TAX POLITIX
The Politics of Taxes
Obama on Ryan’s Plan in 2010: “Medicare and Medicaid Massive Problems”
Here's what Obama said about Ryan's proposal in 2010. h/t to Washington Free Beacon. "I've read it. I can tell you what's in it. There are some ideas I agree with, and there are some that we should have a healthy debate about because I don't agree with. The major drivers of our long-term liabilities as everyone knows are Medicare and Medicaid, and health care spending. And: Social Security we can probably fix the same way Ronald Reagan and Tip O'Neil sat down together...that's manageable....
1200 Days without a Budget
Saturday, August 11, 2012 marks 1200 days without a budget. Here's some sobering facts to join it: The last time the Senate passed a budget was on April 29, 2009. The Outstanding Public Debt as of 11 Aug 2012 at 12:38:57 AM GMT is: $15,920,131,113,709.46 The estimated population of the United States is 313,295,427, so each citizen's share of this debt is $50,815.08 Obama’s $3.6 trillion budget proposal was defeated this year in the House of Representatives by a vote of 414-0. Obama’s FY2012...
Excepts of Paul Ryan’s Speech Being Delivered Today
PAUL RYAN EXCERPTS (from Mitt Romney's team) Mitt Romney is a leader with the skills, the background and the character that our country needs at a crucial time in its history. Following four years of failed leadership, the hopes of our country, which have inspired the world, are growing dim; and they need someone to revive them. Governor Romney is the man for this moment; and he and I share one commitment: we will restore the dreams and greatness of this country. … For the last 14 years, I...
Romney/Ryan 2012
Romney/Ryan -- it's official! A great pick to hammer home the economy and tax reform, and Ryan is one of the few in Congress to have presented a detailed plan to get us back on track in America. Let's start with the fact that we are now officially 1200 days without a budget. More: John Fund: Smart Dems Should Be Worried In the House, Ryan only missed 11 votes during his first term. 5 Notable Points about Paul Ryan Selection Why Romney Made the Pick Ryan Rocks It Paul Ryan dismantles Obama and...
10 Reasons Why Governor Bob McDonnell is the VP Pick
UPDATE 8/11: It's Official -- Romney/Ryan. At least I came close with the Virginia angle yesterday long before the VP site and time announcement was made. I'll take that. And I'll take a Romney/Ryan ticket. Governor Bob McDonnell of Virginia is Romney's VP pick. You heard it here first! Here's my Top 10 List why: The contest to meet Mitt and his VP ends at 23:59 on August 10. Romney will be in Virginia with McDonnell on Saturday, August 11 Romney needs Virginia to win, and Virginia also has a...
Making “You Didn’t Build That” Come True
Here's Obama's latest economic plan: making sure his infamous speech -- "You Didn't Build That" -- comes true. Obama announces that he wants to bailout all the industries. Let's hand them over to the government! “I said, I believe in American workers, I believe in this American industry, and now the American auto industry has come roaring back,” he said. “Now I want to do the same thing with manufacturing jobs, not just in the auto industry, but in every industry.
“Les Riches” to Become “Les Miserables”
The new Socialist President, Francois Hollande, announced the latest "get rich quick" scheme for France: impose a 75 percent tax on the portion of anyone’s income above a million euros ($1.24 million) a year. Under the guise of Patriotism, Hollande is seeking that the rich “pay extra tax to get the country back on its feet again.” Parliament will consider the initiative next month as a means to improve France's finances as the Euro crisis rages on in Europe. Unfortunately, this should come as...
Obama’s Campaign Spending Mimics his Administration Spending
The NY Times is reporting the following tidbits about Obama's campaign : 1) President Obama has spent more campaign cash more quickly than any incumbent in recent history 2) The price tag: about $400 million from the beginning of last year to June 30 this year, according to a New York Times analysis of Federal Election Commission records, including $86 million on advertising. 3) With less than a month to go before the national party conventions begin, the president’s once commanding cash...
More “Fair Share” Blame Game
After being caught by surprise on Tuesday at a press conference, Jay Carney admitted he did not know that Ohio military base -- to which President Obama would be flying and landing -- on August 1, would be closed due to defense cuts. So how does the Obama crowd spin cover this gaffe? Well, they whip out their "blame the GOP" and "blame the wealthy" playbooks, of course! (AKA "paying their fair share") “What is holding us up right now is the Republican refusal to have the top two percent [of...
Class-ifying Millionaires and Billionaires
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