Posts Tagged ‘taxes’
Taxmageddon cometh…
Here’s a piece on the taxes scheduled to rise next January. “Taxmageddon” isn’t a bad moniker for it. If His Oneness should be re-elected, you can depend upon many more taxes, fees, and fines being added to the list.
Subsidies for the rich…
Sen. Tom Coburn has issued an interesting report which we should all read. Veronique de Rugy hits the highlights here.
Colorado declines…
Well, what do you know. Colorado citizens voted down a proposed tax hike by 64 % to 36%. The extra revenue was earmarked for education, and its proponents outspent the opponents by 20 to 1. Ross Kaminsky devoted a lot of blog and radio time to defeating the measure, so he deserves to be pleased.
But the most interesting thing is, as Paul Gigot points out, how many other local tax proposals were shot down. It would appear that the good taxpayers of Colorado are not buying the progressive mantra of ”for the children!” or listening to the Occupy The Universe crowd.
It’s not your money…
Harvey Golub has a first-class response to Warren Buffet’s asinine call for taxes to be raised on the rich, and to the assumption of His Oneness that Mr. Golub should keep even less of the money he earned.
Excess income…
Mona Charen has some excellent suggestions for how His Oneness could use his own excess income — you know, the couple of hundred thousand dollars he boasted about not needing in his recent presser.
Tax Day…
Iain Murray reminds us that for every dollar you hand over, the Feds are costing you twice that in regulatory costs.
Think that must be an exaggeration? Read this jaw-dropping column from Art Laffer on just the cost of complying with the tax code.
McCaskill’s money…
I am just loving Sen. Claire McCaskill being caught not paying taxes on her private plane. My enjoyment is increased because she was quick to go after such people when she was the Missouri state auditor, and has lectured against those in government who think rules are for other people.
And isn’t it interesting that a woman who describes herself as a public servant can just write a check for nearly $400,000?
Taxing matters…
His Oneness thinks the tax framework will help his re-election efforts. Some think this ensures a primary challenge from the left. Charles Hurt makes a killer argument that the move will win Obama no votes.
Nicole Gelinas isn’t overly enthusiastic about the proposed deal. The White House is now claiming it wanted a fight, but few in the democratic caucus seem to believe it, and Jennifer Rubin says flatly the Republicans won. Byron York examines how the Democrats use of reconciliation and failure to issue a budget has come back to bite them now.
But what if Obama got exactly what he wanted, asks Joseph Lawler
As for His Oneness, how meaningful is a federal wage freeze if federal employees are still getting $2.5 billion in pay increases?
When debt explodes…
Thomas Sowell has a column on the debt which you must read. And do click on the link to the Congressional Budget Office report — as a former Fed chair says, the report is written to a level of simplicity which even a Congressman can comprehend.
Here’s another column by Dr. Sowell, in which he explains how His oneness is taking us all for fools.
Peter Robinson has a new Uncommon Knowledge series with Dr. Sowell, and 4 of the 5 parts are available here.
The duck rules!
Yes, there are some things worth paying taxes for, but very few of them are being funded these days. Enjoy this little propaganda cartoon from 1943, starring Donald Duck, and thanks to Daniel Foster and Ezra Klein for pointing us to it.