic incumbent president since harry truman to proposal higher taxes in a re-election year. no, there has not. barack obama has according to the administration, $1.7 trillion over ten years. republicans say it s $1.9 trillion. whatever. it s a huge chunk of change. it s not the tax increases that he campaigned on under 2008. you ve got the buffett rule. airline security taxes, higher capital gains and dividend taxes. he s added on to the idea of raising taxes, in an election year. and that strikes me as more than mildly interesting. because democrats have historically been extremely traumatized by the entire t
forget about. we have had 2,000 hits on that site. the seriousness of it, though, is that the debate last night had some really good things that were talked about. i had the opportunity to lay out my tax plan and my how to balance the budget by 2020, how it get how it get the country going and put a sign in the middle of america that says america open for business again. how we take that 20% flat tax and mortgage duction, charitable deductions, local taxes and get rid of cap gains and dividend taxes. take 20% of that and as a matter of fact, put it on a card this size right here. i m betting even tim geithner can get his taxes in on time if we get this 20% flat tax put into place. that s what americans want to hear about. they don t want to pend their time. you say, have you ideas for
he will let you pay a flat 20% or stick with the current tax system. the centers for disease control is recommending boys ages 11 and 12 get vaccinated for the human pap loma virus or hpv. currently girls are vaccinated to cut the risk of their cervical cancer. the cdc says vaccinating boys will help slow hpv, which is spread by sexual contact. libya s new rulers say moammar gadhafi was buried in an unmarked grave today in the desert. his body was on display in a cold storage unit for several days. the national transitional council says he was captured during his crossfire, but there are strong indications the long-time dig tear or the was shot at point-blank range while in custody. hurricane rina could get a whole lot meaner. it is already pushing 100-mile-an-hour winds and forecasters say it could be a major category 3 hurricane when it swipes the mexican yucatan, probably thursday. the hurricane is then expected to loop around towards cuba. rescuers pulled several