8 Presidents, 1 Nominee and Tax Rates They Paid
The controversy over Mitt Romney’s limited disclosure of his tax history and the 14.1% tax rate he paid led AdvisorOne to compare his rate to eight presidents going back to 1970.
Jack Welch Slams Critics, Defends Twitter Comments About Jobs Numbers
The management guru and former General Electric CEO responded Wednesday to the firestorm of criticism created by his tweet in response to employment figures.
Sen. Schumer: ‘Scrap’ Simpson-Bowles in Fiscal Cliff Talks, Raise Top Tax Rates
Schumer says “old style” tax reform is now obsolete because there are two new conditions that exist today that didn’t exist when the Tax Reform Act of 1986 was passed: “a much larger, more dangerous deficit, and a dramatic increase in income inequality.”
Demagogues and the Election
What is a demagogue and why should you care? One advisor's look at how things are likely to change after the election.
3 Reasons Obama Will Capture Independents’ Vote: Andy Friedman
Andy Friedman of the Washington Update says in his commentary that independent voters will likely tilt the election to Obama, and that the election won't immediately resolve the uncertainty surrounding the fiscal cliff.
Obama vs. Romney: Top 7 Places Where Campaign Cash Comes From
Which sectors give the most cash to which candidates? Some of the amounts are surprising.
Taking Sides: Will Wall Street’s Generosity to GOP Continue?
In the 2008 presidential race, Barack Obama had a substantial edge over John McCain in raising money from Wall Street. That advantage has not only evaporated for the president in the current race, but has reversed dramatically.
On Romney’s 2011 Return, HNW Tax Preparer Says, ‘I’ve Never Prepared One This Complicated’
One thing that was clear from the 379-page return was the benefit the Romneys have reaped from lower rates on long-term capital gains.
Ex-Minnesota Gov. Pawlenty Named CEO of Financial Services Roundtable
Former Gov. Tim Pawlenty of Minnesota was named president and CEO of The Financial Services Roundtable, replacing longtime CEO Steve Barlett, who is retiring.
What Are the Odds? 6 Election Scenarios Affecting a ‘Fiscal Cliff’ Deal
In a weekly commentary, Jeff Kleintop, chief market strategist for LPL Financial, cobbled together an insightful selection of the odds of a “fiscal cliff” deal based on which party wins what after the election.