Tax Politics
The Politics of Taxes
He Was Against It Before He Was For It
Over at the Weekly Standard, Stephen Hayes gives a cogent summary of Obama's flip-flopping on raising taxes during a recession. When pushing for his stimulus package in 2009 and again on his bipartisan relief effort in December 2010, Obama stated that raising taxes...
Obama’s Businesses and Unfriendly Policies
The current assertion that we are in a recession because the wealthy companies haven't put money back into the system is just plain wrong. But even our president is peddling this idea. Last month, Obama chided businesses to hire more workers. Specifically, he said "it...
Obama’s Businesses and Wealth Redistribution
It is truly embarrassing for the businessmen in this country to have a president who makes such economically incompetent statements and gestures. Speaking to the U.S. Chamber of Commerce a couple of months ago, our president effectively rebuked business success. He...
Crains: Wall Street Bank Bailout
How come this bank gets propped up, but others don't? Crain's New York has the news here: Wall Street bails out Carver Federal with fat check The Harlem bank raises $55 million from an investment group that includes titans Goldman Sachs Group Inc and Morgan Stanley;...
Private Option In Government
During the health care debates last year, there had been much talk and support on the Left for the concept of a “public option” in the bill. The rationale behind this, according to the federal government, was that there is not a sufficient free market for health...
Debt Ceiling Consequences
As citizens have the capacity to invest, so do small businesses, the backbone of our country. Yet the proposal to raise the debt ceiling will only continue the weaken our already fragile business climate. More economic uncertainty is looming and capital...