(Terence P. Jeffrey) In the budget proposal he presented to Congress last month, President Barack Obama called for what would be the highest level of sustained taxation ever imposed on the American people, according to the analysis published last week by the Congressional Budget Office. Under Obama’s proposal, taxes would rise from 17.6 percent of Gross […]
Export-Import Bank Chairman Fred Hochberg. Photo: Brendan Smialowski/AFP/Newscom With a deadline looming on the future of the taxpayer-funded U.S. Export-Import Bank, congressional Republicans remain split on whether to reauthorize the bank’s charter. The 80-year-old Ex-Im Bank, which provides foreign companies with loans to encourage them to buy from American companies, has come under fire for promoting corporate […]
By Caroline Zaayer Kaufman Monster.com If you’re planning a move to another state for work it might be wise to consider what you’ll pay in property tax, sales tax and, of course, how big of a chunk the state government is going to take out of your paycheck. The federal government will get its share […]
Did you know that the number of Americans getting benefits from the federal government each month exceeds the number of full-time workers in the private sector by more than 60 million? In other words, the number of people that are taking money out of the system is far greater than the number of people that […]
Matt Yglesias, now with Vox, finds this chart of ours misleading: He admits that the data is correct and that what it shows—that the federal income tax is highly progressive—is also correct. So what’s the problem? Our chart looks exclusively at federal income taxes in the context of the current debate over whether the rich […]
Since taking office in 2009, President Barack Obama has formally proposed a total of 442 tax increases, according to an Americans for Tax Reform analysis of Obama administration budgets for fiscal years 2010 through 2015. The 442 total proposed tax increases does not include the 20 tax increases Obama signed into law as part of Obamacare. “History tells […]
In this clip, successful investor Kevin O’Leary from ABC’s hit show “Shark Tank” eloquently and persuasively destroys many of the myths of the “1 percent” and describes in personal detail how many of the small businesses he works with have to spend nearly $20,000 to $30,000 a year complying with federal regulations. [youtube igHlPTII4ak nolink] […]
A south Louisiana lingerie store has posted on its front door to indicate it accepts most credit cards, including the Electronic Benefits Transfer (EBT) card. Kiss My Lingerie, in Gonzales, sells adult specialty items. The store moved into the Magnolia Shopping Center on South Burnside Avenue a few years ago. However, accepting the EBT payment […]
Check out Heritage’s infographic to see just a few of the disturbing things they found in Obama’s 2015 Budget.
(CNSNews.com) – While discussing federal spending and transportation funding last week, Sen. Barbara Boxer (D-Calif.) said “there is absolutely no way we’re going to cut spending.” Boxer was discussing the Highway Trust Fund with members of the American Association of State Highway and Transportation Officials (AASHTO) in Washington on Feb. 26, when she addressed various tax increases […]
