April 14, 2012 – 8:35 am
One would think that after all Obama’s whining about the Buffett rule and class war, Obama would make sure that he paid a higher net tax rate than his secretary (ABC News) President Obama today released his 2011 federal income tax, with he and his wife reporting an adjusted gross income of $789,674. The Obamas […]
February 22, 2012 – 8:49 am
Perhaps this is one of the reasons Team Obama is arguing that the mandate is a tax (USA Today) Next month’s challenge to the Obama-sponsored health care law could affect the care available to most Americans, alter the balance of power between Washington and the states and remain a flash point through this presidential campaign. […]
February 22, 2012 – 8:06 am
If you remember, Obama announced as part of his campaign style budget that he was going to push for corporate taxes in line with peer nations, which would have put the rate at about 20%. Well, his love of high taxes didn’t quite allow him to get there (Washington Post) President Obama on Wednesday plans […]
February 21, 2012 – 9:51 pm
It’s the height of Liberal/leftist/progressive fashion to try and tax those evil rich people to make up for idiotic government spending, and also because in Liberal World rich people are simply evil and….well, you’ve heard the story before. So, what happens when government tries it? (Telegraph) The Treasury received £10.35 billion in income tax payments […]
February 15, 2012 – 8:06 am
Of course, many in the media and the Democrat Party (but, I repeat myself) are portraying this as Republicans caving. Pretty much because this is about the only thing that Obama has done that is actually popular, to a degree. Why removing money from the Social Security fund is popular, I’m not sure (Washington Post) […]
January 26, 2012 – 4:25 pm
Yes, John Stewart had a little hussy fit over Mitt Romney’s tax returns. Oh, and then we find out (Bob Bartelby at Yahoo News) Here’s the problem: According to celebritynetworth.com, Stewart earns $15 million per year as his salary on “The Daily Show.” We can assume, because that is a job, he pays closer to […]
December 20, 2011 – 7:52 am
Obviously, the Democrats in the Senate are playing their typical games in kicking the issue of the payroll tax cut extension down the road. And, via Jake Tapper, we learn (ABC News) Officials from the policy-neutral National Payroll Reporting Consortium, Inc. have expressed concern to members of Congress that the two-month payroll tax holiday passed […]
November 9, 2011 – 8:48 am
Yes, you can thank the Obama administration for this one (Heritage) President Obama’s Agriculture Department today announced that it will impose a new 15-cent charge on all fresh Christmas trees—the Christmas Tree Tax—to support a new Federal program to improve the image and marketing of Christmas trees. OK, it’s not much, and it only applies […]
October 27, 2011 – 8:05 am
No, really. Somehow, these fools think that dumping more money in yet another wasted attempt to hook up campaign contributors stimulate jobs will reduce the deficit. Technically, if the spending would reap a huge hiring spree where salaries went up and people were again paying taxes (which would also be a boon to the cash […]
October 25, 2011 – 8:50 am
Better late than never. Skipping the preamble and heading to the meat (Wall Street Journal) On Tuesday I will announce my “Cut, Balance and Grow” plan to scrap the current tax code, lower and simplify tax rates, cut spending and balance the federal budget, reform entitlements, and grow jobs and economic opportunity. The plan starts […]
