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 […]
OBAMA ADMINISTRATION NOW DECLARES HEALTHCARE MANDATE A TAX Read More »
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?
IRS ‘OVERTAXED’ WITH NEW RESPONSIBILITIES FROM OBAMACARE Read More »
JULY 13, 2010 The Bush Tax Cuts and the Deficit Myth Runaway government spending, not declining tax revenues, is the reason the U.S. faces dramatic budget shortfalls for years to come. By BRIAN RIEDL President Obama and congressional Democrats are blaming their trillion-dollar budget deficits on the Bush tax cuts of 2001 and 2003. Letting
THE TRUTH BEHIND THE BUSH TAX CUTS Read More »
JULY 12, 2010 U.S. Weighs Tax That Has VAT of Political Trouble By JOHN D. MCKINNON At least 139 countries, including most major economies except the U.S., levy a value-added tax on goods and services. Amid swelling deficits, there are increasingly loud calls in Washington for adopting a value added tax. John McKinnon discusses. But
SHOULD U.S. CONSIDER A VAT TAX? Read More »
AMERICANS FOR TAX REFORM July 1, 2010 Six Months to Go Until The Largest Tax Hikes in History In just six months, the largest tax hikes in the history of America will take effect. They will hit families and small businesses in three great waves beginning on January 1, 2011: First Wave: Expiration of 2001
HOW THE INCREASE IN TAXES WILL AFFECT YOU Read More »
An interview of Governor Chris Christie by Wall Street Journal’s Paul Gigot http://online.wsj.com/video/opinion-journal-chris-christie-veto/761F7750-2032-400B-B085-43F0BB1D7EAF.html
VIDEO INTERVIEW – GOVERNOR CHRIS CHRISTIE Read More »
JULY 2, 2010 How some Republicans are preparing to walk right into it. “‘Next year when I start presenting some very difficult choices to the country, I hope some of these folks who are hollering about deficits step up. Because I’m calling their bluff.” That was President Barack Obama, the heretofore unknown deficit hawk, all
THE OBAMA TAX TRAP Read More »
JUNE 26, 2010 The Keynesian Dead End Spending our way to prosperity is going out of style. Today’s G-20 meeting has been advertised as a showdown between the U.S. and Europe over more spending “stimulus,” and so it is. But the larger story is the end of the neo-Keynesian economic moment, and perhaps the start
THE END OF THE ROAD FOR STIMULATING THE ECONOMY? Read More »
JUNE 16, 2010 Captains of Subsidy Famous CEOs plead for more energy cash from Washington. EXCERPT FROM THIS ARTICLE: As it happens, some of these captains of industry have sunk billions of dollars into blue-sky energy investments that can’t succeed without the crutch of subsidies, mandates and carbon taxes. So now they’re asking Congress
BIG BUSINESS, BIG GOVERNMENT AND BIG SUBSIDIES Read More »
JUNE 6, 2010 Tax Hikes and the 2011 Economic Collapse Today’s corporate profits reflect an income shift into 2010. These profits will tumble next year, preceded most likely by the stock market. By ARTHUR LAFFER People can change the volume, the location and the composition of their income, and they can do so in response
ART LAFFER’S PERDICTIONS ON EFFECTS OF HIGHER TAXES Read More »
