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taxes  (Page 5)

“And until he’s gone, everybody’s going to be sitting on their thumbs.”

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Posted by  ▪  Tuesday, July 19, 2011 at 8:23am

There are parts of Steve Wynn’s anti-Obama “rant” which have received more attention, but this is the part that is key to me. 

It’s been something I’ve been writing about since before the election, the Obama effect.  It’s why Obama owns the job losses in the late fall...

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He’s the only reasonable person, in his own mind

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Posted by  ▪  Monday, July 11, 2011 at 11:56am

I was right, mostly. The serious, conciliatory Obama showed up at the press conference today. The only reasonable person in the room was the theme.

I was wrong to the extent that in his opening statement and throughout Obama framed the issue as the Republicans not being serious, not living up to...

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It’s a Wonderful Democratic Tax Policy

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Posted by  ▪  Sunday, July 10, 2011 at 2:56pm

A deviation on a theme

Every time a couple making over $250,000 per year gets their taxes raised, a Democrat gets its wings.

 
 
 

This picture is worth 2 trillion words

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Posted by  ▪  Sunday, July 10, 2011 at 11:15am

Democrats have an idea.  Let’s take an additional $2 trillion from the private sector and give it to the federal government.

What possibly could go wrong?

 
 
 

Obama’s deficit reduction Charades – “sounds like” more taxes

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Posted by  ▪  Sunday, July 10, 2011 at 8:30am

Last night John Boehner announced that Republicans were abandoning an attempt to reach a $4 trillion deficit reduction deal with Obama because Obama inisted on $1 trillion in tax increases.  

 Obama always wants new taxes on the “rich.”  As Michael Alan wrote here, Obama wanted tax increases before the credit crisis and...

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Obama’s Tax Hikes Aren’t a Last Resort, They Were the Plan All Along

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Posted by  ▪  Friday, July 1, 2011 at 1:46pm

In his rather “prickly” press conference on Wednesday, President Obama made it sound as if tax increases (or, to use the Democrats’ language, “cutting spending in the tax code”) were part of a last resort at trimming the deficit as the federal government reaches its $14 trillion debt ceiling. He even...

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Revolt of the Amazon Kulaks

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Posted by  ▪  Thursday, June 30, 2011 at 11:21am

The Revolt of the Kulaks has come to California.

Via Drudge, California’s attempt to tax internet sales has met with a reaction:

Gov. Jerry Brown has signed into law California’s tax on Internet sales through affiliate advertising which will immediately cut small-business website revenue 20% to 30%, experts say.

The bill, AB 28X, takes effect...

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He Is The Taxman, Man

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Posted by  ▪  Sunday, June 12, 2011 at 9:00am

I heard it on the radio, so it must be true.

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Majority Now Pay No Federal Income Taxes

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Posted by  ▪  Wednesday, May 4, 2011 at 9:03am

Via TaxProf comes this news:  51% of income “tax filing units” now pay no federal income tax.  While that does not necessarily translate into 51% of the population, it still shows that there is a strong political incentive to pander to those who pay no federal income taxes and to wail against...

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The Making of a MoveOn.org Video

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Posted by  ▪  Tuesday, April 19, 2011 at 11:18am

About 30 people in Providence, RI protested outside a Bank of America branch as part of MoveOn.org’s Tax Day: Make Them Pay national protest.

The video below shows two of the protesters accompanied by someone taking...

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Frustration

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Posted by  ▪  Wednesday, March 23, 2011 at 1:37pm

It’s slow posting here today.

I’m trying to get as much done on income tax preparation this week as possible, since it’s our spring recess.

Every year I go through the same thought process:

The income tax preparation process is a colossal waste of time, effort and resources.  It truly is amazing how much time,...
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What Don’t You Understand About Growing The Pie?

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Posted by  ▪  Sunday, March 13, 2011 at 10:06am

The 400 wealthiest people control more wealth than that controlled by bottom economic half the population. Michael Moore said it, and PolitiFact checked it, so it must be true.

So what?

There is no limit to wealth in a free-market, capitalist society, unlike a socialist society where government controls the means of production and...

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Great News! Taxes Are Lower! (er, because economy stinks)

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Posted by  ▪  Tuesday, February 8, 2011 at 9:00am

The AP (via CBS News) has a headline sure to warm the hearts of the Obama communications team:  High Taxes? Actually, They’re at a 60-Year Low:

Actually, as a share of the nation’s economy, Uncle Sam’s take this year will be the lowest since 1950, when the Korean War was just getting...
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Other States Circling Illinois Businesses Wounded By Tax Increases

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Posted by  ▪  Thursday, January 27, 2011 at 9:53am

Tax increases in Illinois are causing other states to target Illinois businesses with promises of a more friendly business environment.

I previously posted how Indiana Governor Mitch Daniels Favors Tax Increases … in Illinois:

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Mitch Daniels Favors Tax Increases … in Illinois

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Posted by  ▪  Saturday, January 8, 2011 at 7:15am

Mitch Daniels, Republican of Governor of Indiana and prospective presidential candidate, is having some fun with proposed tax increases in neighboring Illinois, as reflected in Daniels’ interview with The Northwest Indiana Times (h/t Illinois Review):

Gov. Mitch Daniels thinks Illinois’ proposed 75 percent hike in its corporate and personal income tax rates will...
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Liberal Taxes Explained

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Posted by  ▪  Thursday, January 6, 2011 at 8:47pm

From the producer of Feminism Explained and Meet the Liberal Elite. Thanks again to reader Robin for the link.

[youtube=http://www.youtube.com/watch?v=vgTFiMUF4kY?fs=1]

Once again, liberal consciences were put to the test.

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In Praise of Mitch McConnell

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Posted by  ▪  Wednesday, December 22, 2010 at 10:07am

This is not the post you probably were expecting from me given my harsh — and as always prescient — criticism of Republicans in the lame duck session.  I was screaming “capitulation!” before screaming “capitulation!” was fashionable.

Notwithstanding the lame duck session, give Mitch McConnell some credit for the war which has been...

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