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11:00 AM, Feb 24, 2012 • By DANIEL HALPER

Treasury Secretary Tim Geithner, speaking this morning on CNBC:

"That’s the kind of balance you need," said Geithner. "Why is that the case? Because if you don't try to generate more revenues through tax reform, if you don't ask, you know, the most fortunate Americans to bear a slightly larger burden of the privilege of being an American, then you have to -- the only way to achieve fiscal sustainability is through unacceptably deep cuts in benefits for middle class seniors, or unacceptably deep cuts in national security."

12:22 PM, Dec 23, 2011 • By DANIEL HALPER

NBC journalist Chuck Todd reportedly asked Republican presidential candidate Mitt Romney whether he’d release his tax returns this election cycle. “I never say never,” Romney responded, according to the New York Times. “I don't intend to do so.”

12:00 AM, Sep 24, 2011 • By IRWIN M. STELZER

Willie Sutton separated over 100 banks from $2 million before he was finally incarcerated in 1952.

9:27 AM, Sep 21, 2011 • By JEFFREY H. ANDERSON

In his recently released deficit plan, President Obama lays out the “Buffett Rule” (named, of course, for Warren Buffett, the famous investor and supporter of Obama). The rule, as Obama defines it, is “that people making more than $1 million a year should not pay a smaller share of their income in taxes than middle-class families pay.”

3:31 PM, Jul 5, 2011 • By MARK HEMINGWAY

Steve Hayward makes the case that we do need to raise taxes -- but not on the rich:

1:43 PM, Apr 19, 2011 • By JEFFREY H. ANDERSON

In the New York Times, David Leonhardt discusses what he calls “a popular talking point on cable television and talk radio”—that 47 percent of Americans no longer pay any income tax. Leonhardt grants the point—“The 47 percent figure is not wrong”—but adds, “Over the last 30 years, rates have fallen more for the wealthy, and especially the very wealthy, than for any other group.” But while the notion that something approaching half of all Americans don’t pay income taxes is true, Leonhardt’s claim about tax rates for the wealthy is not.

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