Tag Archive for: Congressional Budget Office

The wealthy’s taxes must be raised


Billionaire investor Warren Buffett wrote an op-ed in The New York Times on Monday, describing how the wealthiest Americans have been “leaving the middle class in the dust.” Buffett suggested that a minimum tax rate of 30 percent should be enacted on Americans making more than $1 million each year. Buffett’s comments come as Congress prepares […]

Congress can’t avoid confrontation


President Obama has asked for more polite discourse, and politicians have responded with the predictable gestures. Yet some USC students say they are scared unemployment and the deficit will diminish opportunities in the future.