Related Content: taxes

Next Move Is Obama’s After Boehner’s Tax Plan Fails

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With House Republicans’ revolt over their leader’s tax plan the evening before, President Obama on Friday faced the challenge of finding a new tax-and-spending solution — perhaps working now with Senate Republicans — to prevent a looming fiscal crisis in January.

Obama Makes A Substantial Counteroffer On Fiscal Deadline

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President Obama trimmed his demand for tax increases on the wealthy Monday, making a substantial counteroffer as he and House Speaker John A. Boehner reconvened privately at the White House.

How Much to Tax the Rich? It's in the Cards

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As the high-stakes showdown over the fiscal cliff continues, Republicans and Democrats continue to debate how much the richest Americans should pay in taxes. WSJ's David Wessel heads to a poker table to explain the controversial issue.

Fault Lines Also Appearing On Democratic Side In Fiscal Debate

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For weeks, Democrats in Congress have been relishing the division and sniping within Republican ranks over whether to raise tax rates. But as negotiations over the budget crisis wear on and shift to a debate over spending cuts, the tables are turning.

Obama Takes Push For Higher Taxes On Wealthy To Workers At Michigan Plant

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President Obama hit the campaign trail again on Monday — more than a month after the election — firing up a crowd of blue-collar automotive workers with calls to raise taxes on the wealthy and eagerly wading into a local political dispute over the powers of labor unions.

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With each side denouncing the other's plan for the fiscal cliff, President Obama and John Boehner contine to argue about taxes [Photo:CNN].

December 6, 2012

Some In GOP Urge Lawmakers To Back Tax Hikes For Changes In Safety-Net Programs

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A growing chorus of Republicans is urging House leaders to abandon their staunch opposition to higher tax rates for the wealthy with the aim of clearing the way for a broad deal that would also rein in the cost of federal health and retirement programs.

Democratic group to offer tax plan with huge payoff

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Democratic luminaries with ties to the Obama and Clinton administrations, including two former Treasury secretaries and two former White House chiefs of staff, on Tuesday will enter the tax debate with an overhaul plan that would raise an additional $1.8 trillion in the first decade.

Obama makes fresh demands on ‘fiscal cliff’

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President Obama offered Republicans a detailed plan Thursday for averting the year-end “fiscal cliff” that calls for $1.6 trillion in new taxes, $50 billion in fresh spending on the economy and an effective end to congressional control over the size of the national debt.

Charities fight to keep tax break on donations

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In 2011, the nation's biggest charities swung into action to oppose President Barack Obama using limits on tax deductions to help pay for a jobs bill. Warning that such a move would hurt charitable giving, they prevailed, and Democrats looked elsewhere.