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    Millionaire Tax Would Punish the Biggest Job Creators

    December 16, 2011 at 3:30 pm

    6 Comments

    Reid091210

    Senate Majority leader Harry Reid (D–NV) drifted off to fairy-tale world this week and dreamed up some statistics as he did. On the floor of the Senate, Reid said the following: Many of our job creators are like unicorns—they’re impossible to find and don’t exist. That’s because only a tiny … More

    Families and Small Businesses to be Taxed to Pay for Health Reform

    July 31, 2009 at 4:59 pm

    18 Comments

    To help pay for its expensive and painfully complex health care bill, Congress plans on burdening families and small businesses earning over $350,000 with a surtax. Ill-conceived “soak the rich” plans devised by Congress tend to inspire a yawn, a sigh, or applause from the vast majority of citizens who … More

    The Rangel Surtax

    July 15, 2009 at 10:28 am

    21 Comments

    House Ways and Means Chairman Charlie Rangel announced that a surtax on individuals and families above a certain income level would be used to pay for health care reform. The surtax is 1% for joint filers over $350,000, 1.5% for joint filers over $500,000 and 5.4% for joint filers with … More

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    The Morning Bell
    Congress Is Trying to Fool You on Immigration

    Congress is trying to fool you. Here’s how they do business. A piece of legislation is going to cost trillions of dollars, but Members of Congress don’t want the public to see that. Instead, they have the Congressional Budget Office (CBO) look at the bill for just the first 10 … More

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