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  • Obama tax hike

    Ernst and Young: Obama’s Tax Increase Would Kill 710,000 Jobs

    A new study conducted by Ernst and Young proves conclusively that the President’s tax increase would be devastating to the economy and jobs. The study finds that, if Congress misguidedly adopted President Obama’s plan to raise taxes on job creators by allowing the Bush-era tax policies to expire for incomes … More

    Liberal Think Tank Fails Statistics

    A chart created by the Center on Budget and Policy Priorities (CBPP) has been circulating among liberal bloggers such as Ezra Klein, James Fallows, and Andrew Sullivan. The chart, seen to the right, purports to show that the next decade’s deficits are entirely the result of the 2001 and 2003 tax … More

    House and Senate Cloakroom: December 5-11, 2010

    House Cloakroom: December 5-11, 2010 Analysis: With the administration in negotiations regarding the extension of tax relief measures from 01/03, a deal could be struck at some point this week and the measure brought to the floor in the House. That being said, there will also be further discussions of … More

    The Futility of Tax Hikes in Pictures

    In light of the impending Obama Tax Hikes, Mercatus Center senior research fellow Veronique de Rugy created the chart to the right illustrating Hauser’s Law which Standford University professor Kurt Hauser recapped in this weekend’s Wall Street Journal: Over the past six decades, tax revenues as a percentage of GDP … More

    Tax Hikes Are Not the Right Path to Reducing the Deficit

    Congress must soon reach a consensus on whether, and on whom, they will raise taxes in 2011. With the economy at the forefront of Americans’ concerns, the effects of raising taxes for any income bracket are a serious matter. Proponents of tax hikes argue that reducing the deficit through increasing … More