President Obama’s budget document lacks the details necessary to judge fully his tax proposals. What we have are proposed streams of revenues over 10 years and short tag lines describing the proposals. A full assessment of his tax program will therefore have to wait. The initial impression, however, is that …
Rhetorically there was much to like in President Barack Obama’s speech to Congress last night. None better than this early statement: The answers to our problems … exist in our laboratories and universities, in our fields and our factories, in the imaginations of our entrepreneurs and the pride of the …
Earlier today, House Ways and Means Committee Chairman Charlie Rangel (D-NY), told reporters that the tax cut provisions in the economic stimulus plan will be cut, without offering further details. You may remember that earlier in 2008, Chairman Rangel was investigated for violating a number of House ethics rules, which …
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 …
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 …
