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July 26, 2010 - by Hilary Worden

Taxes are expected to be a major point of contention in September, Reid wants to change filibuster rules, and more in today’s Congress Links.

(Today’s Congress Links compiled by OC Researach Assistants Jason Rhee and Hilary Worden. Questions, comments, reach us anytime: writeus at opencongress d0t org.)

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Comments

  • Chris51 07/26/2010 8:23am

    - Tax Breaks?! We have not seen a decline, even with all of the so called “Bush Tax Breaks”, and we are the consumer who has had to struggle through INFLATION, with no adjustments for that. 70% of consumer (us) spending drives this economy.
    - Meanwhile, BIG CORP. have seen a decline in their tax percentage, taken more profits by hiking prices. Taxpolicycenter.org list this info.
    â– Changes in the shares of the various taxes in total federal revenue reflect these historical shifts. The individual income tax has consistently provided nearly half (50%) of total federal revenue since 1950, while other revenue sources have waxed and waned. Excise taxes brought in 19% of total revenue in 1950 but only about 3% in recent years. The share of revenue coming from the corporate income tax dropped from about one-third in the early 1950s to less than one-sixth in 2008. In contrast, payroll taxes provided more than one-third of revenue in 2008, compared with just one-tenth in the early 1950s.

  • Abaratarrr 07/26/2010 11:26am
    Link Reply
    + -3

    Hell just froze over! the republicans are trying to pass 16 additional weeks of unemployment benefits for the 99ers.

    Republicans to “Turn Ninety-Niner Help into 15 Million Votes this November”

    http://www.prlog.org/10814032-turn-ninety-niner-help-into-15-million-votes-this-november.html

    thank you Jesus

  • Comm_reply
    artledoux 07/27/2010 3:09am

    This is not in any credible news source! This is only a blog from a want to be
    RepubliCON Strategist! But maybe the RepubliCONs will read it and try to make
    the claim? Most people see right through the games being played in Washington.
    Art LeDoux

  • sruthj217 07/26/2010 2:24pm

    Is that article for real? WOW.
    I find it hard to believe that clueless, bigoted insulting person is also an American like me.
    I think we should find an island and put jokers like that off in quarrantine before anyone else catches their stupidity.

  • Moderated Comment

  • artledoux 07/27/2010 3:06am

    I hope the moderator will get the spam off the web site!
    Art LeDoux

  • jjones444 09/29/2010 8:11am

    “Taxes are expected to be a major point of contention…” Aren’t they always? Don’t get me wrong, I’m all up for Green energy and all that, but at what cost? I want to save the environment too, but the taxes that come with the clean air bills and solar energy and the new regulations for cars is ridiculous. We’re so blinded by “green” products and movie stars and diet crazes (like http://www.advancehcg.com/) and new electric cars that we don’t even see what our own government is doing.

  • Spam Comment

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