AOL News has a new home! The Huffington Post.
Click here to visit the new home of Politics Daily!Hot on HuffPost:
Controversial Book On Obama Appears To Have Lifted Key Quote
Walker Recall Effort Struggles To Gain Momentum
TaxPlan
Obama's Tax Threshold Slips, Again
By Mark Impomeni - Politics DailySpeaking for the Obama campaign today on KOA-AM in New Mexico, former presidential candidate and Obama surrogate Governor Bill Richardson (D-NM) said that people making under $120,000 could expect a tax cut under Sen. Obama's tax plan. This is the fourth number to come out of the Obama campaign just this week, each one successively lower, pegging the income level at which Americans can expect to see tax cuts under a potential Obama administration. Sen. Obama has been pledging that no one making under $250,000 a year would have their taxes increased under his plan. But the campaign released an ...
Obama's Tax Plan Has Socialist Outcome
By Mark Impomeni - Politics DailyThere has been a lot of talk about socialism on the presidential campaign punditry circuit. One commentator mused that America has socialist tendencies because its defense is provided in common by a central government. Another postulated that Sen. John McCain is a socialist because he supports a progressive income tax in which the well off pay more tax than the less well off. But these rationalizations only serve to reduce the meaning of socialism to the point that it has no meaning at all. This is a favorite trick of liberals when the conventional understanding of a concept tends to hurt ...
Follow Politics Daily
POPULAR
- Nancy Pelosi Confirms House May Skip Up or Down Vote on Senate Health Bill
- Debrahlee Lorenzana: A Double Take on Those Double D's
- Palin Earnings Estimated at $12 Million
- Campbell Brown Quits CNN With Shockingly Frank Farewell
- The Five Most Racist Obama Cartoons?
- Soraya M., Stoned to Death for Being an "Inconvenient Wife''
- Jimmy Carter Leaves Church Over Treatment of Women
- No posts are available.
News From Our Partners
- Dragon arrives at space station in historic 1st
- Picking new leader, Egyptians search for superman
- Egyptians vote in first free presidential vote
- Moon chips from Vegas casino mogul sent to NASA
- Egyptians vote to rid nation of autocratic rule
- More Stories »
- Rudy Giuliani: Mitt's Great. I'm Just Better
- 'Masters of the Universe' Sure Have Fragile Egos
- Romney: My Mistakes 'Haunt Me'
- Newt Lauds Romney: He's Like Eisenhower
- Irked Senate Panel Votes 30-0 to Cut Pakistan Aid
- More Stories »
- Know Your Enemy
- Obama’s Challenge in Egypt
- The Edwards Waiting Game
- Are Doctors Doing Too Much?
- The Pagan Cult of Reagan
- More Stories »
- Ambition Counteracting Ambition
- Robert Blagojevich Speaks Out
- In Iowa, Obama Calls Romney's Words 'A Cow Pie of Distortion'
- In Iowa, Obama Calls On Congress to Act on Clean Energy Tax Credits
- Romney Has Interesting Morning in Inner-City Philly
- More Stories »
Top News
More News
More on Aol
Local News
More Blog/Sites
Sites and Services
HuffPost Politics