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Burger King Merges with Tim Hortons, Left has a Meltdown

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Posted by  ▪  Wednesday, August 27, 2014 at 6:30pm
burger king tim hortons

The world’s third-largest fast food chain is just a signature away from reality.

Burger King Worldwide, Inc. announced on Tuesday that it has made a deal to buy popular Canadian coffee chain Tim Hortons for a cool $11 billion. The decision to move the combined corporate headquarters to Canada, however, has...

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IRS Wins Key Evidentiary Ruling In True the Vote Suit

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Posted by  ▪  Friday, August 8, 2014 at 1:00pm
20121211_TRUETHEVOTE_logo_630x400

Voter advocacy organization True the Vote hit a roadblock Thursday when a federal judge denied its request to have an independent forensic expert search for Lois Lerner’s “missing” e-mails.

Judge Reggie Walton of the U.S. District Court in Washington ruled that True the Vote’s attorneys failed to provide evidence showing that...

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Corporate tax “patriotism” mandate moves into high gear

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Posted by  ▪  Sunday, July 27, 2014 at 4:30pm
Obama NSA Press conf 1-17-2014 3

We previously reported on the Newest Obama Admin Mandate: Corporate Tax Patriotism.

That “patriotism” push is moving into high gear, as Jeff Mason of Reuters reports:

Obama rails aga...

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Newest Obama Admin Mandate: Corporate Tax Patriotism

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Posted by  ▪  Wednesday, July 16, 2014 at 4:30pm
jack lew

First it was Vice President Joe Biden who said paying higher taxes was “patriotic.” Now, Treasury Secretary Jack Lew has resurrected the taxes-as-patriotism meme for the Obama White House.

Secretary Lew used...

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America’s New Workplace Standard is… France?

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Posted by  ▪  Tuesday, June 24, 2014 at 4:13pm
Obama Iraq Press Statement 6-19-2014

Yesterday, President Obama announced America should aspire to be more like France when supplying employee benefits. The Washington Examiner reports:

“Other countries know how to do this,” Obama said. “If France can figure this out, we can figure it out.”

“Many women can’t even get a paid day off to give birth,” Obama...

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Clintons Back Estate Taxes, Except When They’re Avoiding Them

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Posted by  ▪  Wednesday, June 18, 2014 at 7:30am
Clintons Estate Tax

In a classic case of liberal double standards, Bill and Hillary Clinton are enjoying the use of the very tax loopholes they want to end for average Americans.

Richard Rubin of Bloomberg reports:

Wealthy Clintons Use Trusts to Limit Estate Tax They Back

Bill and Hillary Clinton have long supported an estate tax to...

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Illinois puts hold on $100 million public funding of Obama Library

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Posted by  ▪  Saturday, May 31, 2014 at 2:00pm
Obama on Telephone in White House

You would think a state with such dire financial problems couldn’t even consider spending such a large sum of tax dollars on something that’s usually built with private money.

Luckily, the Illinois House has backed off the idea for the moment. USA Today reported…

Illinois shelving $100M gift to Obama library

A plan to...

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Woman Loses Tax Refund Over 37 Year Old Debt to Social Security

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Posted by  ▪  Saturday, April 12, 2014 at 5:30pm
Greta Van Susteren

The debt in question wasn’t incurred by the woman, it was another member of her family and it was the result of an overpayment. The blame lays with the Social Security administration.

Marc Fisher of the Washington Post reported this week…

Social Security, Treasury target taxpayers for their parents’ decades-old debts

A few weeks...

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CBO confirms Obamacare subsidies create disincentive to work harder

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Posted by  ▪  Tuesday, February 4, 2014 at 11:03am
(Implicit Marginal Rate prior to Obamacare)

This all was predicted. Obamacare subsidies decrease the incentive to work harder because as one’s income increases, the subsidies vanish.

It’s what we call the implicit marginal rate which takes into account not only tax marginal rates, but also loss of government benefits.

In the key 30-50,000 range, the implicit marginal rate has exceeded 100% even ...

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Rain tax, Rain tax, go away …

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Posted by  ▪  Sunday, April 28, 2013 at 2:30pm

Not in Maryland where it’s just starting

Former senate candidate, Dan Bongino, discussed the “rain tax” on Fox and Friends.

One of our blessings in Maryland is that the legislature is only in session for three months. It limits the amount of damage...

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Internet sales tax “will put me out of business” (Update — Maybe not)

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Posted by  ▪  Wednesday, April 24, 2013 at 9:30am

The freewheeling, somewhat tax-free, internet business community consists not only of big businesses like Amazon.com, but also of innovators and small entrepreneurs who create self-employment, supplement incomes, and sometimes just have fun doing what they are doing.

Yesterday Mandy noted that the feds are about to authorize states to tax internet sales, ...

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Plan B fails — Now the House needs to consider Plan C

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Posted by  ▪  Thursday, December 20, 2012 at 8:12pm

Just flashed across the screens was that the final vote on the tax portion of so-called Plan B had been cancelled tonight because John Boehner did not have enough votes.

What a mess.

You don’t go there unless you are certain you can get there.

Plan C, The Christmas Plan, is the only alternative...

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Dear @SpeakerBoehner, it’s time for Plan C — The Christmas Strategy

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Posted by  ▪  Tuesday, December 18, 2012 at 1:14pm

It is very frustrating to watch John Boehner and House Republicans twist themselves into contortions in a futile attempt to appease Obama.

Plan B failed before it was swallowed because Obama believes that he can shift the blame to Republicans based on the arbitrary deadline for taxes to rise.  There is no...

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Emerging fiscal cliff deal in two words

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Posted by  ▪  Monday, December 17, 2012 at 5:30pm

Locked in trillion dollar tax revenue increase.

Promises, promises on spending cuts.

According to the frequently wrong but always wonkish-proclaiming Ezra Klein, this is where the Boehner-Obama negotiations are heading:

Boehner offered to let tax rates rise for income over $1 million....

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