Iowa’s GOP caucuses may see some Democratic defectors

Republican candidate Rep. Ron Paul may benefit from Democratic defectors

Voters who helped elect Obama in 2008 are planning to cast Republican ballots Tuesday, and Rep. Ron Paul is perhaps the most likely to benefit from the crossovers. By Paul West, The Los Angeles Times Reporting from Atlantic, Iowa— Adding an unpredictable element to the presidential contest in Iowa, some disaffected Democratic voters are planning [...]

Millionaire surtax: The go-to tax

Payroll Tax

It looks like the millionaire surtax is going down again.

Republicans vs. Democrats TV survey results: Lefties want comedy, right wingers like work

TV survey

Republicans don’t watch MTV’s Jersey Shore. But they dig ABC’s Castle.

GE Filed 57,000-Page Tax Return, Paid No Taxes on $14 Billion in Profits

GE

General Electric, one of the largest corporations in America, filed a whopping 57,000-page federal tax return earlier this year but didn’t pay taxes on $14 billion in profits. The return, which was filed electronically, would have been 19 feet high if printed out and stacked.

Hensarling says GOP is willing to consider new Dem tax proposals

Supercommittee

The Republican co-chairman of the deficit-reduction supercommittee on Tuesday indicated he and his party were willing to listen to proposals from Democrats to consider higher taxes to reduce the deficit.

Tea party airs TV ad in Northern Virginia targeting Senate Democrats

virginia

The Virginia Tea Party Alliance’s political action committee will begin airing a TV ad Monday targeting Senate Democratic candidates in vote-rich Northern Virginia.

Car Company Gets U.S. Loan, Builds Cars In Finland

electric cars

With the approval of the Obama administration, an electric car company that received a $529 million federal government loan guarantee is assembling its first line of cars in Finland, saying it could not find a facility in the United States capable of doing the work.

Don’t Blame the Tea Party

Tea Party

Since the beginning of the debt ceiling debate, Democrats have criticized Tea Party representatives for taking a hard-line stance on spending cuts and caps. During the debate they were described as “rebels” and attacked as unwilling to compromise.

29 percent of voters say tea partiers are terrorists

Tea Party

Vice President Joe Biden caught some flak recently after he and other Democrats reportedly compared tea partiers to terrorists during the debate to raise the debt ceiling.

Tea Party group: LaHood can’t legally waive airport subsidy cuts

FAA

The deal to end the partial shutdown of the Federal Aviation Administration (FAA) by having Transportation Secretary Ray LaHood eliminate controversial subsidies for rural flight service in a funding bill for the agency is unconstitutional, a right-leaning group in Washington said this week.

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