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    Washington Post Misses on Romney Tax Plan and Step-Up Basis

    The debate about former Governor Mitt Romney’s (R-MA) tax plan has reached a fevered pitch. In fact, The Washington Post published two articles (here and here) about it. The second repeated the confusion surrounding a poorly understood policy known as “step-up.” Recently, I weighed in to correct the false statement … More

    Romney’s Tax Plan Doesn’t Have to Raise Taxes on the Middle Class

    The Tax Policy Center (TPC) made headlines with its analysis of Governor Mitt Romney’s tax reform plan. The authors of the TPC report found, incorrectly as it turns out, that Romney’s plan would “necessitate” a tax increase on middle- and low-income taxpayers. Their conclusion is wrong and the report flawed … More

    Obama Ducks Responsibility for Washington’s Spending Binge

    In a recent “60 Minutes” interview, host Steve Kroft primed President Obama with this statement: “Most Americans think we’re spending too much money.” To which Obama uttered a contemplative “Mm-hm.” An understatement, indeed. The nonpartisan Congressional Budget Office estimates that federal spending will reach $3.56 trillion, or about 23 percent … More

    FACT CHECK: Obama Misleads on Medicare, Taxes, and Regulations

    During a Sunday evening interview on CBS’s “60 Minutes,” President Obama made numerous factually inaccurate or misleading claims. Specifically, Obama claimed that he has not raised Americans’ taxes, that he has not raised costs for Medicare beneficiaries, and that he has imposed fewer regulations than his predecessor. The first two … More

    More Middle-Class Americans Hit by Obamacare Tax

    Yesterday, the Congressional Budget Office (CBO) released a new report that determined that even more Americans than previously estimated will be hit with Obamacare’s ever-controversial individual mandate tax, totaling 6 million by 2016. Of the 30 million Americans whom Obamacare leaves uninsured and without affordable insurance options, 6 million will … More

    Morning Bell: Government Dependency Rises As Number of Taxpayers Declines

    The leak of a video featuring former Governor Mitt Romney (R-MA) has sparked debate about government dependency and the number of people in the United States who do not pay federal income tax. In the video, Romney refers to “47 percent” of Americans and says that they are “dependent upon … More

    Congressional Research Service Wrongly Implies Lower Tax Rates Don’t Strengthen Economy

    The Congressional Research Service (CRS) set out to make a convincing case that lower income tax rates do not strengthen the economy. It failed, but in so doing, it called into question the quality of CRS analysis and the institution’s credibility as non-partisan. The CRS is supposed to provide expert, … More

    WATCH LIVE: House Conservatives Answer Your Questions

    House conservatives will gather this morning to take your questions about taxes, the Farm Bill, an expected continuing resolution and a range of other issues facing Congress this fall, including the lame duck agenda. It’s your opportunity to be heard on Capitol Hill. Discussion will not be limited to these … More

    Morning Bell: Obama’s Dismal Jobs Record

    The unemployment rate is now 8.1 percent, marking 43 months straight that it has stayed at 8 percent or above. At least 12.5 million Americans are out of work. Yet President Obama has been trying to convince people that he’s a job-creating President. Have 4.5 million new jobs been created … More

    Morning Bell: We Can Change America’s Course

    Entering the final stretch of the presidential contest, Americans are facing a monumental choice. The American people will decide the direction of government and its role in their lives for the coming years. The debate in Tampa this week raised a number of issues, including preserving the American dream of … More