Taxes
CHEVY VOLT:: The Money Pit – IER
By MB Snow at April 18, 2012 | 11:30 am
Supporters of the Chevy Volt were elated at March’s record sales figures, thinking that the future had finally arrived. Yet in absolute terms, the Volt’s best month ever is hardly impressive. More important, these drab sales are propped up by an extraordinary amount of preferential tax treatment and direct subsidies, ranging anywhere from $50,000 to $250,000 per ... Go To Article
WISCONSIN’S PROPERTY TAXES Drop for First Time in 12 Years | WeeklyStandard
By MB Snow at April 18, 2012 | 12:10 am
APR 16, 2012 • BY JOHN MCCORMACK, Weekly Standard According to Wisconsin's Department of Revenue, property taxes on homes in the state of Wisconsin have decreased for the first time in more than a decade. Governor Scott Walker's pledge to balance the budget without raising taxes was a key plank of his 2010 campaign, and his fulfillment of that pledge will be a ... Go To Article
ROMNEY, Unplugged- The Editors – NRO
By MB Snow at April 17, 2012 | 2:10 pm
THE EDITORS, April 17, 2012, National Review The good news for wary conservatives is that Mitt Romney has finally gotten specific about his plans for reforming the tax code and shrinking the federal government. The bad news is that he did so at a private gathering of donors, and for purposes of analysis we have only what reporters lurking outside the event overheard. ... Go To Article
Commentary , Economy , Election 2012 , Featured , General , Mitt Romney , Politics , Taxes
ROMNEY, Republicans Hammer Government Waste in Appeal to Middle Class Voters – FoxNews
By MB Snow at April 17, 2012 | 9:14 am
By CHRIS STIREWALT,Power PlayPublished April 17, 2012FoxNews.com "5 percent of earned income” -- Value of the average tax subsidy paid to the bottom 20 percent of American earners according to an Urban Institute study. These workers pay no federal income tax. About half of American workers pay no federal income taxes, and taxpayers in the top 40 percent of ... Go To Article
Election 2012 , General , News , Politics , Taxes
INSPECTOR GENERAL:: ‘Running joke’ at GSA to play system to bill taxpayers for food | Fox News
By MB Snow at April 17, 2012 | 8:58 am
The practice of gaming the system in order to bill taxpayers for food at lavish conferences was so widespread within the General Services Administration that it became a "running joke" among certain employees, the GSA inspector general testified Tuesday. Inspector General Brian Miller, who blew the whistle on agency spending with a report on its $820,000 conference in ... Go To Article
General , News , Politics , Taxes , Your Money
TERRORISM:: Financial lifelines of terrorist groups targeted by U.S. teams | WashEx
By MB Snow at April 17, 2012 | 8:49 am
By Sara A. Carter, April 17, 2012, Washington Examiner As the U.S. is planning its exit from Afghanistan, a group of trained financial experts is focusing on busting up the terrorist organizations and corrupt officials who have ripped off American taxpayers for billions of dollars. The goal is ambitious: not simply to recover money for the U.S. Treasury, but to cripple ... Go To Article
GROVER G. NORQUIST:: Trickle-Down Taxation [VIDEO LINK] – WSJ
By MB Snow at April 17, 2012 | 12:40 am
![GROVER G. NORQUIST:: Trickle-Down Taxation [VIDEO LINK] – WSJ](http://www.politicalnewsnow.com/wp-content/themes/NewsFlash/thumb.php?src=http://www.politicalnewsnow.com/wp-content/uploads/2012/04/grover-norquist-e1334623802302.jpg&w=190& h=150& zc=1&q=80&bid=1)
By GROVER G. NORQUIST, OPINION April 16, 2012, WSJ In his 1984 acceptance speech at the Democratic National Convention, Walter Mondale announced that if elected president he would raise taxes. He lost the electoral college 525 to 13, carrying only the District of Columbia and his home state of Minnesota. Since then the two Democrats who won the presidency have ... Go To Article
Commentary , Featured , General , Politics , Taxes
TAXES:: Obama, like Buffett, pays lower tax rate than secretary
By MB Snow at April 16, 2012 | 9:38 am
By David Jackson, USA TODAY It turns out that President Obama also pays a lower tax rate than his secretary, just like billionaire investor Warren Buffett. That's one of the reasons Obama backs the Buffett Rule, the subject of a Senate debate today, aides said. "That is the point of the Buffett Rule," said White House spokesman Jay Carney. "The tax code should ... Go To Article
Barack Obama , General , News , Politics , Taxes
YOUR MONEY:: Ahead of hearing, Issa complains mastermind of GSA conference ‘still being paid’ – Fox News
By MB Snow at April 16, 2012 | 9:26 am
The chairman of the congressional committee holding the first hearing on a federal agency's now-infamous Las Vegas conference complained Monday that the organizer behind the spending spree -- who is also one of his key witnesses -- is still being paid. Rep. Darrell Issa, R-Calif., chairman of the House Oversight and Government Reform Committee, noted that Jeffrey Neely ... Go To Article
General , News , Politics , Taxes , Your Money
REVIEW & OUTLOOK:: Why Your Highway Has Potholes – WSJ
By MB Snow at April 16, 2012 | 12:55 am
REVIEW & OUTLOOK, April 15, 2012, 5:59 p.m. ET Nothing shows off the worst of Congress like a highway bill. And this year's scramble for cash is worse than ever because the 18.4 cent a gallon gasoline tax will raise $70 billion less than the $263 billion Congress wants to spend over the next five years. Let the mayhem ensue. The Senate has passed a two-year $109 ... Go To Article
Commentary , Congress , Economy , Featured , General , News , Politics , Taxes
