Tax Reform

President Obama Earned Less Income In 2012 And Paid $112K In Taxes

President Obama and the First Family made almost $609,000 in income in 2012, which is less than what the Commander-in-Chief earned in all his previous years in office.

Boehner Offers Some Tax Increases to Avoid Fiscal Cliff, But No Specifics; Negotiations Still Stalled Over Cuts

House Speaker John Boehner has signaled that he may be willing to raise taxes on Americans making more than $250,000 a year.

The 2012 Fiscal Cliff Negotiations - Part 5: Where the Talks Stand Now; Compromise in the Works, But MIght Take Until 2013

The fight over the fiscal cliff has settled into an uneasy stalemate, with both sides waiting for the other to give a little. At least that’s the story coming from the combatants.

The 2012 Fiscal Cliff Negotiations - Part 4: How Do the Tax Rates Threatened By the Fiscal Cliff Compare to the Boom Years of the Clinton Presidency?

The current stalemate over the fiscal cliff centers around intransigence on both sides on tax rates.

Fiscal Cliff 2012 Stalemate: Obama and Republicans Continue to Stand Their Ground, Will There Be a Deal Before Jan. 1?

Progress on the impending fiscal cliff is grinding to a halt with little room for compromise as both sides dig in their heels.

The 2012 Fiscal Cliff Negotiations - Part 3: Billionaire Investor Warren Buffett Weighs In (Video)

Not all of the 2 percenters Republicans are trying to protect agree with their efforts.

The 2012 Fiscal Cliff Negotiations - Part 2: Are Republicans Breaking Grover Norquist's Tax Pledge?

In this second installment, the plan was to enumerate the Republicans who are opposing Grover Norquist. They don't exist.

The 2012 Fiscal Cliff Negotiations - Part 1: What Happens If We Go Over? Fiscal Cliff Explained

President Obama and Republicans in Congress are engaged in a tense struggle over tax rates and spending cuts, playing out before a deadline where everyone loses.

Grover Norquist Pledge: Crusader Fights Back Against Republicans Who Break His Anti-Tax Pledge

Anti-tax crusader Grover Norquist fought back this week against reports that influential Republicans were planning to abandon the pledge they signed for Norquist’s lobbying group.

New ABC-WP Poll: Most Americans Want to Raise Taxes on Wealthy to Avoid Fiscal Cliff

Most Americans favor President Obama’s plan to raise taxes on incomes over $250,000 a year, according to a new ABC News/Washington Post poll.

Obama Begins Fiscal Cliff 2012 Publicity Campaign, Presses Republicans to Negotiate

President Obama is beginning a push to sway the public over the impending fiscal cliff.

Grover Norquist Tax Pledge Text and History: Details of the Anti-Tax Crusader and His Power Over Washington

Anti-tax crusader Grover Norquist has nearly every Republican on record promising that they will never, under any circumstances, ever raise taxes.

Republicans Say They'll Break Norquist Pledge On Raising Taxes to Avoid Fiscal Cliff

In the face of the fiscal cliff, which looms only a month away, some in the Republican leadership are finally bucking Norquist’s hold, and vowing to break the pledge.

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