TAX POLITIX
The Politics of Taxes
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 behind the mass exodus of businesses abroad.
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 and legendary storm deserve help. However, the bill perfectly encapsulates the dysfunction of our Congress. In merely a few short weeks, Congress has managed to figure out how to fritter away a year's worth of revenue that was...
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 the fun speculation to an end . . . The hat is a custom-made replica of the hat depicted in Holbein’s famous portrait of St. Thomas More. It was a gift from the St. Thomas More Society of Richmond, Virginia. We presented it to him...
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 as well as his continuous capacity to undermine the economy. Ask anyone with proficient tax knowledge and he will tell you that the extension of the Bush tax cuts for all would have been an incredibly more powerful stimulus for...
Full Text of Obama’s Statement Against the Debt Ceiling in 2006
From the Government Printing Office *and* the Heritage Foundation, here is the full text of Obama's 2006 speech arguing vehemently against raising the debt ceiling (when Bush was President).
Obama’s Statement Against Raising the Debt Ceiling Limit Disappears From Senate Records
According to National Review Online, in 2006 Obama gave a speech arguing against raising the debt ceiling. But you wouldn't know it from Senate records anymore...
Obama: It’s Okay to Break the Law When It Comes To Submitting a Budget
Free Will and Capitalism
The question of additional taxes on the wealthy is really a liberty and equity issue, impinging on the very entrepreneurial environment that made our country great. At the heart of any monetary decisions should be free will, not a free lunch. Stop and think about it for a minute. In my adult life, in a free country such as ours, it is entirely my judgment as to whether or not I want to work hard and try to earn a lot of money, and/or risk my money via investments. Such choices are made only...
Free Markets & Friedman
This says it all:
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