Profiles in Tax Hikes: A Florida Nurse’s Tax Changes in 2013
What will the tax hikes of January 1, 2013, mean to real Americans? Let’s say you are a black woman who has a rewarding, though… Read More
Tax Increases Won’t Solve Washington’s Spending Problem
“We make some tough spending cuts on things that we don’t need; and then we ask the wealthiest Americans to pay a slightly higher tax… Read More
Liberal Welfare State in Decline
Even as the country deals with the crisis of the “fiscal cliff,” there’s another crisis waiting in the wings. “The second act will occur early… Read More
Obama’s Dirty Little Tax Secret: He’s Already Raised Taxes on the Rich (CHART)
The one glaring omission in President Obama’s fiscal cliff demands for higher rates on top earners is that he’s already raised their taxes. That’s right!… Read More
Even Baseball Players Are Watching the Fiscal Cliff
The fiscal cliff is getting closer by the day, and it’s not just Washington wonks who are noticing. Even baseball players are on fiscal cliff… Read More
Morning Bell: House Republicans Cave on Tax Increases and Punt Entitlements
When President Obama put forth his first offer on the fiscal cliff, House Speaker John Boehner (R-OH) said, “You can’t be serious.” We could say… Read More
Morning Bell: What IS the Fiscal Cliff?
With just a few weeks left in 2012, all eyes in Washington are on Capitol Hill and the “fiscal cliff” negotiations. As usual, Congress and… Read More
Powerball Jackpot Taxes: How Much Government Would They Pay For?
The two lucky winners of the Powerball jackpot are a part of Powerball history. Of course, the winnings are subject to federal taxes, making the… Read More
Morning Bell: 6 Fixes to America’s Fiscal Crisis
President Obama made his first offer to congressional Republicans yesterday in negotiations over the “fiscal cliff”—an economic catastrophe of tax hikes just a few weeks… Read More
Health CareNews
Lesson for Warren Buffett: British Millionaires’ Response to Tax Increases
As the fiscal cliff approaches, Congress and President Obama continue to debate tax increases, even though spending is the problem. Investor Warren Buffett recently opined… Read More
Fiscal Cliff: Where Are Your Spending Cuts, Mr. President?
The fiscal cliff debate has centered on talk of raising taxes on high-income Americans. The silence on spending cuts has been deafening. On Monday, as… Read More
Morning Bell: 4 Reasons Warren Buffett Is Wrong on Tax Hikes
Let’s talk taxes. In a New York Times op-ed yesterday, famed investor and Berkshire Hathaway CEO Warren Buffett once again argued that the wealthy should… Read More
Warren Buffett Wrong Again on Tax Increases
As we approach the “fiscal cliff,” there was little doubt that famed investor and self-appointed political sage Warren Buffett would pipe in at some point… Read More
The Right Time for a Carbon Tax Is Never
Once the electorate was made to realize that cap-and-trade bills (Lieberman-Warner, Waxman-Markey, etc.) were actually taxes on fossil energy, cap and trade became political poison…. Read More
Post-Election, Refocusing on National Security
According to research by Politico, interest in the impending automatic defense cuts took a dive leading up to the election. But as the post-election polling… Read More
Health CareNews
Morning Bell: The President’s Top 5 Immediate Problems
Now that President Obama will never face re-election again, it is time for the campaigning to end. Perpetual political rhetoric and promises do not matter… Read More
Former Navy Chief: “Military Must Be Kept Strong”
Retired Admiral Gary Roughead, former chief of naval operations, recently expressed concerns over looming defense cuts caused by sequestration. He joins a chorus that includes… Read More
Morning Bell: Unemployment Rate Inches Back Up
The October jobs report essentially agrees with the rest of the current data on the economy—the economy is growing slowly, too slowly to bring down… Read More
Morning Bell: The Specter of Taxmageddon Rises
On this Halloween, a truly frightening specter is looming. No amount of garlic, crosses, or exorcists can help us—only Congress and the President can chase… Read More
News
Obama Already Banking on Sequestration?
When the topic of sequestration arose during the final presidential debate Monday, President Obama declared, “It will not happen.” Considering that Obama has also previously… Read More
Sequestration: Spending Cuts Needed, but Get the Policies Right
Tonight’s presidential debate is a good opportunity for President Obama and Governor Mitt Romney to tell the nation what they would do about our spending… Read More
Questioners at Tonight’s Debate Face $4,492 Tax Increase Next Year
President Obama and former Governor Mitt Romney won’t be the only people in the spotlight at tonight’s presidential debate in Hempstead, NY. About 100 undecided… Read More
Bloomberg and Obama Misrepresent Tax Hikes on Small Business
In the recent presidential debate, President Obama said that only 3 percent of small businesses would pay higher rates under his plan to increase the… Read More
Morning Bell: 10 Questions for the First Presidential Debate
Tonight’s debate between President Barack Obama and former Governor Mitt Romney is supposed to focus on domestic policy, with a major concentration on the economy…. Read More
Chart of the Week: Obamacare’s Barrage of Tax Hikes Coming in 2013
The first presidential debate takes place in Denver on Wednesday with a focus on domestic issues, including President Obama’s unpopular health-care law. Obamacare imposes numerous… Read More
News
Why Larry Summers Is Wrong About the British Economy
Harvard economist Larry Summers claims in The Washington Post that aggressive fiscal austerity in the U.K. is the primary cause of its continued economic stagnation…. Read More
Don’t Play Politics with the Nation’s Security
The political grandstanding around sequestration is shameful. As Bob Woodward described in his book The Price of Politics, the present crisis was not the product… Read More
Morning Bell: Obama’s Dismal Jobs Record
The unemployment rate is now 8.1 percent, marking 43 months straight that it has stayed at 8 percent or above. At least 12.5 million Americans… Read More
It’s Not Getting Better: GDP Grows at a Sluggish 1.7 Percent Rate
This morning’s update from the Department of Commerce on economic activity in the second quarter shows that the economy grew at an anemic 1.7 percent… Read More
Are Spending Cuts as Harmful as Tax Increases?
Wednesday’s warning by the Congressional Budget Office (CBO) that the fiscal cliff is likely to push the economy back into recession should bring things sharply… Read More
