• The Heritage Network
    • Resize:
    • A
    • A
    • A
  • Donate
  • taxes

    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

    Morning Bell: Obama's Desperate Times and Desperate Measures

    Faced with predictions of staggering losses for his party in November’s midterm elections, President Barack Obama today appeared on ABC’s “Good Morning America” and said, “If the election is a referendum on ‘are people satisfied about the economy as it currently is,’ then we’re not going to do well, because … More

    Government Strangles High-Tech Growth

    The CEO of Intel has joined the ranks of those labeling big government as the cause of our economic slump, not the solution. Paul Otellini says it already costs Intel an extra billion dollars to build a microchip plant in the U.S., rather than overseas.  In his illustration, it’s an … More

    Slicing the Bagel Reveals VAT Flaws

    Washington think tanks and commentators continue to spin out impressive reams attempting to explain the necessity and virtues of adding a value-added tax (VAT) on top of all the taxes the federal government already collects. The fiscal policy problem is real enough—thanks to the Obama spending surge, federal budget deficits … More

    Whether Taxpayers Face Tax Hikes or Tax Cuts in January is A Matter of Perspective

    Unless Congress and the President intervene legislatively, federal income taxes will soar on January 1, 2011 for millions of middle- and upper-income Americans. Tax relief enacted in 2001 and 2003 is set to expire. Whose money is this? Is it the taxpayer’s money taken by government, or government’s money left … More

    The Back-to-School Supply Tax

    Many states offer “tax holidays” for shoppers during the back-to-school season, but families everywhere still pay extra at the checkout counter due to hidden import taxes that increase the price of everything from sneakers to baseball caps.  We have produced a graphic to help you visualize those import tax rates … More

    A Bipartisan Vote on the Obamacare Road to Repeal

    Tucked away in the legislation that made Obamacare into law is a tax provision that will be a compliance nightmare for small businesses if it ever goes into effect. The provision calls for all businesses to file 1099 forms with the IRS for all transactions with other businesses over $600. … More

    What Boehner Should Have Told Gregory

    The mainstream media is having a field day with House Minority Leader John Boehner’s (R–OH) less-than-stellar handling of a simple “when did you stop beating your wife” question posed by NBC’s David Gregory on Sunday’s Meet the Press. Gregory repeatedly badgered Boehner about how he could square the Republicans’ newfound … More

    The Bill With No Name

    This Congress has broken a lot of ground, but for all the wrong reasons. Now it has another ridiculous notch to add to its belt: Congress is poised to pass a major piece of legislation without bothering to give it a name. To recap, Speaker Nancy Pelosi (D-CA) told us … More

    Morning Bell: Blaming Bush Doesn't Create Jobs

    In January 2009 after it became clear that the leftist majority in Congress would pass President Barack Obama’s $862 billion economic stimulus bill without a single vote from a Republican, Speaker Nancy Pelosi (D-CA) defended her partisan approach, telling Politico: “Yes, we wrote the bill. Yes, we won the election.” … More