Category Archives: Taxes

The Suicide Pact

This is ironic. The states that most firmly supported Obama and his anti-rich rhetoric are the ones who will suffer the most under the Obama purges to come: The ironic geography of the Democratic drive can be seen most clearly … Continue reading

Posted in Politics, Taxes | 1 Comment

They Already Have

Janet Daley in the Sunday Telegraph title her piece, “The West is signing its own death sentence.” I’m afraid that might have been better phrased in the past tense: What the West took from its defeat of the East was … Continue reading

Posted in Appalling, Economy, Taxes | Comments Off

Taxes, Taxes, Taxes

Online sales taxes through the back door. Tweet

Posted in Taxes | Comments Off

King of Pain

Obama will pay a price for going over the fiscal cliff, too: In light of that, Republicans should continue to act in a reasonable and responsible way, as Speaker Boehner has with his offer to raise tax revenues in exchange … Continue reading

Posted in Taxes | 1 Comment

Democrats Will Reimpose Clinton’s Taxes

The taxes that were passed under Bill Clinton will be back – on all Americans. That’s what Obama actually wants. This was never about the “rich” paying their “fair share”. This was always about reimposing the biggest tax hike in … Continue reading

Posted in Taxes | Comments Off

The Sad Truth

Mark Steyn: No danger of that. If (in Milton Himmelfarb’s famous formulation) Jews earn like Episcopalians but vote like Puerto Ricans, Americans are taxed like Puerto Ricans but vote like Scandinavians. We already have a more severely redistributive taxation system … Continue reading

Posted in Appalling, Economy, Taxes | Comments Off

What Can’t Go On – Won’t

Michael Goodwin sees the problems democrats have made for themselves: Deficits exceeded $1 trillion in each year of his first term, and his combined debt is a staggering $5 trillion. It brings the nation’s total to $16 trillion, and the … Continue reading

Posted in Economy, Politics, Taxes | 1 Comment

What’s Over the Cliff

Beyond the fiscal cliff is the debt abyss: The actual liabilities of the federal government—including Social Security, Medicare, and federal employees’ future retirement benefits—already exceed $86.8 trillion, or 550% of GDP. For the year ending Dec. 31, 2011, the annual … Continue reading

Posted in Appalling, Economy, Taxes | 1 Comment

Actually, It’s Worse

Gerri Willis says that Middle Class Americans can expect to lose a full half of their paychecks to taxes next year: Then there is the Federal Social Security and Medicare payroll tax of 13.3%. You pick up 5.65% while you’re … Continue reading

Posted in Appalling, Economy, Taxes | 4 Comments

That’s Nice. Now Let’s Talk About the Deficit.

Over one trillion dollars. Again. With three weeks still to go in the fiscal year, the federal government already has notched its fourth straight trillion-dollar deficit, the Congressional Budget Office said Monday. CBO, which releases estimates each month, said the … Continue reading

Posted in Economy, Obamantics, Taxes | Comments Off

Over the Cliff

The Wall Street Journal: Congress’s Joint Tax Committee—not a conservative outfit—estimates that in 2013 about 940,000 taxpayers will have enough business income to meet Mr. Obama’s tax increase threshold. And of the roughly $1.3 trillion in net business income, about … Continue reading

Posted in Appalling, Democrats, Taxes | Comments Off

Soaking the Rich…

…And screwing the entire country.  Just wait until the Obama plan sucks the life out of the stock market: Consider the case of Americans who built up value in a home their entire lives and never made more than a … Continue reading

Posted in Appalling, Economy, Obamantics, Taxes | Comments Off

Our Tax Future

Almost an actual proposal: Romney Specifies Deductions He’d Cut Mitt Romney, speaking at a private fundraising event on Sunday, offered the first details of deductions he would eliminate or limit in order to offset the income tax cut he has … Continue reading

Posted in Taxes | 6 Comments

David Frum Ain’t No Martin Luther

I agree with much of this piece by David Frum, but when he falls off the rails he really falls off the rails: Give me a hammer and a church-house door, and I’d post these theses for modern Republicans… 5) … Continue reading

Posted in Politics, Taxes | 1 Comment

The Stupid Tax

AKA the lottery. Guess what, kid’s? It’s rigged. The random winning numbers on lottery tickets aren’t exactly random at all. Mohan Srivastava is the man who figured out how to beat a scratch lottery game — and he didn’t even … Continue reading

Posted in Taxes | 6 Comments