taxes  (Page 1)

Obama Proposes New $10 Oil Tax

obama 60 minutes october 2015
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Posted by  ▪  Friday, February 5, 2016 at 8:30am 2/5/2016 at 8:30am
obama 60 minutes october 2015

In his last year in office, Obama promised to be more bold (reckless?) in pushing his agenda, and one thing that has long irritated him about our great country is our consumption of oil.

To address this pet peeve of his, Obama has released a budget in which he proposes a $10...

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Bernie’s “Free Stuff” Will Cost Taxpayers $19.6 Trillion in New Taxes

Bernie Sanders Democratic Debate 1-17-2016
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Posted by  ▪  Wednesday, January 20, 2016 at 7:00am 1/20/2016 at 7:00am
Bernie Sanders Democratic Debate 1-17-2016

Last week, I noted that Bernie Sanders was reluctant to reveal how he intends to pay for everything for everyone; this week, the Washington Examiner has some answers.

The Washington Examiner estimates that the bill for Bernie’s “free stuff for everyone!” promises will be approximately $19.6 trillion.  Our national debt, which has ...

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Cash Poor Democrats Want Taxpayers to Fund Their Convention

DNC cash poor problem
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Posted by  ▪  Tuesday, December 15, 2015 at 2:45pm 12/15/2015 at 2:45pm
DNC cash poor problem

Last month we reported that the DNC was going into debt while the RNC was raising millions. In a new but related development, the cash poor Democrats want taxpayers to help pay for their national convention.

Stephen Dinan reported at the Washington Times:

Struggling DNC craves tax dollars for convention

Already struggling...

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Art Laffer: Rand Paul and Ted Cruz Have Best Tax Plans

Art Laffer
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Posted by  ▪  Friday, November 27, 2015 at 6:00pm 11/27/2015 at 6:00pm
Art Laffer

Art Laffer, famed member of President Reagan’s Economic Policy Advisory Board, has co-authored, with Stephen Moore, an article for Investor’s Business Daily in which they assert that Rand Paul and Ted Cruz have the “best” tax proposals.

They begin with a bit of a warning to those serious about tax reform:

All the...

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Fleeing blue state taxpayers should leave their blue politics behind

http://knowmore.washingtonpost.com/2015/04/01/how-a-great-american-migration-to-california-reversed-itself/
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Posted by  ▪  Sunday, September 6, 2015 at 12:30pm 9/6/2015 at 12:30pm
http://knowmore.washingtonpost.com/2015/04/01/how-a-great-american-migration-to-california-reversed-itself/

A newly published study shows taxpayers are (still) abandoning blue states and heading to states where Republicans retain a greater level of influence.

Leah Jessen of the

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Record $2.6 Trillion tax revenue not enough to feed federal gov’t beast

Federal Government Record Taxes
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Posted by  ▪  Sunday, August 16, 2015 at 9:30am 8/16/2015 at 9:30am
Federal Government Record Taxes

Since the beginning of fiscal year 2015, the federal government has taken in a staggering $2.6 trillion in tax revenue. Despite this record breaking haul, the United States is still operating in the red.

Terence P. Jeffrey of CNS News reports:

$2,672,414,000,000: Federal Taxes Set Record Through July; $17,955 Per Worker–Feds Still Run...

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Report: IRS Used Donor Lists to Target Conservatives for Audits

Judicial Watch IRS Report Fox
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Posted by  ▪  Thursday, July 23, 2015 at 7:00am 7/23/2015 at 7:00am
Judicial Watch IRS Report Fox

President Obama appeared on the Daily Show this week and claimed that the IRS never targeted the Tea Party.

Yet according to an explosive new report from Judicial Watch, the IRS used donor lists from certain organizations to target specific people for audits:

Judicial Watch: New Documents Show IRS Used Donor Lists to...

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Post-SCOTUS Gay Marriage: Religious institution tax exemptions at risk

Supreme Court Gay Marriage Oral Argument Fox News Tax Exemption Liberty
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Posted by  ▪  Sunday, June 28, 2015 at 6:30pm 6/28/2015 at 6:30pm
Supreme Court Gay Marriage Oral Argument Fox News Tax Exemption Liberty

Forty-eight hours after the Supreme Court’s monumental gay marriage decision, and progressives are already calling for an end to tax exemptions for churches.

Anticipating the Supreme Court’s eventual ruling on Obergefell v. Hodges, Senator Mike Lee and Rep. Raul Labrador introduced the First Amendment Defense Act. The bill would protect religious institutions...

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Clinton Foundation turns itself in before getting caught

Clinton Foundation Taxes
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Posted by  ▪  Tuesday, April 28, 2015 at 7:00am 4/28/2015 at 7:00am
Clinton Foundation Taxes

The Clinton Foundation has admitted that it may have made “mistakes” with regard to their taxes and will refile five years of returns.

The admission came after a Reuters report was published on Sunday:

Clinton Foundation admits making mistakes on taxes

The Clinton Foundation’s acting chief executive admitted on Sunday that the charity had...

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Four MSNBC Hosts Owe Considerable Back Taxes

MSNBC Hosts Back Taxes
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Posted by  ▪  Saturday, April 25, 2015 at 4:30pm 4/25/2015 at 4:30pm
MSNBC Hosts Back Taxes

The progressive hosts of MSNBC may like the idea of big government programs, but for some of them, paying taxes seems to be a challenge.

Jillian Kay Melchior outlined the issue in a recent column for National Review:

MSNBC’s Touré Has the Taxman on His Case

Touré Neblett, co-host of MSNBC’s The Cycle, owes...

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Ted Cruz and Rand Paul Sign Taxpayer Protection Pledge

Taxpayer Protection Pledge
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Posted by  ▪  Saturday, April 25, 2015 at 2:30pm 4/25/2015 at 2:30pm
Taxpayer Protection Pledge

While I’m not a fan of Grover Norquist, I do appreciate his Americans for Tax Reform’s work each election cycle to get candidates on the record regarding tax increases.  It’s not the be-all-and-end-all, but it does indicate to voters where candidates stand in terms of big government and taxation.  The...

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California’s “assisted death” legislation clears Senate hurdle

LI #20 death and taxes 2
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Posted by  ▪  Thursday, April 16, 2015 at 11:30am 4/16/2015 at 11:30am
LI #20 death and taxes 2

Since we “celebrated” Tax Day with an analysis on the difficulties of cutting down the tax code, now seems like a good time to review the topic that is the only other certainty in life — death.

California’s politicians, not content with messing around with our water flow, are looking to OK...

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Taking advantage of the tax day narrative

taxed enough RNC graphic 2015
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Posted by  ▪  Wednesday, April 15, 2015 at 11:40am 4/15/2015 at 11:40am
taxed enough RNC graphic 2015

Today, the RNC sent out their annual “isn’t this terrible” tax day press release decrying big government excesses and calling for reform. Take a look:

“Today is Tax Day, our annual reminder of how much of our hard-earned money is sent to Washington, DC, and spent recklessly by a bloated federal government....

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Al Sharpton’s Tax Records Destroyed by Fire… Twice

Al Sharpton
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Posted by  ▪  Thursday, March 12, 2015 at 8:30am 3/12/2015 at 8:30am
Al Sharpton

Al Sharpton’s tax problems are well known. It’s a good thing he isn’t a member of the Tea Party, otherwise he might be in real trouble with the IRS. Luckily for the good reverend, he’s a liberal progressive and therefore subject to a different set of rules.

What you may not have...

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Majority of Obamacare Customers Will Owe Money This Tax Season

Bumper Sticker - Wisconsin - Don't Tread On My Obamacare
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Posted by  ▪  Wednesday, February 25, 2015 at 8:30am 2/25/2015 at 8:30am
Bumper Sticker - Wisconsin - Don't Tread On My Obamacare

Tax season approaches and the Obamacare bill is finally coming due.

Sarah Ferris of The Hill has some bad news for people who have been receiving Obamacare subsidies:

H&R Block: Majority of ObamaCare customers paying back subsidy

A majority of ObamaCare customers, 52 percent, are being forced to pay back some of their subsidies...

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IRS Flip-Flop: Illegals who didn’t pay taxes will still receive refunds

IRS building
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Posted by  ▪  Thursday, February 12, 2015 at 1:00pm 2/12/2015 at 1:00pm
IRS building

Last week, we covered IRS Commissioner John Koskinen’s testimony about the shocking tax consequences of Obama’s executive amnesty plan. In previous testimony before Congress, Koskinen explained that illegal immigrants who were granted amnesty would be eligible to receive back-refunds in the form of the Earned Income Tax Credit (EITC)—but only if...

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More Stimulus? Obama Wants $478 Billion for Roads and Bridges

Obama Post Election 2014 Press Conference
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Posted by  ▪  Monday, February 2, 2015 at 8:30am 2/2/2015 at 8:30am
Obama Post Election 2014 Press Conference

Obama sure does like to spend money. Back in 2009, his Stimulus bill managed to use up almost a trillion dollars. The budget he’s going to release this time around will request just under half a trillion dollars for American roads and bridges.

Juliet Eilperin and Ed O’Keefe of the Washington Post:

Obama...

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