Taxation

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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STEVE FORBES ON OBAMA’S SOFT-CORE SOCIALISM

Fact and Comment Fact And Comment 08.09.10, 6:00 PM ET Obama’s Soft-Core Socialism Despite White House goal to undo Reagan’s legacy, our 40th President may have the last laugh as Americans react badly to Obama’s big government bender.A comedian or satirist could not have come up with the recent scenario of Treasury Chief Timothy Geithner

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OBAMA ADMINISTRATION NOW DECLARES HEALTHCARE MANDATE A TAX

July 16, 2010 Changing Stance, Administration Now Defends Insurance Mandate as a Tax By ROBERT PEAR WASHINGTON — When Congress required most Americans to obtain health insurance or pay a penalty, Democrats denied that they were creating a new tax. But in court, the Obama administration and its allies now defend the requirement as an

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IRS ‘OVERTAXED’ WITH NEW RESPONSIBILITIES FROM OBAMACARE

JULY 17, 2010 Lost in Taxation The IRS’s vast new ObamaCare powers. If it seems as if the tax code was conceived by graphic artist M.C. Escher, wait until you meet the new and not improved Internal Revenue Service created by ObamaCare. What, you’re not already on a first-name basis with your local IRS agent?

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