Taxes
McGURN:: Illinois Blows Smoke at Taxpayers – WSJ
By MB Snow at June 5, 2012 | 12:40 am
As long as we're in the business of alerting Americans to all the dangers of tobacco, we might want to slap another scary label on cigarette packaging: "Warning: The surgeon general has determined that states choosing to address their spending problems by raising taxes on tobacco risk seeing real fiscal restraint go up in smoke." Such a warning might be especially ... Go To Article
Commentary , Featured , General , Politics , Taxes
MICHAEL BOSKIN & JOHN COGAN:: California’s Casino Budgeting – WSJ
By MB Snow at June 4, 2012 | 12:45 am
By MICHAEL BOSKIN AND JOHN COGAN California's fiscal and governance crisis careens from bad to worse. The latest blow: a 70% increase in the state's projected budget deficit in Gov. Jerry Brown's revised budget, to $16 billion from $9 billion. Meanwhile, S&P warns of a downgrade to the state's bond rating, already the lowest of any state, and the latest CEO survey ... Go To Article
California , Commentary , Featured , General , Politics , Taxes
LIBERALS:: Why Can’t They Pay Their Taxes On Time? « Commentary Magazine
By MB Snow at May 22, 2012 | 1:08 pm
Omri Ceren, 05.22.2012 -- What is it with these people? Only seven months after critical news stories about unpaid taxes on a private airplane, U.S. Sen. Claire McCaskill was late paying property taxes on her Washington, D.C., condominium. Records show that the Missouri Democrat missed the fall 2011 deadline by about three weeks. McCaskill paid $197 in penalties ... Go To Article
Commentary , Featured , General , Politics , Taxes
NORQUIST compares Sen. Schumer’s tax-dodger bill to the Nazis, communists – The Hill
By MB Snow at May 19, 2012 | 3:30 pm
By Bernie Becker and Erik Wasson - 05/19/12, THE HILL - The anti-tax activist Grover Norquist on Friday compared a new Democratic proposal to penalize Americans who renounce their citizenship to evade taxes to policies employed by the Nazis and communists. Sens. Chuck Schumer (D-N.Y.) and Bob Casey (D-Pa.) introduced legislation this week — in response to a ... Go To Article
BILL CLINTON:: Hike taxes across the board – POLITICO
By MB Snow at May 16, 2012 | 10:26 am
By MJ LEE | 5/15/12 12:24 PM EDT Bill Clinton said Tuesday that President Barack Obama’s goal of hiking taxes on the rich alone is not enough to solve the country’s fiscal woes and suggested that middle class Americans must also eventually contribute more. Clinton, who discussed a number of economic and political issues at the Peter G. Peterson Foundation’s ... Go To Article
ECONOMY:: Look To Sweden! Obama’s High-Tax Gurus – Forbes
By MB Snow at May 14, 2012 | 1:32 pm
Peter Diamond and Emmanuel Saez (Wall Street Journal High Tax Rates Won’t Slow Growth) offer a beguiling Leftist narrative: The 1% will cough up incremental tax revenue up to a 70 percent rate without cutting the things they do to generate economic growth. We can then use their money to fund “higher-return public investments” (such as Solyndra and the ... Go To Article
Barack Obama , Commentary , Economy , Featured , General , Politics , Taxes
JOHN SNOW:: ‘Taxmaggedon’ Is a Real Threat – WSJ
By MB Snow at May 14, 2012 | 12:40 am
By JOHN SNOW, May 13, 2012 - WSJ - Nine years ago this month Congress passed President George W. Bush's Jobs and Growth Tax Relief Reconciliation Act. That bill's lower rates on capital, as well as the continuity in tax policy it established, have helped make our economy far more resilient. The legislation's centerpiece was a reduction in the taxation of dividends ... Go To Article
Commentary , Economy , Featured , General , Politics , Taxes
CALIFORNIA:: Never Trust a Hungry Legislature – City Journal
By MB Snow at May 13, 2012 | 12:15 am
TOM GRAY, 11 May 2012 - California’s assembly speaker tries to squeeze more taxes from beleaguered businesses. You know a tax bill faces an uphill fight when its author feels the need to earmark the projected revenue for something everyone can love. Such is the case with California Assembly Speaker John A. Pérez’s Assembly Bill 1500, which would establish a ... Go To Article
Commentary , Economy , Election 2012 , Featured , General , Politics , Taxes
TAXES:: Stopping the Largest Tax Hike in History – Heritage-TheFoundry
By MB Snow at May 12, 2012 | 12:15 am
By Mike Brownfield, May 11, 2012 The largest tax hike in history is due to strike the United States on January 1, 2013. Known as “Taxmageddon,” it would impose $494 billion in higher taxes on the American people in the first year. So terrible would be its impact that yesterday Fed Chairman Ben Bernanke warned Senate Democrats that the country is headed toward a ... Go To Article
Barack Obama , Economy , Election 2012 , Featured , General , News , Politics , Taxes
GEORGE WILL:: Taxing jobs out of existence – WaPo
By MB Snow at May 11, 2012 | 12:45 am
By George F. Will, Published: May 9 BLOOMINGTON, Ind. Bill Hewlett and David Packard, tinkering in a California garage, began what became Hewlett-Packard. Steve Jobs and a friend built a computer in the California garage that became Apple’s birthplace. Bill Cook had no garage, so he launched Cook Medical in a spare bedroom in an apartment in this university town. ... Go To Article
Commentary , Featured , General , Politics , Taxes
