Let’s Put the Fiscal Cliff Tax Hike in Perspective, Shall We?
Spending cuts? We don’t need no stinking spending cuts. via ZeroHedge
Small Businesses and Economists Agree: Higher Taxes is a Bad Idea
With President Obama intent on raising taxes on anyone making $250,000, it seems certain that a lot of small businesses will be impacted. A Chamber of Commerce survey confirms this: A survey of U.S. Chamber small business members found that impending tax increases will slow hiring and stall business investment and expansion: Is the impending [...]
Wait – I Thought Obama Had a “Mandate” to Raise Taxes?
I guess he does, if 41% of the people who voted for HIM say so. Another 41% say it ought to be done with spending cuts and taxes. The coalition of voters that gave President Barack Obama a second term splits over how to reduce the deficit, according to a poll released Monday. A survey [...]
The Obama Administration Should Get a Clue from England about Raising Taxes on the Rich
UPDATE: Here’s an example of the kind of evasive behaviors folks will engage in when faced with the prospect of higher taxes: Costco to Pay Special $3 Billion Dividend. This will allow holders of Costco stock to pay the 15% dividend tax rate before it goes up next year (nearly double for some brackets). People [...]
Tax the Rich! Make ‘em Pay Their Fair Share! The Numbers Don’t Add Up
President Obama (*DfOaLG) responded last week to the GOP’s Path to Prosperity budget plan with a plan of his own. Obama’s plan would make some “adjustments” in Medicare and Medicaid, and would basically wallop the “rich” with some more taxes to help cover the difference. Get that? Don’t really do anything on the spending side [...]
O.M.G. Is it Possible for Michael Moore to Be this Colossally Ignorant?
Yes, I guess it is. Michael Moore bloviates on how all that cash that rich people and corporations have is really “collectively a resource for all Americans…and we need to start taxing them at the ‘appropriate’ rates” so it’s spread out a little more evenly. Wait – haven’t I heard that “spread the wealth around” [...]
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