about this blog
Alexis Glick is an anchor for FOX Business Network. Prior to joining FOX, Glick served as a correspondent for the Today Show and co-anchored the third hour of that program. Before her stint at NBC News, she was the senior trading correspondent for CNBC and reported from the floor of the New York Stock Exchange.
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stephenlee
Corporations pay no taxes. It is passed on to us as a cost of doing business. Candidates tax proposals and what gets enacted always are very, very different. They say what youwant to hear and then do what they want when elected.
Justin
People actually pay taxes? I stopped a while back. For those of you who aren't as bold as I am (I wrote exempt on my employer with holdings form), there are all kinds of ways to shelter your money from the IRS. Read, research, learn, and read some more.
Art
Wow, that tax attorney eats her Wheaties! The death tax and AMT are both evil and should be completely abolished from the tax code. McCain, for all his admitted lack of understanding of economics, has a better plan as far as the general economy. I like keeping the capital gains tax rate at 15%. I like lowering the corporate rate to 25%, which has already been done with great success in other countries (and would make our US-based companies more competitive). We could probably increase taxes on the very wealthy and not harm the economy, and that should probably be done as well. Obama's plan has relief for a the middle/low income groups. I think his plan does damage with leaving our corporate tax rates high, nearly doubling capital gains, removing the cap on Social Security taxes, which pounds small businesses hard, and of course the govt. health care plan, which is adding another huge entitlement program on top of the big 3 we have now.