Tax cuts

July 31: Just before the nation almost defaulted on its debt, President Obama and Congress worked out a deal to raise the debt limit. The plan called for lower spending without raising taxes. Another result of the debates created the “Super Committee,” a panel of six members from the House of Representatives and six from the Senate, whose goal was to reduce the budget by $1.5 trillion. The committee failed to reach an agreement in late November. (Photo credit by  Roger L. Wollenberg/Getty Images)

KCBS In Depth: What Are The Odds Of A Fiscal Cliff Compromise?

Last week marked the first post-election meeting between Pres. Obama and Congressional leaders to discuss the Fiscal Cliff, and its outcome was described by participants as constructive. But, is that indicative of a looming deal – or are we still on the edge of the cliff?

11/19/2012

Mitt Romney (Photo credit: NICHOLAS KAMM/AFP/GettyImages)

Opinion: Romney’s 47% Don’t Pay Taxes Remark Shows He’s Exactly Who We Thought He Was

The recently released tape of Romney speaking to donors at a closed door fundraiser has exposed Mitt Romney to, in fact, be the person Democrats have portrayed him to be: a rich, out of touch, arrogant man that has no respect or connection to the American middle class and absolutely no interest in making the American middle class stronger.

09/19/2012

Barack Obama (Photo credit: SAUL LOEB/AFP/GettyImages)

Opinion: Obama’s Latest Class Warfare Speech

Obama’s latest speech on tax cuts for the middle class is just a retread of his tired class warfare rhetoric and strategy.

07/10/2012

U.S. Capitol Building in Washington, DC (Karen Bleier/AFP/Getty Images)

Bay Area Lawmakers Return To DC For Votes On Jobless Benefits, Tax Cuts

The Bay Area congressional delegation was heading back to the nation’s capitol Monday to vote on a measure to extend a middle class tax cut.

12/19/2011

Gov. Jerry Brown

Gov. Brown Wants June Special Election On State Budget

In an exclusive interview with KCBS, Governor Jerry Brown is rejecting a new idea being floated by some GOP legislators: let California voters consider tax cuts, as well as tax increase extensions.

CONNECT WITH KCBS–02/02/2011

US Senate candidate and former Hewlett-Packard CEO Carly Fiorina celebrates her primary win at the California Republican Party event on California Primary Election night on June 8, 2010 in Anaheim, California. (Getty Images)

Fiorina Affirms Tax Cuts For All, Including Wealthy

The federal government should extend tax cuts for everyone, including the wealthy, during “an economically devastating period,” Republican U.S. Senate candidate Carly Fiorina said Monday.

CBS San Francisco–09/20/2010

Follow

Get every new post delivered to your Inbox.

Join 56,729 other followers