Archive for September, 2009

Huge Marginal Tax Rates in Bush-Obama Housing Bailout, David …

If the affordable payment were re-evaluated monthly, this would amount to a 31 percent marginal tax rate in each month that a modification could occur. …


Obama Would Keep Tax Breaks for Working Poor Despite Cost

President Obama is proposing to add more than $85 billion to the nation’s budget deficits over the next decade to extend two tax breaks for the working poor, a move critics on Wednesday blasted as a violation of Obama’s pledge to pay for new policies.