The New Obama Tax Plan

    Obama will raise: the top two individual income tax rates by 25%; Phase out personal exemptions and all itemized deductions; the capital gains tax rate by 33%; the tax rate on dividends by 33%; the top payroll tax rate from 16% to 32%; a new payroll tax on employers of 7%; reinstate the death tax rate of 45%; the corporate tax burden by another 25%. | Read More »


    The way I was raised, you were only entitled to what you worked for. In the old days, you were lucky to finish high school and get a job that would pay you a pension 20 or 30 years later. Today, many young adults have the opportunity to go to college and many of them throw it away by partying until they pass out. If | Read More »

    The Age of Entitlements and MOAB

    It’s true. Like Metallica said, “Sad but true.” MOAB (Mother of All Bailouts) is only the first modern step towards economic fascism/socialism, notwithstanding the foundation of the New Deal and its blueprint for government interventionism. How have we come to this? How have we abandoned personal responsibility in favor of the nanny state and its promises of economic security? Fear is a strong emotion and | Read More »

    Senator Reid Offers Excuses Not Solutions

    When Senate Majority Leader Harry Reid introduced a massive and unprecedented $10 billion omnibus spending bill this week comprised of about 35 of the 200 bills I have declined to help pass without debate this Congress, he argued his effort would end my “unprecedented obstruction” and advance the priorities not of politicians seeking reelection but the American people. What the Majority Leader’s tactics are more | Read More »

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