The man who runs the U.S. Senate gave a rare interview on Sunday, but his message was familiar: Before they reduce spending, Democrats want still another tax increase. Majority Leader Harry Reid told ABC’s George Stephanopoulos that a tax increase is also his price for adjusting the terms of the automatic spending cuts scheduled to hit on March 1. Republicans would... Read more
Archive for the ‘Tax Issues’ Category
Debt Excess Even Lives in Texas
January 21 | Posted by mrossol | Debt, Tax Issues, US Debt“Every ballot to issue new bonds should say how much debt is already outstanding, and what it costs each year.” Exceptional. Right on the money! ============== By SUSAN COMBS Austin, Texas Federal, state and local governments have generated millions of pages of unreadable prose laying out rules and regulations and asserting their authority over our lives. But the whole nation began with a Declaration of... Read more
Desperately Seeking Middle-Class Taxes
September 6 | Posted by mrossol | Debt, Economics, Tax Issues“Truth in Lending?” ====== Democrats in Charlotte are pounding away at the savage budget cuts that Mitt Romney and Paul Ryan supposedly favor and their phantom plan for “raising taxes on the middle class,” as President Obama puts it. The truth is the opposite, but table that for a moment. The President seems not to realize his critique is really a scorching... Read more
Mathematically Possible
August 15 | Posted by mrossol | Obama, Tax IssuesThe inquisitive press… Always wanting to get at the truth. ========== It isn’t easy being the intellectual frontmen for President Obama’s re-election campaign, as the boys at the Brookings-Urban Institute Tax Policy Center are discovering. Their ballyhooed study of Mitt Romney’s tax plan looks worse with each new examination. Mr. Romney’s tax plan would cut income tax rates across the board by... Read more
The Romney Hood Fairy Tale
August 8 | Posted by mrossol | Tax IssuesLong, but good. ========= As he escalates his class war re-election campaign, President Obama has taken to calling Mitt Romney’s economic plan “Robin Hood in reverse” or “Romney Hood.” The charge is that even though Mr. Romney is proposing to cut tax rates for everybody across the board, Mr. Romney will finance this by imposing a tax increase on the middle class.... Read more
