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    The Obama Car Tax

    I can make a firm pledge. Under my plan, no family making less than $250,000 a year will see any form of tax increase. Not your income tax, not your payroll tax, not your capital gains taxes, not any of your taxes. – then-candidate Barack Obama, 9/12/2008. A senior administration … More

    Obama’s Tax Hikes Already Hurting the Poor

    Under my plan, no family making less than $250,000 a year will see any form of tax increase. Not your income tax, not your payroll tax, not your capital gains taxes, not any of your taxes. – then-candidate Barack Obama, 9/12/2008. President Obama has signed a bill extending health coverage … More

    Obama Spending Trends Charted

    So, would President Obama’s budget plan really increase deficit spending much more than other modern presidents? Well, yeah, to the tune of seven times more, measured as a percentage of economic output, than under President Kennedy over 45 years ago — as you can see in  this chart. It’s one … More

    Whoopi Finally Gets It

    Now, if only she can convince President Obama to stop proposing even more new taxes, like today’s Soda Tax, yesterday’s Estate Tax hike proposal or the grandaddy of them all, the Global Warming Tax. [youtube]http://www.youtube.com/watch?v=uDd1zmKu64U[/youtube]

    Morning Bell: Obama Trek: The Search for More Money

    Yesterday, in what President Barack Obama described as a “watershed event”, the health care industry promised to cut $2 trillion in costs over 10 years by implementing such measures as the use of health information technology, care coordination, disease management, and “evidence based” medicine. If you feel as though you’ve … More

    Morning Bell: Obama’s Job Killing Tax Plan

    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

    USA Today Misses the Point of Tea Party Protesters

    Two days after Tax Day, April 17, USA Today ran an editorial—Tax rhetoric vs. realtiy—that said the Tea Party protesters had nothing to be mad at because taxes are not that high. Here is snippet: Quick now: How big a bite do federal income taxes take out of the average … More

    Morning Bell: The End of Federalism

    Addressing Congress on the State of the Union, President Ronald Reagan told the American people in 1982: Our citizens feel they’ve lost control of even the most basic decisions made about the essential services of government, such as schools, welfare, roads, and even garbage collection. And they’re right. A maze … More

    The Tax Punisher

    President Obama’s new corporate tax proposals cover two issues: tax evasion and tax punishment. He may have it half right. The tax evasion part is relatively easy. When U.S. taxpayers maintain foreign accounts with foreign financial institutions, Obama wants the financial institution to tell the Treasury about the accounts in … More

    100 Days With a Hole In Your Pocket

    It Must Grow on Trees The Stimulus Bill: In his first 100 days, President Obama signed a $787 billion “stimulus” bill that with interest totals $1.1 trillion in new spending. At no time during these 100 days did anyone on Capitol Hill read the entire bill, despite its rapid of … More