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  • obama tax hikes

    Max Baucus Clears One Hurdle on Dividends Tax Rate—Where’s Harry?

    For the second time in a week, Senate Finance Committee Chairman Max Baucus (D–MT) has called for the suspension of pay-as-you-go (PAYGO) budget rules to pass necessary and vital tax policies. First, Baucus suggested waiving PAYGO as it pertains to the death tax. Now he’s calling for the Senate to … More

    Chat on the Obama Tax Hikes

    Obama Tax Hikes Chat with Bill Beach

    Marcus Makes the Case for ... Lower Tax Rates on Small Businesses

    Ruth Marcus tried her best yesterday to undercut the argument that tax cuts hurt the economy’s main job creators — small businesses. But once you straighten out the curves of her case, you find a highway leading directly to the opposite conclusion. It turns out she actually reinforces the point … More

    Greenspan’s Latest Mistake: Tax Hikes

    The recent global financial panic and recession had many authors. Millions of individuals and businesses made bad decisions about investing and debt. Scores of big shots like Dick Fuld, former CEO of now defunct Lehman Brothers, gambled big and lost bigger. And then there were those few who were in … More

    Tax Hikers Senselessly Stuck on Saving

    Tax-hike advocates have erected yet another straw man to protect their high-tax policy, now arguing that little economic harm would be done if Congress and the president were to raise taxes on higher earners because these high-tax sufferers would have saved the money anyway. Yet the issue is not saving … More

    Sophie's Choice - and Washington's

    Would you vote to cut taxes only for the middle class, if that were your only choice? The furor over the answer from House Republican Leader John Boehner (R–OH) obscures the fact that it’s a tough question—one for which all politicians should have a response ready before it’s asked. Reporters … More

    Tax Hike Prevention: A Good Idea

    Senators Mitch McConnell (R–KY) and Chuck Grassley (R–IA) have introduced legislation titled the Tax Hike Prevention Act. According to information provided with the release of the legislation, it provides for a “permanent extension of the provisions of the 2001 and 2003 tax bills, permanently patches the AMT [Alternative Minimum Tax] … More

    Obama Tax Hikes Already Hindering Job Growth

    Without action from Congress, the Obama tax hikes are set to take effect January 1, 2011. However, this doesn’t mean businesses are waiting until then to prepare for the potential impact. In fact, the uncertainty surrounding the tax increases is already holding back potential job growth. Today’s Wall Street Journal … More

    Obama Opts for Politics Over Jobs, The Times Joins In

    Today’s New York Times editorial on President Obama’s Cleveland political diatribe-cum-economic speech got one point right — Obama “took too long to engage this debate.” The rest of the editorial was little more than an epilogue to Obama’s political speech. One can see why the Times would avoid talking about the economic … More

    Debunking Orszag's Tax Hike Myths

    Former White House Office of Management and Budget Peter Orszag may have left the Obama administration this past July, but The New York Times has made sure his opinions won’t fall into obscurity. He is now a Contributing Columnist for the NYT op-ed page and his first effort is a … More