December 8, 2008 at 8:44 am
Throughout his 1992 campaign, then-candidate Bill Clinton promised tax cuts for the middle class. By the time he was sworn into office in 1993, though, Clinton said he would have to “revisit” his tax-cut plan and was “absolutely mystified” that the media had perceived it as a major pledge. A … More
December 3, 2008 at 8:44 am
On Nov. 4, Sen. Saxby Chambliss (R-GA) narrowly outpolled challenger Jim Martin (D), 49% to 46%, triggering a runoff election held yesterday. This time around, Chambliss crushed Martin by a margin of 57% to 43%. Why the difference? The New York Times reports: Many voters interviewed Tuesday said the balance … More
November 14, 2008 at 1:43 pm
Chicago business leaders recently told Mayor Richard Daley that their companies plan massive layoffs throughout the city that will continue into the new year. Certainly, the cost of doing business in Daley’s Empire is partially to blame for the pending pink slips: The Second City’s 10.25% sales tax makes it First in … More
November 3, 2008 at 6:14 pm
In several recent speeches by Sarah Palin, she has cited an analysis of Barack Obama’s tax plan prepared by the Center for Data Analysis (CDA), a research division of The Heritage Foundation. I direct the CDA and posted the new analysis last week. We used a model of the U.S. … More
November 3, 2008 at 3:52 pm
A closer look at the Obama and McCain tax plans for the reveals that it is not just the “rich” taxpayers earning more than $200,000 that would face higher rates under Obama than under McCain’s tax proposal. The reason for this is simple: McCain expands the exemptions families can take … More
November 3, 2008 at 12:08 pm
Last week we documented Barack Obama’s devolving definition of who he considers to be rich. At first it was families making more than $250,000. Then it was those making more than $200,000. Than those making more than $150,000. Now Bill Richardson is telling New Mexico radio listeners only those making … More
October 31, 2008 at 7:43 pm
Barack Obama has spent more money on political advertising than any campaign in history. In the case of his 30-second spot, “Try This,” we’d like the Democrat presidential to try honesty instead. The misleading and false ad suggests The Heritage Foundation supports his tax plan. Nothing could be further from … More
October 31, 2008 at 3:16 pm
A lot of focus has been on how the candidates’ tax plans affect different income groups. But, The America Dream is all about climbing the income ladder. A family that is “middle class” one year may be considered “rich” the next. This depends on economic growth, and on opportunity and … More
October 31, 2008 at 10:18 am
Just last week, Heritage analyst Rea Hederman published a paper comparing John McCain and Barack Obama on taxes, concluding: “Senator McCain’s plan is substantially better at spurring economic growth than Senator Obama’s. This is not surprising, since Senator McCain focuses on economic growth and job creation while Senator Obama focuses … More
October 30, 2008 at 4:10 pm
Two days after asking Barack Obama to pull a false and misleading ad citing The Heritage Foundation, the campaign has not yet responded to the request. Heritage’s attorney, Alan P. Dye, today contacted TV stations directly to stop airing the ad. Dye’s letter was sent to TV stations across the … More