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Monday, January 19, 2015

President Barack Obama would take from the rich and give to everyone else as part of a sweeping tax plan he intends to push Tuesday in his State of the Union address. The Robin Hood-style proposal would raise taxes on capital gains and various breaks for the wealthy in order to finance more generous education, family and retirement benefits for those further down the income ladder. "By ensuring those at the top pay their fair share in taxes, the president's plan responsibly pays for investments we need to help middle-class families," the administration says in a summary. It faces long odds in the Republican-controlled Congress, where lawmakers have bitterly complained about a string of recent tax increases on the wealthy. read more


Sunday, January 11, 2015

Democrats spent much of the 2014 campaign castigating Republican big money, but, it turns out, their side actually finished ahead among the biggest donors of 2014 – at least among those whose contributions were disclosed.

The 100 biggest donors of 2014 gave nearly $174 million to Democrats, compared to more than $140 million to Republicans, according to a POLITICO analysis of reports filed with the Federal Election Commission and Internal Revenue Service.


France has declared war against Islamic terrorism and hate, Prime Minister Manuel Valls said Saturday in defiant speeches aimed at rallying his country in the aftermath of a three-day jihad spree that left 17 dead. "We are at war -- not a war against a religion, not a war against a civilization, but to defend our values, which are universal," Valls said. "It's a war against terrorism and radical Islamism, against everything that would break our solidarity, our liberty, our fraternity." read more


Saturday, January 10, 2015

A wacky former MIT professor took cinema verite to a whole new level by robbing a Manhattan bank and recording the heist, authorities said.

Joseph Gibbons, 61, a filmmaker and "visual artist'' who taught for a decade at one of the world's most prestigious universities, has gone rogue, robbing banks as part of his latest "art'' project.


President Obama's plan to provide free tuition to community college students has landed with a thud among number crunchers, who argue that overburdened states cannot afford to fund the White House idea.

As a political strategy, "free tuition" is as appealing a message as Obama could devise heading into his final two years in office. But when pressed on funding the measure, it gets messier for the White House. read more


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