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    Dead Men Pay No Taxes

    As the Congress prepares to address the death tax in the waning weeks of December, one argument undergirds the primary defense the tax. The argument is the tax is needed for “fairness”, to impose an adequate level of taxation on the rich. Of all the arguments in tax policy, this … More

    Sacrifice Spending to Pay for the War

    Liberals in Congress and out are calling for a new tax to pay for the war on terrorists in Afghanistan and Iraq. At the same time, rising unemployment and falling political prospects have driven President Obama and friends to fumble for stimulus 2.0, the first $787 billion Obama stimulus having … More

    How Unemployment Taxes and Obama's Stimulus Are Killing Jobs

    The Associated Press reports: Employers already are squeezed by tight credit, rising health care costs, wary consumers and a higher minimum wage. Now, the surging jobless rate is imposing another cost. It’s forcing higher state taxes on companies to pay for unemployment insurance claims. Some employers say the extra costs … More

    Slow Job Creation, Not Job Losses, Driving Unemployment

    Unemployment has risen above 10 percent and no one in Washington seems to understand what is going on. Yesterday, a little noticed release from the Bureau of Labor Statistics (BLS) shed important light onto the job situation. The BLS’s Business Employment Dynamics (BED) program uses unemployment insurance (UI) records to … More

    The Senate Health Bill: Higher Taxes from Harry Reid

    In order to pay for a massive health care bill (H.R. 3590), Majority Leader Harry Reid (D-NV) creates a host of new taxes. These taxes will total $370.2 billion in the next ten years, and many of the taxes will start being collected in 2010, even as the economy continues … More

    The Senate Health Bill: Bad for Small Business

    The Reid health bill (H.R. 3590) leaves small businesses, and particularly small business owners, largely out of the picture. Small businesses, and particularly small businesses that currently do not offer health insurance coverage, will not get much break from this bill. Reid’s bill outlines a “small business tax credit”, which … More

    The Senate Health Bill: How the Mandates Kill Jobs and Punish Poor Workers

    Last night, Senate Majority Leader Harry Reid released his giant version of the Senate health care bill, H.R. 3590. A first look at the bill – which is 2,074 pages long – shows yet another attempt to use taxes to punish uninsured Americans and punish companies that hire workers from … More

    The Five Flaws of the Reid Health Bill

    We’re still poring over Majority Leader Harry Reid’s (D-NV) just released health care overhaul, but the major outlines of the bill are no different than the policy train wreck the House passed earlier this month. The five major flaws of both the Pelosi and Reid Bills are: 1. A New … More

    Morning Bell: The Fake Jobs of Obama's Failed Stimulus

    Forget everything bad you’ve ever heard about President Barack Obama’s $787 billion economic stimulus. Combing through the data on the $18 million Recovery.gov website, you’ll find tons of Obama stimulus success stories from across the country. In Minnesota’s 57th Congressional District, 35 jobs have been saved or created using $404,340 in … More

    Is Secretary Duncan Using Stimulus Cash As A Slush Fund?

    Great catch by Frederick Hess at The Enterprise Blog: Was it just me, or did anyone else find it troubling to read the Washington Post story “Democrats round up health bill votes” on Saturday and stumble upon this sentence: “Rep. Jason Altmire, a second-term Democrat who represents a blue-collar district … More