House Speaker John Boehner’s recent comment that Congress should “take a look at” repealing tax subsidies for large oil companies is well-founded.  These subsidies are a particularly poor use of taxpayer funds.

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Conservative lawmakers and pundits often claim that the richest Americans are paying a disproportionate share of taxes while a huge number of lower-income Americans pay nothing at all. CTJ has updated its report on federal, state and local taxes that explains why they're wrong.

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A key business leader who was appointed to the President’s fiscal commission and who is scheduled to appear this morning with several U.S. Senators to address the budget deficit, manages a corporation that has largely avoided paying U.S. taxes, according to public records.

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Any rational proposal to balance the federal budget would rely on a mix of spending reductions and revenue increases. But the House Republican budget plan relies on draconian spending cuts and actually reduces revenue.

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