Four years ago, conservatives mocked Joe Biden's suggestion that paying taxes is "patriotic." Now, some on the right are praising Facebook co-founder Eduardo Saverin as "an American hero" for renouncing his U.S. citizenship in order to avoid paying millions in future capital gains taxes. Leaving aside Saverin's dubious denial and the fact that he owes […]

Mitt Romney is now claiming paternity for President Obama's auto industry rescue that saved over a million jobs nationwide. But while he most certainly isn't the father of a reborn Detroit, the successful 2006 health care reform law he signed in Boston has become Mitt Romney's bastard love child. Americans should give credit where credit […]

Mitt Romney likes to talk tough about China. In an op-ed last month, Romney charged that "President Obama came into office as a near supplicant to Beijing," adding, "his administration demurred from raising issues of human rights." Unfortunately for the former Massachusetts Governor, that tough talk was immediately tempered by word that his financial advisers […]

Despite a mountain of data and the overwhelming consensus of economists to the contrary, Republican leaders including House Speaker John Boehner and would-be President Mitt Romney continue to falsely claim "Obama made the economy worse." But another tried and untrue GOP talking point about the supposed "Obama bear market" has largely vanished. Of course, with […]

As a quick glance at January's presidential fundraising numbers confirms, the unlimited cash flowing into SuperPACs is fundamentally distorting the 2012 election. The millions flowing into conservative SuperPAC coffers are not only far outpacing the GOP candidates' own campaigns, but continuing to overwhelm their Democratic counterparts. But for the likes of Charles and David Koch, […]

In a new Gallup poll released Wednesday, small business owners revealed that the lack of need for new employees (76 percent), worries over revenue (71 percent) and concern about the state of the U.S. economy (66 percent) were the top three reasons for not hiring new workers. But you'd never know that if you just […]

President Barack Obama took an oath to "promote the general Welfare." Venture capitalist Mitt Romney pledged to maximize shareholder value. Unfortunately, candidate Mitt Romney is pretending the two are the same thing. As Romney repeatedly insisted this month, President Obama's rescue of the U.S. auto industry and over one million jobs associated with it is […]

Back in April 2009, Daily Show host Jon Stewart summed up the Tea Party movement, "I think you might be confusing tyranny with losing." His description, it turns out, was exactly right. Tea Partiers complained they were "Taxed Enough Already" despite virtually all receiving tax relief from President Obama and America seeing the total federal […]

In July of 2010, two dozen members of the Congressional Tea Party Caucus led by Michele Bachmann co-sponsored a resolution announcing support for Israel "to use all means necessary to confront and eliminate nuclear threats posed by the Islamic Republic of Iran, including the use of military force." So, Tea Partiers must have been shocked […]

With U.S. income inequality at its highest level in 80 years and the total federal tax burden at its lowest in 60, the last thing America needs to do is further reduce the capital gains tax. As a decade of data shows, the Treasury-draining Bush capital gains and dividend tax windfall for the wealthy not […]