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  • The Rangel Surtax

    House Ways and Means Chairman Charlie Rangel announced that a surtax on individuals and families above a certain income level would be used to pay for health care reform. The surtax is 1% for joint filers over $350,000, 1.5% for joint filers over $500,000 and 5.4% for joint filers with … More

    A Third Stimulus? Repeating Mistakes Only Creates New Mistakes

    Panic seems to be setting in among some Democrats as the economy continues to falter. Important political leaders, such as Majority Leader Stenny Hoyer (D-MD), and economic commentators, such as Laura D’Andrea Tyson, unofficial economic advisor the President, are calling for yet another stimulus bill. Already we have had two … More

    About that $318 Billion Tax Hike

    According to the Washington Post, President Obama plans to create a new health care trust fund that will cost $634 billion over ten years. The money for this fund will be generated by a massive tax increase on those earning over $250,000 in income. The Administration estimates that a total … More

    Obama's Tax Plan Takes One Step Forward, Two Steps Back

    In an article in the New York Sun, I praised