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    • Looming Tax Hikes Preventing Economic Recovery

    January 4, 2010 at 5:24 pm

    12 Comments

    The danger of higher taxes in the future is thwarting economic recovery today. Businesses make investment and hiring decisions based on their expectations of future profitability. If they expect to be more profitable in the future they will hire. If they do not they hold back on expansion. They base … More

    Death Tax Dies Tonight

    December 31, 2009 at 11:26 am

    5 Comments

    The death tax will expire tonight as soon as the ball drops and 2010 officially begins. This is good news for the businesses and families the tax plagues. Unfortunately, this triumph may be short-lived as Congressional leaders have pledged to revive the death tax in the new year and make … More

    Tax Extenders: Excuse for Congress to Raise Taxes

    December 8, 2009 at 1:41 pm

    2 Comments

    The U.S. House of Representatives will likely vote tomorrow to continue about 50 expiring tax incentives known as “tax extenders.” It must do so each year to prevent significant tax increases for some taxpayers. This year, however, the House will likely pass increases in other taxes to offset the supposed … More

    House Votes to Raise Death Tax

    December 4, 2009 at 10:30 am

    10 Comments

    The U.S. House of Representatives voted to permanently extend the death tax at its current 45 percent rate and $3.5 million exemption. This is a significant tax hike since the death tax was supposed to expire on January 1, 2010. The increase of the death tax is a major blow … More

    Video: Estate Tax a Killer for Family-owned Businesses – Part 2

    December 2, 2009 at 11:33 am

    8 Comments

    The U.S. House of Representatives will vote this week on a bill that would permanently extend the estate tax (known better as the death tax) at its current rate and exemption level. This extension would prevent the death tax from expiring as scheduled on January 1, 2010. As such it … More

    Video: Estate Tax Increase a Killer for Family-owned Businesses

    December 1, 2009 at 11:15 am

    9 Comments

    The U.S. House of Representatives will vote this week on a bill that would permanently extend the estate tax (known better as the death tax) at its current rate and exemption level. This extension would prevent the death tax from expiring as scheduled on January 1, 2010. As such it … More

    House Votes to Raise Estate Tax this Week

    November 30, 2009 at 3:26 pm

    6 Comments

    The U.S. House of Representative could vote as early as Wednesday of this week to increase the estate tax (known popularly as the death tax). The bill it will consider, sponsored by Rep. Earl Pomeroy (D-North Dakota), would extend permanently the death tax at its current 45 percent rate and … More

    Higher Medicare Tax Latest Proposal to Fund Health Care Takeover

    November 18, 2009 at 3:37 pm

    8 Comments

    The latest proposal to pay for a government takeover of the health care system is to increase the Medicare tax for those that earn more than $250,000 a year. This latest proposed tax hike shows Congress is desperate to find more revenue to pay for its excessively expensive health care … More

    Congress and Big Labor Collaborate to Raise Taxes

    November 18, 2009 at 1:54 pm

    7 Comments

    The AFL-CIO, in concert with some Congressional leaders, has proposed yet another tax hike to fund Washington’s ongoing explosion of spending. This latest collaboration between Big Labor and Big Government would be a 0.25 percent tax on all stock trades. Given the budding deficit pressures another tax hike proposal is … More

    Speaker Pelosi Hints at Massive Tax Hike

    October 6, 2009 at 4:47 pm

    47 Comments

    Speaker Nancy Pelosi joined a growing liberal chorus calling for a massive tax hike through the implementation of a value added tax (VAT). A VAT is similar to a national sales tax. Businesses would pay it at each stage of the production process and consumers at the cash register. European … More

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    The Morning Bell
    Morning Bell: President Obama Is Tired of Fighting Terrorism

    “We shall fight on the beaches, we shall fight on the landing grounds, we shall fight in the fields and in the streets, we shall fight in the hills; we shall never surrender…” These were words President Obama never used during his speech at the National Defense University yesterday. Rather, … More

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