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 …
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 …
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 …
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 …
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 …
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, …
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 …
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 …