Facing rising populist anger over his administration’s billion-dollar bailouts, President Barack Obama proposed a $117 billion tax over the next 12 years on financial companies… Read More
When does Washington consider a successful small business a problem to be dealt with? When that small business successfully competes against unionized firms. Then it… Read More
One of the key issues the White House, House, and Senate will be negotiating behind closed doors, is how to pay for President Obama’s $2.5… 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
While millions of Americans are more than ready to put 2009 behind them, they should know that Congress failed to reauthorize dozens of tax breaks… 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
The Heritage Foundation’s 2009 Federal Revenue and Spending Book of Charts is one of the most heavily trafficked features on our homepage. Here, by traffic,… Read More
Although the left has been celebrating the passage of Obamacare in the Senate as further evidence that the President’s health care reform initiative is a… Read More
As part of Senator Harry Reid’s indefatigable effort to make each new version of the Senate health care legislation worse than the previous one, his… Read More
Senate Majority Leader Harry Reid (D-NV) has set the stage for a major vote Monday morning at 1:00 AM – one that would require the… Read More
The Senate Leadership is scheduling the first vote on their health care bill later today. A thorough critique and analysis of the 383 page manager’s… 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
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
The U.S. House of Representatives will vote this week on a bill that would permanently extend the estate tax (known better as the death tax)… Read More
Liberals in Congress and out are calling for a new tax to pay for the war on terrorists in Afghanistan and Iraq. At the same… Read More
Speaking to the press after reports that the White House will send 34,000 additional troops to Afghanistan, President Barack Obama said, “it is my intention to finish… Read More
Speaking at Georgetown University on April 14th, President Barack Obama promised: “We cannot rebuild this economy on the same pile of sand. We must build… Read More
The Senate voted this evening by a 60-39 majority to commence debate on Senate Majority Leader Harry Reid’s bill that would radically expand government control… Read More
After “many months of discussion” in which the National Federation of Independent Business was engaged in efforts to ensure that the high cost of health… Read More
Leaders in the House of Representatives recently discussed the possibility of extending the death tax at its current rate and exemption levels for one year… Read More
With the event horizon of the vote on the Reid Health Care Bill approaching, it appears that passage of the legislation would, yet again, amount… Read More
In order to pay for a massive health care bill (H.R. 3590), Majority Leader Harry Reid (D-NV) creates a host of new taxes. These taxes… Read More
The latest proposal to pay for a government takeover of the health care system is to increase the Medicare tax for those that earn more… Read More
The AFL-CIO, in concert with some Congressional leaders, has proposed yet another tax hike to fund Washington’s ongoing explosion of spending. This latest collaboration between… Read More
The budget shortfalls, plunging revenue, and economic woes plaguing near-broke California could foretell the future of other cash-strapped states. A new study by The Pew… Read More
Congress will take up debate on the dreaded Death Tax once again in the coming weeks. It will do so because the Death Tax expires… Read More
Lawrence Summers, the Director of the White House National Economic Commission recently committed an unpardonable sin – he revealed two unpleasant truths in a single… Read More
While Frank Sinatra wanted to wake up in a city that doesn’t sleep, today’s New Yorkers are looking to live in states where taxes aren’t… Read More
It is all too common for members of Congress to recognize the problem with entitlement spending, talk about it, but then decide to kick the… Read More
Just in time for Halloween, Speaker Nancy Pelosi (D-CA) and House Democrats gave birth to a giant, 1,990-page spawn of health care reform, lovingly titled… Read More
