Political Capital

Posts tagged: taxes

Lois Lerner, the director of the Internal Revenue Service's (exempt organizations office, during a House Oversight and Government Reform Committee hearing in Washington, D.C., on May 22, 2013.

Photograph by Pete Marovich/Bloomberg *

Lois Lerner, the director of the Internal Revenue Service's (exempt organizations office, during a House Oversight and Government Reform Committee hearing in Washington, D.C., on May 22, 2013.

Sticks and Stones: Lerner’s Permit

Not since George W. Bush called a reporter one has the word ricocheted around the Internet so loudly. Lois Lerner, it turns out, had some harsh words about conservatives in government emails that the House Ways and Means Committee has...

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John Koskinen, commissioner of the Internal Revenue Service (IRS), swears in to a House Oversight and Government Reform Subcommittee hearing in Washington, D.C., on July 23, 2014.

Photograph by Andrew Harrer/Bloomberg *

John Koskinen, commissioner of the Internal Revenue Service (IRS), swears in to a House Oversight and Government Reform Subcommittee hearing in Washington, D.C., on July 23, 2014.

IRS Needs Commission Bosses: Report

House Republicans are so sick of dealing with Internal Revenue Service commissioners that they want to get rid of the job entirely. IRS Commissioner John Koskinen should be replaced by a bipartisan commission, according to a House Oversight and Government...

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Balloons in the "Health Corner" conference room, used to host customer programs with local doctors and heathcare experts, at a Walgreen Co. store in Chicago.

Photograph by Daniel Acker/Bloomberg

Balloons in the "Health Corner" conference room, used to host customer programs with local doctors and heathcare experts, at a Walgreen Co. store in Chicago.

Walgreen Chided For Tax-’Dodge’ Prescription: Harry Reid

Five months after Democrats in Washington, including President Barack Obama, praised CVS executives for their decision to stop selling smokes, another drugstore has fallen into the party’s cross-hairs. Illinois-based Walgreen Co. was hammered for 10 minutes on the Senate floor...

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A retiree attends a Senior Information & Resource Fair in South Gate, California.

Photograph by Robyn Beck/AFP via Getty Images

A retiree attends a Senior Information & Resource Fair in South Gate, California.

Bloomberg by the Numbers: 26%

Federal spending is projected to rise to 26 percent of gross domestic product in 2039 from 21 percent in 2013, according to the Congressional Budget Office. Increased spending for Social Security, Medicare, Medicaid, children’s health programs and subsidies for medical...

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Hillary Rodham Clinton listens as Jeb Bush speaks before the presentation of the 2013 Liberty Medal in Philadelphia.

Photograph by William Thomas Cain/Getty Images

Hillary Rodham Clinton listens as Jeb Bush speaks before the presentation of the 2013 Liberty Medal in Philadelphia.

Bush-Clinton, Read My Lips — ‘Hard Choices’ Redux

First Bush, then Clinton. Then Bush, and now Clinton again? The scenario itself is not new. Hillary Clinton faced it before, in 2008 (in today’s edition of look how young they all looked): Yet the first time the nation confronted...

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Supporters of Republican presidential candidate Mitt Romney wait for Romney to make his concession speech on Nov. 7, 2012.

Photograph by Andrew Harrer/Bloomberg

Supporters of Republican presidential candidate Mitt Romney wait for Romney to make his concession speech on Nov. 7, 2012.

Bloomberg by the Numbers: 48-43

By a margin of 48 to 43 percent, voters say Republicans would do a better job than Democrats dealing with the economy. The economy is the most important issue to voters, with 89 percent of registered voters rating it as...

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Tourists inspect the Yoshino Cherry trees in front of the U.S. Capitol on April 9, 2014 in Washington, DC.

Photograph by Mark Wilson/Getty Images

Tourists inspect the Yoshino Cherry trees in front of the U.S. Capitol on April 9, 2014 in Washington, DC.

Tax Reform in Washington: As Needed, and Slow, as Nationally

Tax reform isn’t gaining much traction in Washington. Yet it’s not only the nation’s taxes that could use another look. Washington’s own taxes are looking fairly archaic, too. The Tax Foundation is encouraging action, based on the District of Columbia...

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