Under President Reagan, capital gains were taxed at a higher rate than earned income. Since then, the situation has reversed, and unearned income, the province of the very rich, is taxed at a significantly lower rate than most workers' wages. Polls show the public supports changing this. Will Congress?
Federal Reserve Chairman Ben Bernanke has been criticized recently by Republican presidential candidates who called for his firing and an audit of the central bank. Low opinions of the Fed come from a long history of criticism of its power and secrecy, extending back to Thomas Jefferson.
President Obama addressed the United Nations General Assembly in New York Wednesday, speaking about the expected Palestinian bid for recognition by the U.N. The president said that peace between Israelis and Palestinians will not come through statements and resolutions at the U.N.
The Salt is a blog is about what we eat and why we eat it. It's about how food opens doors for discussion all over the world, and how it shapes the world, from culture, to science, to history, to business practices and environmental impacts.
The president has "let me loose" to hit the campaign trail, Biden told supporters Tuesday. Meanwhile, a new poll shows a majority of voters believe the president will lose "to any Republican" next year.
Google CEO Eric Schmidt testifies before a Senate subcommittee on Wednesday. The panel is examining whether the Internet giant is stifling competition. The European Commission and the Federal Trade Commission have opened inquiries into Google's business practices.
With time ticking away toward the first Republican primary contests, the pressure is building on Sarah Palin to declare her presidential intentions. Staying outside the official pack of hopefuls gives Palin a certain cachet. But it is also frustrating some party activists.
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