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    Looming Tax Hikes Preventing Economic Recovery

    January 4, 2010 at 5:24 pm

    12 Comments

    The danger of higher taxes in the future is thwarting economic recovery today. Businesses make investment and hiring decisions based on their expectations of future profitability. If they expect to be more profitable in the future they will hire. If they do not they hold back on expansion. They base … More

    Death Tax Dies Tonight

    December 31, 2009 at 11:26 am

    5 Comments

    The death tax will expire tonight as soon as the ball drops and 2010 officially begins. This is good news for the businesses and families the tax plagues. Unfortunately, this triumph may be short-lived as Congressional leaders have pledged to revive the death tax in the new year and make … More

    Tax Extenders: Excuse for Congress to Raise Taxes

    December 8, 2009 at 1:41 pm

    2 Comments

    The U.S. House of Representatives will likely vote tomorrow to continue about 50 expiring tax incentives known as “tax extenders.” It must do so each year to prevent significant tax increases for some taxpayers. This year, however, the House will likely pass increases in other taxes to offset the supposed … More

    Stock Transaction Tax: Yet another Tax Increase

    December 4, 2009 at 4:57 pm

    16 Comments

    Congress is discussing yet another tax increase. This one would be a tax on stock transactions and could fund a new jobs bill since it has become apparent to everyone that the stimulus failed to create any jobs on net. This was underscored again when the Labor Department reported Friday … More

    Morning Bell: The Road to Recovery Begins with the End of Obamacare

    December 3, 2009 at 9:08 am

    32 Comments

    When President Barack Obama was trying to sell his $787 billion economic stimulus plan to the American people, there was no louder cheerleader for the plan than Mark Zandi of Moody’s Economy.com. Zandi confidently produced scientific tables purporting to prove that for every $1 the Obama administration gave to states, … More

    Video: Estate Tax a Killer for Family-owned Businesses – Part 2

    December 2, 2009 at 11:33 am

    8 Comments

    The U.S. House of Representatives will vote this week on a bill that would permanently extend the estate tax (known better as the death tax) at its current rate and exemption level. This extension would prevent the death tax from expiring as scheduled on January 1, 2010. As such it … More

    Video: Estate Tax Increase a Killer for Family-owned Businesses

    December 1, 2009 at 11:15 am

    9 Comments

    The U.S. House of Representatives will vote this week on a bill that would permanently extend the estate tax (known better as the death tax) at its current rate and exemption level. This extension would prevent the death tax from expiring as scheduled on January 1, 2010. As such it … More

    Morning Bell: Big Labor Is Bankrupting Our Country

    November 13, 2009 at 10:06 am

    52 Comments

    Last month when the White House released its visitor log for the first six months of the Obama presidency, one name appeared far more often than any other: Service Employee International Union (SEIU) President Andrew Stern. Stern has every right to expect to be welcome in the Obama White House. … More

    Morning Bell: The Obama Fiscal Responsibility Farce Continues

    July 29, 2009 at 9:17 am

    41 Comments

    The federal government is estimated to run a 2009 budget deficit of $1.845 trillion. While it is true that President George W. Bush handed President Barack Obama a $1,186 billion deficit for the year, Obama has only added to that total to the tune of $659 billion. Worse, President Obama’s … More

    Morning Bell: Obama’s Job Killing Tax Plan

    May 8, 2009 at 9:03 am

    46 Comments

    First the good news: earlier this week President Barack Obama admitted that high taxes kill jobs. Now the bad news: he wants to raise taxes on U.S. companies anyway. Pitching his new tax reform plan Monday President Obama said that our tax code “says you should pay lower taxes if … More

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    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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