Secretary Secretary Timothy Geithner, who isn’t even capable of properly paying his own taxes, said that unemployment will go up, but only because the economy is improving. I guess we’re supposed to think that’s good news. He also said that extending Bush’s tax cuts would be “deeply irresponsible” as if the money people earn...
Memeorandum links to all sort of stories today about stimulus and extending the Bush tax cuts. Writing in the New York Times, William Gale takes on the “myths of the Bush tax cuts.” As William Jacobson pointed out, the screed is nothing more than another example of class warfare. Allowing people to keep more...
Van Jones says not to worry about the deficit, we can just tax all those rich companies. People with the same mind-set as Van Jones are running our country, which is why we aren’t seeing any job creation these days. Via Breitbart Tweetvaso link
At the risk of ruining your weekend, visit James at The Reaganite Republican and see what is happening to your taxes on January 1, 2011. He shows each income bracket and the increase. An example: if you are in the 10% bracket for personal income taxes, your increase will be a jump of 50%....
Well, well, well! Democrats may keep George W. Bush’s tax cuts in a desperate move to keep their seats in November. How will the Marxist Propaganda Squad (once known as the mainstream media) spin this? Whether Democrats dare to do it or not, it’s on the table. We have the quotes. We won’t forget. Tax...
What happened to recovery summer? Another 464,000 Americans lost their jobs. And Ben Bernanke said the United States economy is “unusually uncertain.” Those are not words to inspire confidence. Stuart Varney talked about it this morning on Fox News. He predicts a revolt in congress over raising taxes on January 1. I don’t know...
Democrat Congressman Rep. Pete Stark (D-CA) introduced a tax on currency trading yesterday. This is right out of the U.N. Millennium Development Goal 2000 (UNMDG), but the U.N. calls it “a currency transfer tax.” My title says Stark’s bill mimics the UNMDG, but maybe it is the UNMDG. Rep. Stark is the man who...
Reader Bill emailed: I haven’t heard anything about this on the news or online but it is an obvious huge jobs killer and will force more US companies out. Please help link to this! The Administration plans to change existing ‘dual capacity’ rules, which are tax laws that grant American companies who generate income...
Remember this? Obama argued that the individual mandate to purchase health care was not a tax. He said his critics say a lot of things. As if his critics should not be believed. Okay, now I’d like to see a follow up interview now that we know his administration is defending the mandate by...
Democrats love telling us that President Bush inherited a recession and squandered it away on tax cuts for the rich, Medicare drugs and frivolous wars. For one thing, isn’t an expansion of Medicare a liberal idea, and wouldn’t a Democrat have expanded it further? But the bigger point is, there never really was a...
Liberals can make an excuse for anything. The latest example is a Washington Post article on the tanning tax. The case can seem deceptively simple: Since patrons of tanning salons are almost exclusively white, the tax will be almost entirely paid by white people and, therefore, violates their constitutional right to equal protection under...
Here’s another milestone our Dear Leader has achieved – the United States debt (that’s our debt by the way, not “the government’s) has now seen its third largest single day increase in the history of the republic. It jumped so high that the one day increase in debt topped the entire deficit for the...
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