Let the caving begin! It looks like Speaker John Boehner has offered to agree to raising tax rates on people with earnings of $1 million and above. Signaling new movement in “fiscal cliff” talks, House Speaker John Boehner has proposed…
After the British government raised the tax on millionaires to 50% the millionaires started to disappear. In the 2009-10 tax year, more than 16,000 people declared an annual income of more than £1 million to HM Revenue and Customs. This…
President Obama has revived his calls for tax hikes on millionaires and billionaires. He seems to have forgotten about the Buffett tax, and now wants to let tax rates go up on American couples earning over $250,000 per year, or…
It’s so ironic that President Obama goes out on the stump day in and day out bashing the wealthy while providing them with subsidies that add up to hundreds of billions of dollars every year. Stephen Moore and Walter Williams…
A group of self-described “patriotic millionaires” traveled to Washington, DC yesterday to call for higher taxes for all millionaires. Daily Caller reporter Michelle Fields was there with her iPad and a microphone. She made it easy for them to help…
Yesterday Senator Tom Coburn, MD (R-OK) released a report exposing millions of dollars in taxpayer subsidies to millionaires. It’s just another example of how utterly dysfunctional and corrupt the federal government has become. It’s disgusting. U.S. Senator Tom Coburn, M.D.…
If Warren Buffett and President Obama have their way, a big new tax will be named after the billionaire who wants to be taxed more. (Never mind that he’s free to pay all the taxes he wants.) The details are…
President Obama and his fellow progressives have great disdain for millionaires and billionaires. Unless they’re part of the ruling class, that is. Well, there are a whole lot fewer of them to kick around these days thanks to the rotten…
This is how progressives think. Here’s video of the uber-liberal “economist” Paul Krugman talking about progressive taxation. He believes 91% taxation for millionaires would be okay because they don’t do any good for society anyway. The scary part is that…
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