President Obama: ‘encouraging’/planning to tax into oblivion start-up businesses.
Never mind the fact that Obama got yoghurt splashed on him last night – that’s just an ongoing hazard of being a politician running for re-election in this country. The real story here is this: the President went to Colorado to, essentially, lie to a bunch of kids about how they can get themselves out of this mess that they’re in. And it is a | Read More »
Barack Obama tries the same failed tactic on ‘stimulus.’
Let me just simplify this for the President’s tired and rather sad proposal on how to pay for his tired and rather sad ‘jobs’ bill: President Barack Obama would pay for his $447 billion jobs plan by ending a series of tax breaks for oil and gas companies, hedge-fund managers and people making more than $200,000, the White House said Monday. In total, Mr. Obama’s | Read More »
Pssst! Maxine Waters (D, CA)!
Just thought I’d let you know: about this? The CBC is trying to help by organizing job fairs across the country. [Congresswoman] Waters also wants to help by putting more pressure on the big banks to help with mortgages. “If they don’t come up with loan modifications and keep people in their homes that they’ve worked so hard for, we’re going to tax them out | Read More »
Gov. Mark Dayton’s (D, MN) budget surrender ceremony.
The formal capitulation took place yesterday, and signals an end to Gov. Dayton’s ill-conceived, ill-timed, and ill-executed attempt to dominate the Minnesota legislature in the same way that predecessor Gov. Tim Pawlenty (R, MN) did during his term in office. The very short version, for those not following along: Minnesota Republican legislators wanted a $34 billion dollar, two-year budget with no new taxes; Dayton wanted | Read More »
Rasmussen: 9% of USA in coma.
I’m frankly impressed that Rasmussen was able to poll them anyway on tax policy. I’ve known for a while that pollsters would dearly love to be able to bypass the brain’s censor circuits and find out what the American voter really thinks; I’m just mildly surprised that research along those lines has paid off so early. Then again, if you’re in a coma you probably | Read More »
WH: Individual mandate now a tax.
Democrats, administration apologists hardest hit. (H/T: Hot Air Headlines) If you are surprised at this… [deep breath] well. You should not be. When Congress required most Americans to obtain health insurance or pay a penalty, Democrats denied that they were creating a new tax. But in court, the Obama administration and its allies now defend the requirement as an exercise of the government’s “power to | Read More »
Steny’s groundwork on raising taxes.
Quick: what does a video like this signify? Yup, it’s a helpful warning that you’re about to be reminded that you shouldn’t believe Democratic politicians when they promise to not raise your taxes.
2008: “I can make a firm pledge. Under my plan, no family making less than $250,000 a year will see any form of tax increase. Not your income tax, not your payroll tax, not your capital gains taxes, not any of your taxes.” 2010 (bolding mine): …since any Social Security plan would probably preserve benefits for those nearing retirement, it would not help the administration | Read More »
California taxpayer raid: “Think of it as a forced, interest-free loan…”
(h/t: Instapundit) California’s come up with another way to ensure that when the state finally crashes, it’s really going to crash: California to withhold a bigger chunk of paychecks The amount goes up 10% on Sunday as Sacramento borrows from taxpayers. Technically, it’s not an income tax increase: You’ll get the money back eventually. Reporting from Los Angeles and Sacramento – Starting Sunday, cash-strapped California | Read More »
Creigh Deeds panics on tax question.
The whole thing is here (and here), but I wanted to highlight this part: Well, that and I wanted to try out my new video editing software. I think that it looks better. Moe Lane Crossposted to Moe Lane.
Even voters in Hollywood notice the tax problem.
Joy McCann (Little Miss Attila) links to John McCann (Write Enough) (must be one of those coincidences) on why there are Tea Parties going on everywhere: Taxes are particularly unfair in Hollywood. You may hardly work for years – ahem! – then sell something for a big score. The government taxes you at the highest rate, as if you’d been sweeping in the long green | Read More »
The difference between ‘libertarian’ and ‘liberal,’ courtesy of Harry Reid.
[Libertarian]: “Voluntary taxation” = You can choose whether or not to participate in the tax system. [Liberal]: “Voluntary taxation” = You calculate and send in your taxes, instead of your employer. And, oh, yes, you don’t have to pay taxes on a house if you don’t want to own one. Watching an example of the former explain the definition to an example of the latter | Read More »
New York Post: Good Heavens, what if Biden *means* all those things he says?
This is going to be tricky to excerpt, so read the whole thing: …yesterday Biden let slip that he and Obama apparently have a sliding scale to determine who’s “super-rich.” [snip] “What we’re saying,” he told a Pennsylvania TV interviewer, “is that [our] tax break doesn’t need to go to people making . . . $1.4 million. It should go to [people] making under $150,000 | Read More »