Taxation

THE MILLIONAIRE RETIREES NEXT DOOR

MAY 12, 2011 Typical retired couples will collect $1 million or more in Social Security and Medicare. This is more than they paid in, and the cost will fall on today’s workers. By JOHN COGAN Readers may recall the 1950s TV show, “The Millionaire,” which portrayed stories of individuals who were given a “no strings […]

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NORTH CAROLINA – REPUBLICAN REPORT CARD

North Carolina House Legislative Update Republican Report Card Friends, Today is the 60th legislative day of the 2011 session.  How are we doing on our 100 day plan to change North Carolina?  Below is the document that I personally shared in over 30 cities during the fall campaign entitled, “100 Days That Will Change North Carolina.”  Under

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ABOUT THOSE OIL SUBSIDIES

May 02, 2011 By Randall Hoven Everyone wants to end subsidies to oil companies, from President Obama to John Boehner and Paul Ryan.  My question was “What subsidies?”  Remarkably enough, CNN Money provided the answer. It turns out that they are all tax “breaks.”  I even hesitate to call them “breaks” because some of them

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GOLD SLAMS BERNANKE

April 28, 2011 By Larry Kudlow Fed head Ben Bernanke, at his first-ever news conference on Wednesday, slammed the door shut on any new QE3 pump-priming. The $600 billion QE2 program to purchase bonds will end on target at the end of June, and that will be that. Bernanke also suggested that the Fed’s “extended

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AMERICA’S EVER EXPANDING WELFARE EMPIRE

FORBES Apr. 22 2011 By PETER FERRARA A fundamental misconception about America’s welfare state misleads millions of voters to reflexively support ever bigger and more generous government. William Voegeli fingers the attitude in his book, Never Enough: America’s Limitless Welfare State: “no matter how large the welfare state, liberal politicians and writers have accused it

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THE RADICAL GRADUALISM OF PAUL RYAN

Published on The Weekly Standard (http://www.weeklystandard.com) The status quo is far more ‘extreme’ than the Republican budget Yuval Levin April 18, 2011, Vol. 16, No. 30 Late last month, Senator Charles Schumer of New York led a conference call in which Senate Democrats briefed reporters about the ongoing budget battle. At the outset, unaware that

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OBAMA’S PERMANENT SPENDING BINGE

APRIL 22, 2011 If government got by with 20% of GDP in 2007, why not in 2021, when GDP will be substantially higher? By JOHN B. TAYLOR Palo Alto, Calif. Americans are clamoring for a fact-based debate about the budget, but the numbers they’re hearing from Washington are terribly confusing. Here’s an example: Speaking at

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CALIFORNIA DREAMIN’ – OF JOBS IN TEXAS

APRIL 22, 2011 Hounded by taxes and regulations, employers in the once-Golden State are moving East. By John Fund Austin, Texas It wasn’t your usual legislative hearing. A group of largely Republican California lawmakers and Democratic Lt. Gov. Gavin Newsom traveled here last week to hear from businesses that have left their state to set

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THE FORGOTTEN TAX REVOLT OF THE 1930’S

APRIL 15, 2011 When thousands of Chicago property owners went on a tax strike, the mayor threatened to cut off their water. By DAVID BEITO Many historians depict the Great Depression as a turning point when bitter economic realities finally led the middle class to break from laissez-faire tradition and demand bigger government. This is

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