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    'Meet The Press' Addresses Tax Hikes

    [youtube]http://www.youtube.com/watch?v=faOE3aWyTIg[/youtube]Yesterday, on Meet The Press, David Gregory introduced a roundtable conversation on President Obama’s plans to raise taxes, by quoting Brian Riedl of the Heritage Foundation. Brian’s research shows that the top 20 percent of taxpayers currently pay more than 80 percent of all taxes collected. And 40 percent of … More

    Almost Mythical

    In an exhaustive profile piece on former Speaker Newt Gingrich this weekend, the New York Times Magazine had some very nice, even gushing, words for Heritage.  We always appreciate new friends! And several blocks from the Capitol stands the beast of them all, the almost mythical Heritage Foundation, with its … More

    Will the Poor Pay for Health Care Reform?

    Peter Orszag, Director of the Office of Management and Budget for President Obama, responded Friday to critics of the administration’s proposal to reduce the amount of charitable contributions that high-income taxpayers can deduct. Many tax analysts, including this writer, argued that such a reduction would deplete much needed resources from … More

    Obama's Tax Hikes: "De-motivating and Demoralizing"

    ABC News has a great story on how upper-income taxpayers are already planning to cut back work to avoid President Barack Obama’s inevitable tax hike: A 63-year-old attorney based in Lafayette, La., who asked not to be named, told ABCNews.com that she plans to cut back on her business to … More

    Morning Bell: The Obama Tax and Spend Economy is Here

    Yesterday,  just days after President Barack Obama signed his economic stimulus measure, the White House released a statement claiming credit for the reopening of a window and door factory in Chicago. Vice President Joe Biden said, “The reopening of this factory and the rehiring of these workers provide an excellent … More

    Buy the Rumor, Sell the News

    Americans have long viewed the Dow Jones as an index of measure when it came to the general economy. While it is by no means a perfect measure of the economy, it sits in its own highlighted box on all of the major news channels for a reason. Because Americans assess … More

    President Obama Takes the Middle Road on Iraq Troop Drawdown

    Today President Barack Obama unveiled his Iraq policy in a speech at Camp Lejeune, North Carolina. He announced that he will pull out U.S. combat forces by the end of August 2010, but will retain a “transitional force” of 35,000 to 50,000 personnel (compared to the 142,000 there now) that … More

    Teamsters and Congress Deliver Costly Protectionism

    Fears that pro-Teamster protectionists in Congress would seek to kill the U.S. Department of Transportation’s “Cross Border Demonstration Project”, that has allowed a carefully selected group of Mexican trucking operators full access to the U.S. road network have been realized. The Supplemental FY 2009 Omnibus spending bill (aka “Porkulus II”) … More

    A Ray of Hope for the British Armed Forces

    There’s not been a lot of good news for, or about, the British armed forces recently. When the Economist asked, in its Jan. 29, 2009 issue, if the Army was losing its way, the story’s lead summed up their answer: “The British army suffers from lack of soldiers, lack of … More

    Obama Tax Proposals: Danger Ahead for Charities and Civil Society

    Here’s a test: Guess who made most of the charitable contributions in 2006, according to the most recent data available from the Internal Revenue Service? If you guessed “taxpayers with high incomes”, you’d win the prize. Now, guess which class of taxpayers the Obama administration wants to discourage from making … More