Looming Tax Hikes Preventing Economic Recovery
The danger of higher taxes in the future is thwarting economic recovery today. Businesses make investment and hiring decisions based on their expectations of future… Read More
The danger of higher taxes in the future is thwarting economic recovery today. Businesses make investment and hiring decisions based on their expectations of future… Read More
If President Barack Obama’s New Year’s resolution was for the federal government to stop taking majority ownership in private corporations, he’s off to a bad… Read More
The death tax will expire tonight as soon as the ball drops and 2010 officially begins. This is good news for the businesses and families… Read More
While most of us were at home waiting for Santa and his reindeer to arrive, a gift arrived for mortgage giants Fannie Mae and Freddie… Read More
William Voegeli writes in City Journal: Before 1990, [California and Texas] grew much faster than the rest of the country. Since then, only Texas has… Read More
A late end-of-year entry for the 2009 Claude Raines Award goes to a study just released by two economists at the University of Michigan finding… Read More
For the past week or so, President Obama has been trying to jawbone banks into lending more in order to jump start the economy. He… Read More
With the advent of new technology, newspapers are being threatened. Many are expected to go out of business, and the rest will have to change… Read More
President Obama last week told a group of Republican members of Congress who were at the White House that, every economist he has talked to… Read More
President Obama is reported to be considering an Executive Order creating yet another commission to consider options for curtailing Washington’s deficit addiction. Even at a… Read More
In the latest salvo in the war against wireless, media activist group Free Press last week proclaimed that “carriers are using…inflated early termination fees to… Read More
As early as today, the House is set to approve Rep. Barney Frank’s (D-MA) financial regulation bill intended to prevent future Wall Street bailouts by… Read More
The financial reform bill that is currently before the House would give regulators virtually unlimited power over “too big to fail” financial institutions. Those are… Read More
Creating a new “Consumer Financial Protection Agency” (CFPA), as proposed in the financial regulation bill now before the House, would raise costs for consumers, reduce… Read More
Just as the housing market is showing definite signs that it is stabilizing after a lengthy drop in housing prices, the House of Representatives is… Read More
With over 15 million Americans out of work Congress is searching for ways to reduce unemployment. The latest idea, put forward by Sen. Jack Reed… Read More
When the government bailed out General Motors and Chrysler, part of the necessary, painful road to recovery was to cut unnecessary dealerships. Before the cuts… Read More
Timing is everything in life. And in death. America’s level of death taxes is a bouncing ball—a political football because Congress is fumbling around with… Read More
The U.S. House of Representatives will likely vote tomorrow to continue about 50 expiring tax incentives known as “tax extenders.” It must do so each… Read More
The health care reform wallowing through Congress includes a ploy reminiscent of the “liar loans” prominent during the recent real estate bubble before its collapse…. Read More
Last week’s Wall Street Journal called attention to an issue that most policymakers in Washington don’t want to talk about: President Obama and Congress’ ever-growing… Read More
There’s new evidence that General Motors and Chrysler, both owned partly by taxpayers, are still facing interference in the way they are run. The latest… Read More
Back when the unemployment rate was only 9.8% White House economic adviser Jared Bernstein told the Associated Press that the early data on the effect… Read More
Congress is discussing yet another tax increase. This one would be a tax on stock transactions and could fund a new jobs bill since it… Read More
Bidding has begun on Comcast’s acquisition of a majority stake in NBC Universal. No, not the bidding between GE and Comcast over the terms of… Read More
Another month under President Obama, another 11,000 jobs lost, pushing the total Obama jobs deficit to 7.6 million. One day after the White House jobs… Read More
The Bureau of Labor and Statistics released their November employment report showing the nation’s unemployment rate dropped all the way to 10%. While it is… Read More
It’s been used to buy one car company, give another to union allies, punish non-union workers, undermine the bankruptcy code, enrich Wall Street at the… Read More
The U.S. House of Representatives voted to permanently extend the death tax at its current 45 percent rate and $3.5 million exemption. This is a… Read More
Federal stimulus spending is stimulating business for contractors helping the government figure out how to spend the stimulus money, reports the Washington Post. Government agencies… Read More