Tag: Taxes

If Your Taxes Go Up on January 1, You’ll Know Who Did It.

If Your Taxes Go Up on January 1, You’ll Know Who Did It.

| November 22, 2010 | 1 Reply

There has been a lot of posturing on the Democratic side of Congress over whether or not they will substantially raise taxes on everyone on January 1. Harry Reid might well play “hardball” with Republicans but his comrades in the Senate are nowhere close to unanimity on the matter. Things are not much better in […]

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Duck and Cover: Here Come the Tax Increases!

Duck and Cover: Here Come the Tax Increases!

| October 27, 2010 | 1 Reply

Even though they’ve hit on the subject a few times lately, I don’t think the Republicans have made enough of the fact that on January 1, you’re going to be taking home a good bit less money thanks to the Democrats in Congress and our President. If Congress fails to act, income tax rates will […]

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Are the Republican Message Masters Asleep at the Wheel?

Are the Republican Message Masters Asleep at the Wheel?

| September 10, 2010 | 2 Replies

Republicans, you know that whole lower taxes and free market message you’re supposed to be spreading? Well, you’re doing it wrong! PRINCETON, NJ — A majority of Americans favor letting the tax cuts enacted during the Bush administration expire for the wealthy. While 37% support keeping the tax cuts for all Americans, 44% want them […]

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The President Wants to Call the Right’s Bluff on Spending? Well, Here’s My Opening Ante.

The President Wants to Call the Right’s Bluff on Spending? Well, Here’s My Opening Ante.

| June 27, 2010 | 2 Replies

Today, the President stepped to the mic at the G20 summit, hitched up his pants, and called out everyone who has been demanding that he do something about the ridiculous debt he’s racked up in the past year and a half or so. Somehow people say, why are you doing that, I’m not sure that’s […]

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No No, Lindsey. Don’t Help. We’re Fine Here. Please.

No No, Lindsey. Don’t Help. We’re Fine Here. Please.

| April 14, 2010 | 3 Replies

I really do want to like Lindsey Graham. He reminds me of a kid who used to play on my soccer team when I was young. He was earnest and tried really hard, which made you feel like you had kicked a puppy if you got mad at him. Actually, I should say “when” because […]

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Maybe the Surgeon General Could Issue a Warning for Presidential Q&As

Maybe the Surgeon General Could Issue a Warning for Presidential Q&As

| April 4, 2010 | 4 Replies

Perhaps the next time the White House sets up a Q&A session for the President, the staff should warn the public to bring a bag lunch. That way, the audience won’t be in danger of starvation if the President decides to answer more than two questions. Last week, an audience in North Carolina nearly met […]

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Aw, What Struggling Economy Needs $250 Million Anyhow…

Aw, What Struggling Economy Needs $250 Million Anyhow…

| March 25, 2010 | 1 Reply

Yuh oh. Caterpillar Inc., the world’s largest maker of bulldozers and excavators, expects to record a charge of about $100 million resulting from the health-care law signed this week by President Barack Obama. The charge, to be recorded in the first quarter of 2010, reflects new tax liabilities on retiree drug benefits that are part […]

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Give the IRS More Power? That’s An Idea Not Even Harry Reid Could Love. Maybe.

Give the IRS More Power? That’s An Idea Not Even Harry Reid Could Love. Maybe.

| March 18, 2010 | 2 Replies

Geez, how could this possibly go wrong? A new analysis by the Joint Economic Committee and the House Ways & Means Committee minority staff estimates up to 16,500 new IRS personnel will be needed to collect, examine and audit new tax information mandated on families and small businesses in the ‘reconciliation’ bill being taken up […]

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Tax ‘Em Until They Flee, Then Tax ‘Em Some More!

Tax ‘Em Until They Flee, Then Tax ‘Em Some More!

| March 14, 2010 | 8 Replies

One of the practical problems with the boilerplate “tax the rich” strategy is that the rich are not stupid. When taxes in one state rise to an unacceptable level, they move to another where the tax rate is more to their liking. The new state gets a big infusion of tax revenues and the progressives […]

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Mo’ Nukes! Mo’ Nukes!

Mo’ Nukes! Mo’ Nukes!

| February 16, 2010 | 1 Reply

Well, this is a promising sign. President Obama is announcing funding to break ground on the first new nuclear power plant in nearly three decades.  In Lanham, Maryland Tuesday morning, Mr. Obama will announce the first loan guarantee for the construction and operation of two new nuclear reactors at a Southern Company plant in Burke, […]

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