Tax Politics
The Politics of Taxes
The (Mythical) 91% Tax Revenue Booster
There is a persistent idea circulating that the current tax margins are really not all that high when compared to past rates. This line of thought is typically used as justifications that 1) the government deserves more revenue and 2) the wealthy taxpayers can afford...
Regulations: The High Cost of Doing Business
This past week, The Hill reported that the cost of Obama's regulations for his first term were $518 billion, with nearly half of that --$236 billion – coming in the year 2012 alone. Expensive and prohibitive government policies such as these are the driving force...
What the Sandy Bill Really Says About our Congress
As the Senate prepares to pass the Sandy Hurricane Relief Act for $50.5 Billion, it's worthwhile to consider this piece of legislation within the bigger picture of looming the fiscal crises. No one will deny that those citizens who were affected by this catastrophic...
Justice Scalia Wears Saint Thomas More Replica Hat to the Inauguration
Did anyone else notice Justice Antonin Scalia's headgear at the inauguration today? Richmond Law Professor Kevin Walsh notes on his blog that "The twitterverse is alive with tweets about Justice Scalia’s headgear for today’s inauguration. At the risk of putting all...
No Obama “Jobs Council” Meetings for the Past Year
Obama continuously tells us he has made jobs a priority. "I will not rest until everyone has a job, a good wage, and benefits." -Barack Obama, July 8, 2010." So how does this assertion square with the revelation that Obama's Jobs Council has not met in a year?
Small Business Lies
Obama wanted to let the Bush tax cuts expire for all. During his push all through election season, he tried to sweeten the deal with targeted tax breaks for small businesses. But this plan and strategy only clarified Obama's lack of any real world business experience...