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    The Truth Behind Obama's 3% of Small Businesses Claim

    Obama claims that his plan would only hurt 3% of small businesses. But this is highly deceptive. He isn’t lying, but the reports that he cites mean something very specific. They do not mean that 97% of small businesses won’t see higher taxes under Obama’s plan than they see today. … More

    Grading the Nation's Governors

    West Virginia Gov. Joe Manchin received an “A” from Cato. (Newscom) The Cato Institute released its ninth biennial fiscal report card on the nation’s governors yesterday, and topping the list with “A” grade were Charlie Crist of Florida, Mark Sanford of South Carolina, and Joe Manchin of West Virginia. Cato … More

    Obama's Poverty Trap

    (Newscom) Barack Obama has claimed he would lower taxes on 95% of workers — even though more than 40% of tax filers don’t even pay taxes. What he says is true, but what it really means is that he is reintroducing a massive increase in the welfare state, costing about … More

    The Annotated Presidential Debate

    Over the course of three presidential debates, John McCain and Barack Obama have tackled many policy issues — but often in the form of sound bites without much context or detail. Enter a project called VoterWatch. By making it easy to annotate video with its interactive media player, VoterWatch allows … More

    Joe the Plumber's $10K Tax Hike

    Courtesy of William Warren, Americans for Limited Government Americans for Tax Reform has run the numbers for Joe Wurzelbacher. Under the tax plan offered by Barack Obama, the country’s most famous plumber would pay $10,000 more in taxes. Here’s the breakdown: Current Law: Under current law, Joe faces a self-employment … More

    Morning Bell: Growth vs. Redistribution

    During last night’s presidential debate in Hempstead, N.Y., Barack Obama said, “I think tax policy is a major difference between Senator McCain and myself. And we both want to cut taxes, the difference is who we want to cut taxes for.” Obama is half right here. As Obama adviser Austan … More

    Obama Tax Plan and Joe the Plumber

    The Heritage Foundation’s Center for Data Analysis has just released a study of Barack Obama and John McCain’s tax plans. Using tax models and tax information from other sources as inputs into Global Insight’s U.S. Macroeconomic Model, the study estimates the side-by-side economic effects of the two plans. The study … More

    Bell Ringers

    A round-up of Op-Eds from The Heritage Foundation Job Jitters – James Sherk America has faced much more serious problems in the past. If you have a job today that isn’t directly affected by housing markets or energy prices, you have little to fear from reports of rising unemployment.[...] Mr. … More

    Three Problems with the New Economic Stimulus Bill

    Heritage’s Rea Hederman discusses three problems with the proposed Economic Stimulus Bill currently before Congress. In July, the Bill was projected to cost $25 billion dollars. Since then, the projected cost has doubled due to spending projects that should have been taken care of with the Budget process. The Bill … More

    Obama's Half-Truths on Taxes

    In the video below, Barack Obama tells an audience in Norfolk, Va., that there are analysts at The Heritage Foundation “who are acknowledging that my tax plan provides more relief to the average American than John McCain’s does.” [youtube]http://www.youtube.com/watch?v=ahHpaFKoQDo[/youtube] Here is the actual quote from the New York Sun: Mr. … More