Then-House Speaker Nancy Pelosi encouraged us to pass ObamaCare to find out what was in it. Here’s the latest grisly surprise, courtesy of the Associated Press: Millions of people who take advantage of government subsidies to help buy health insurance next year could get stung by surprise tax bills if they don’t accurately project their income. President Barack Obama’s new health care law will offer | Read More »
There is an uncanny irony that has emerged from the bowels of the tax fight – one that is lost in all the banal details of the pitched battle. Democrats have fallen in love with the Bush tax cuts, which they fought so vociferously to block in 2001 and 2003. While the Democrats are demanding that we raise taxes on the rich, they are stridently | Read More »
A couple of weeks back, my boss asked a question that I could not immediately answer: The ethanol tax credit expired on December 31. The price of ethanol should have gone up afterward. Did it? How much has that affected the price of gasoline? I turned to my friends at the American Petroleum Institute for help. Their surprising answer, in part: API declined to answer | Read More »
This is my first post on Red State – I’m looking forward to being a part of this community and I look forward to keeping you informed of the Club’s ongoing activities to defend economic liberty. I want to use my first post to talk about HR 1380. HR 1380, otherwise known as the “NAT GAS Act”, is bipartisan legislation (sponsored by 105 Democrats, 83 | Read More »
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