Taxation

THE TRUE COSTS OF HIRING NEW EMPLOYEES

AUGUST 9, 2010 Why I’m Not Hiring When you add it all up, it costs $74,000 to put $44,000 in Sally’s pocket and to give her $12,000 in benefits. By MICHAEL P. FLEISCHER With unemployment just under 10% and companies sitting on their cash, you would think that sooner or later job growth would take […]

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CANADA – LAND OF CONSERVATISM!

AUGUST 9, 2010 Canada, Land of Smaller Government Its corporate income tax rate is 18% and falling. America’s is 35%. By JASON CLEMENS When Americans look to Canada, they generally think of an ally, though one dominated by socialist economic policies. But the Canada of the 1970s and early 1980s—the era of left-wing Prime Minister

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THE DEMOCRATS’ BRAVE NEW WORLD OF “TAX EQUITY”

AUGUST 4, 2010 The Blue State Blues Taxing the rich, except in my district. One irony of the tax increase that arrives on January 1 is that the it will hit residents of high-income, Democratic-leaning states like California, Connecticut, New Jersey and New York the hardest. This is a problem for pro-tax Democrats. Enter New

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HOUSE REJECTS PARTIAL HEALTH CARE REPEAL – WHY?

House rejects partial health care repeal Jul 30 06:31 PM US/Eastern By STEPHEN OHLEMACHER Associated Press Writer WASHINGTON (AP) – The House has rejected a bill that would repeal a tax filing requirement in the new health care law that could swamp businesses with paperwork.The provision requires nearly 40 million U.S. businesses to file tax

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SMALL BUSINESS JOBS ACT – OBAMA’S WEAK ATTEMPT TO PROVE HE IS NOT ANTIBUSINESS

JULY 30, 2010 Son of TARP More politically directed credit, this time for small banks. President Obama has been trying to rebut the claim that he’s antibusiness by promoting something called the Small Business Jobs Act, which would provide loans and temporary tax cuts to small businesses. If you’ve been paying attention over the last

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