
Via a January 3, 2011 National Review Online post by Katrina Trinko: Here are Obama’s thoughts on the debt limit in 2006, when he voted against increasing the ceiling: The fact that we are here today to debate raising America’s debt limit is a sign of leadership failure. It is a sign that the U.S. Government can’t pay its [...]
**Posted by Phineas Get rid of the income tax for both persons and corporations, and replace it with a sales tax. Boom: Gov. Bobby Jindal is proposing to eliminate Louisiana’s income and corporate taxes and pay for those cuts with increased sales taxes, the governor’s office confirmed Thursday. The governor’s office has not yet provided [...]
**Posted by Phineas It was inevitable. Having won a meaningless, crony-rewarding, counterproductive tax increase during troubled economic times that only serves to pander to the class-warfare crowd, the statists and redistributionists in the House, lead by Nancy Pelosi, want more: Pushing back against the Republicans’ deficit-reduction strategy, House Minority Leader Nancy Pelosi (D-Calif.) said this [...]
**Posted by Phineas Consider this: contained within the recent “fiscal cliff” legislation are tax increases to make those evil wealthy people (You know, those job creators who make over $400,000 per year) pay their fair share, to the tune of $620 billion over ten years, so about $62 billion in 2013. But the Washington Examiner’s [...]
While our celebrity President has gone back on sunny vacation after spending the bare minimum time in DC to demagogue the opposition party regarding the fiscal cliff “crisis”, I thought it would be a good time here in the new year to note that the “savior” who vowed to “protect the middle class” has done [...]
The Washington Examiner’s Philip Klein on the “good, bad, and ugly” about the fiscal cliff deal that will soon reach the President’s desk to be signed into law: Conservatives believe that higher taxes are a bad thing, that the tax code needs to be dramatically overhauled and that the true driver of long-term debt is [...]
**Posted by Phineas I mean, it’s an all too rare occurrence when a news anchor actually challenges the Democrat script, but when it’s done before a cheering audience, that makes it extra special: “That’s all you want to do. That’s it. It’s your way or the highway. Raise the rates on the rich. No other way. [...]
**Posted by Phineas Question for Senators Franken, Schumer, Kohl, et al.: If the medical device tax in ObamaCare is such a job killer that even you clowns tried to water it down (opponents of Obamacare were against it altogether), why in God’s name did you vote for it? Why didn’t you use the clout just one of [...]
Ok, so I’m officially depressed now after seeing this. I knew it was really bad, but seriously underestimated the level. Most Republicans understand this and know tough choices need to be made. Nearly all Democrats, on the other hand, think most entitlements should remain untouched and that instead we should just gut the defense budget. [...]
**Posted by Phineas It’s okay. It’s all in the name of fairness: California residents already contend with one of the most progressive tax codes in the country. Not only does California have high marginal rates, those high rates kick in at relatively modest income levels. California’s middle class residents earning $48,000 a year, for example, [...]