April 19, 2011 – 4:30 pm
For someone who paid less than his fair share in taxes, he sure wants Everyone Else to pony up And we’ve also got to end tax cuts for the wealthiest Americans. (Applause.) Let me say, this is not because we want to punish success. I suspect there are a bunch of young people in this […]
April 18, 2011 – 7:57 pm
Would it surprise you to learn that Mr. Obama, the champion of taxing those evil rich people who make more than $200k for single filers, $250k joint filing, doesn’t lead by example? The president and his wife, Michelle Obama, on Monday reported an adjusted gross income of $1,728,096 for 2010, down from $5.5 million in […]
April 13, 2011 – 4:30 pm
Something called the Main Street Fairness Act has to be a good piece of legislation, right? Designed to help out retailers, small mom and pop businesses? Um, no A Democratic senator is preparing to introduce legislation that aims to end the golden era of tax-free Internet shopping. The proposal–expected to be made public soon after […]
April 13, 2011 – 9:04 am
This should be an interesting day, as Champ sets out his “vision” for reducing the deficit President Barack Obama will describe his plans for long-term deficit reduction Wednesday, in a move likely to kick off a months-long debate with Republicans while alienating some members of his own Democratic Party. In a midday speech in Washington, […]
April 11, 2011 – 8:54 am
Of course, it appears as if his plan is more of a draft, well, really, a rough outline….OK, more of some talking points scribbled on a cocktail napkin from a campaign event: Obama Puts Taxes on Table President Barack Obama will lay out his plan for reducing the nation’s deficit Wednesday, belatedly entering a fight […]
February 16, 2011 – 12:20 pm
Obamacare just keeps getting better and better, via USA Today The Internal Revenue Service says it will need an battalion of 1,054 new auditors and staffers and new facilities at a cost to taxpayers of more than $359 million in fiscal 2012 just to watch over the initial implementation of President Obama’s healthcare reforms. Among […]
December 18, 2010 – 7:55 am
In Reality World, the article would be extraordinarily short, with the full text reading something like What do the Obama tax cuts extensions mean for you? Nothing. Nothing is changing. Thanks for stopping by ABC News. And, yes, ABC News did actually entitle the article the “Obama tax cuts extension” at some point. Check the […]
December 17, 2010 – 7:25 am
See, there really is a good reason to not only read the bill, but understand what the heck is in it, and what it actually does About 13.4 million taxpayers may be getting unexpected tax bills because they were awarded too much money under President Barack Obama’s Making Work Pay tax credit, a government audit […]
December 8, 2010 – 9:40 am
I due truly love the spin from the LA Times: States’ budget picture is brightening – But many continue to face deficits. Tax revenues are rising but demand for social services remains high, and there won’t be a batch of federal stimulus money this year. Interesting. They destroy their own headline with the sub. Then […]
December 7, 2010 – 9:15 am
Apparently, it has nothing to do with having no choice in breaking yet another promise to his unhinged rich people hating base: Obama’s tax cut extension part of strategy to show bipartisanship Although his liberal supporters are furious about the decision, President Obama’s willingness to extend all of the George W. Bush-era tax cuts is […]