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  • Bush Tax Cuts

    Morning Bell: Taxes to Rise on Most American Workers

    Representative Nancy Pelosi (D-CA) called it “a happy start to a new year.” That probably tells you all you need to know about the fiscal cliff deal that passed the House last night. The bill—which President Obama has promised to sign, though he took off for Hawaii again after the … More

    Obama Tax Hike on Small Business Would Chill Hiring

    “Would raising taxes on the wealthiest Americans have a chilling effect on hiring in this country?” When asked this question by Today’s Matt Lauer, Warren Buffett confidently answered, “No.” How could this be, when the tax hikes desired by President Obama would fall directly on some of America’s most successful … More

    Chart of the Week: Taxes Soaring Past Highest Level Ever

    Americans are facing an unprecedented $494 billion tax hike on Jan. 1, 2013. It’s been dubbed “Taxmageddon” given the economic devastation it would cause. Conventional wisdom suggests lawmakers in Washington will wait until the 11th hour to come up with a solution. Fortunately, Speaker John Boehner (R-OH) announced last week … More

    Why Bush Isn’t Responsible for Today’s Debt Crisis

    We get it, the last thing President Obama wants is to be blamed for is the nation’s growing debt—or anything else, actually. But the statute of limitations on blaming President George W. Bush for everything—anything—must have run out by now.  On the debt in particular, it’s sort of a hard … More

    Morning Bell: Beware the Taxmageddon

    Brace yourself. In a mere 271 days, you and your fellow Americans will be hit with a tax hike the likes of which this country has never seen. The Washington Post aptly called the unprecedented $494 billion tax hike “Taxmageddon,” and Federal Reserve Chairman Ben Bernanke described it as a “massive fiscal … More

    Fact-Checking President Obama on "Trickle-Down" Economics

    In a recent speech in Kansas, President Obama launched a diatribe against “trickle-down” economic policies. Not only did President Obama mischaracterize conservative tax policy, but facts rebut his claim that these policies have been a failure. The President began by invoking his understanding of conservative economic philosophy: “If the winners … More

    Heritage Radio - Sunday, August 7, 2011

    Tune in here at noon ET on Sunday to listen to Heritage Radio. Topics will include the new job numbers, the economy, and a discussion with Heritage expert James Gattuso on the increasing number of government regulations. We will also be answering a number of member questions on air including: When … More

    Sen. Gillibrand Accidentally Makes the Case for Bush Tax Rates

    Sen. Kirsten Gillibrand, D-NY, is determined to convince Americans that the Bush-era tax rates have directly resulted in job losses for New Yorkers. To that end, she recently published a series of bullet points purporting to show the effect of those tax rates on employment in nine regions of New … More

    Chart of the Week: Tax Burden Is Rising to Highest Level in History

    President Obama will meet with congressional leaders tomorrow to resume talks on the debt limit. The rare Sunday meeting between top Republicans and Democrats could signal the start of “hard bargaining” after Thursday’s debt talks left the parties far apart. While Democrats want tax increases on the table in debt negotiations, Republicans … More

    Morning Bell: The Truth About Tax Cuts

    All you are likely to hear about low tax rates from liberals and their echo chamber in the media is that they don’t work—that they fail to gin up economic or job growth. Exhibit A for this preposterous proposition is the