Category: Taxes

Spending and Deficits

Posted on by Brian Garst

Suddenly the likes of Bernie Sanders care about the debt. Republicans, he and the angry left claim, are being hypocritical by not raising taxes.:  This is nonsense. Keeping tax rates the same is not, as he claims, adding anything to the debt. Sure, Republicans have agreed to Obama’s costly extension of unemployment insurance, but that’s […]

 

Something very, very weird is going on in Washington

Posted on by Bookworm

Are the wheels coming off the bus, or are we witnessing the most brilliant, and dangerous, political theater in our life times? Here’s what it looked like a few days ago: the President caved on maintaining the current tax rate, leaving Republicans triumphant. In exchange, it seemed as if the Republicans were extending unemployment benefits, […]

 

Hey, Good News, States See Some Revenue Growth. Bad News: Everything Else

Posted on by William Teach

I due truly love the spin from the LA Times: States’ budget picture is brightening – But many continue to face deficits. Tax revenues are rising but demand for social services remains high, and there won’t be a batch of federal stimulus money this year. Interesting. They destroy their own headline with the sub. Then […]

 

Obama’s Tax Cuts Surrender All Part Of His Plan, Or Something

Posted on by William Teach

Apparently, it has nothing to do with having no choice in breaking yet another promise to his unhinged rich people hating base: Obama’s tax cut extension part of strategy to show bipartisanship Although his liberal supporters are furious about the decision, President Obama’s willingness to extend all of the George W. Bush-era tax cuts is […]

 

UN Climate Summit, Cancun, Mexico: Climate Conmen Sending You Back 100 Years

Posted on by Warner Todd Huston

As most of you know last week I was down in Cancun, Mexico reporting on the U.N. Climate Change Summit (officially called COP16/CMP6). It was several days of sun, surf, and U.N. conmen. I am back in the saddle here at home but Friday I went from the warm white sands of Cancun back to […]

 

New Hawaii Government Transparency Website Debuts

Posted on by Warner Todd Huston

The Grassroot Institute of Hawaii is starting a new effort to spotlight wasteful government spending in the Aloha State and one of the central parts of this program is a new website that the group promises will, “revolutionize government accountability in Hawaii by revealing waste, fraud, and abuse of taxpayer dollars at the state and […]

 

Now That He’s Won, Reid’s Paying Back Unions

Posted on by Warner Todd Huston

Harry Reid survived his brush with electoral death winning yet another term as Nevada’s Senator. Reid knows what side of his bread is buttered, too. Big Labor gave him millions in campaign donations and Reid knows who he owes — or rather who owns him. Now that he’s fairly won he’s promising his patrons in […]

 

Obama’s Government Denying Tax Status Based on Pro-Israeli Support?

Posted on by Warner Todd Huston

A pro-Israel education group called Z Street is claiming that Obama’s IRS has violated its Constitutional rights by denying it tax exempt status solely because it supports Israel, support that apparently runs counter to Obama’s stance on Israel. Z Street reports that Obama’s IRS asked a telling question of the group as it sought the […]

 

Taxes, government dependency and happiness

Posted on by Bookworm

Two interesting things rolled across my desk today, interesting because they address the same topic — dependence on Big Government — but reach diametrically opposite conclusions. The first is a Dennis Prager column that examines why American conservatives are happier than American liberals. This isn’t just Dennis’ opinion, by the way. Instead, several recent polls […]

 

Make your check payable to “Bureau of the Public Debt” and STFU about raising taxes

Posted on by Chris Wysocki

This kind of stuff cracks me up. Millionaires to Obama: Tax us more! More than 40 of the nation’s millionaires have joined Patriotic Millionaires for Fiscal Strength to ask President Obama to discontinue the tax breaks established for them during the Bush administration. “For the fiscal health of our nation and the well-being of our […]

 

Your PC, supportive IRS at work

Posted on by Bookworm

Many of us view the IRS with a certain amount of suspicion. Being fair-minded people, we know that all societies need some mechanism to collect revenue to pay for basic government services (with the fault lying with Congress if those revenue demands are excessive). We also know that our family and friends may work for […]

 

L.A. Sports Stadium Project More Important Than Libraries, Police, Firemen?

Posted on by Warner Todd Huston

The 2010 elections are now history. If there was any lesson from this Republican tidal wave that swept across the country it is that the vast majority of Americans are furious at the overspending and flawed leadership of our politicians. Voters are no longer so easily fooled by claims that wild spending sprees are beneficial. […]

 

NY Times Editorial Board Hearts Economic Draft Proposal

Posted on by William Teach

Especially the parts about raising taxes and cutting the military: Some Fiscal Reality The draft proposal by the chairmen of President Obama’s deficit-reduction commission was a welcome antidote to the low-minded debate that dominated the midterm elections, in which politicians all vowed to reduce the deficit but offered no credible plans. By low minded debate, […]

 

Democrat’s Anti-Capitalist Net Neutrality Wounded, But Not Dead

Posted on by Warner Todd Huston

Just before election day the liberal blogs were aflutter with news that 95 Democratic Congressional candidates had taken the pledge to support Net neutrality if they were elected. That turned out to be a very big “if.” More like a forlorn hope, if you will. Of those 95 Democrats, the number actually going to Congress […]

 

On The Road With the King Street Patriots of Houston, Texas

Posted on by Warner Todd Huston

The left is in high dudgeon here in the 18th Congressional District in Houston, Texas. Democrat Representative Sheila Jackson Lee, a long-time left-winger, has held this seat since 1995 and she isn’t going to go away quietly. She is quite upset at the gall of a new conservative group that launched a poll watching effort […]

 

Free Training Booklets for Tea Party Activists

Posted on by Warner Todd Huston

The Heartland Institute has a great resource it is calling the “Tea Party Tool Box” where Tea Party activists can get some great booklets to help them train and operate their new political activities. Says the Heartland Institute: We will ship the following booklets to you free of charge to share with other Tea Party […]

 

Will The Treasury Dept. Turn the U.S. Into A New Weinmar Republic?

Posted on by Jeff Dunetz

Germany in the 1920’s did not “invent” Hyperinflation, they just made it famous. Hyperinflation was first systematically:  documented in Germany. The currency on the left is a relic:  from the Weinmar Republic. It was originally:  a 1,000 Mark currency note, but:  because of inflation, it was re-stamped to make it 1,000,000 Marks. You see:  inflation […]

 

Monday Funnies: Obama May Focus On Deficit Over The Next Two Years

Posted on by William Teach

One has to wonder whether this trial balloon comes from the administration, or the Associated Press. Either way, if Obama gives the deficit the same attention he gave jobs creation, it’ll balloon even more Preparing for political life after a bruising election, President Barack Obama will put greater emphasis on fiscal discipline, a nod to […]

 

Restrained No More’s — Big $pender-Like a Kid in a Candy Store

Posted on by Sharise Parviz

We all know who the Big $$pender is … Here’s a little tune to sing on the way to the polls. Just make sure you take your billy clubs (oops! Sorry, wrong audience.) I mean your boas ;) For other episodes of the show, a “backstage pass” and to download songs go to – http://www.restrainednomore.com/

 

The Politico: The Rich Defending Not Being Taxed Out The Ying Yang Is “Whiny” And “Upsetting”

Posted on by William Teach

Personally, I’ll never understand the liberal doctrine to punish people for doing well, instead of applauding them and incentivizing them to pump that money back into the private sector, creating jobs and wealth down the food chain. Alas, it is not to be President Barack Obama plans to raise taxes on “the rich,” and he […]