Post Tagged with: "tax cuts"

December 8, 2011 10:53

Krauthammer – Obama’s “tax cut” a McGovern redux?

Calling the proposed Obama tax cut a “phony” job creator Krauthammer reminds us that McGovern tried to buy votes the same way by offering everyone $1,000 and was laughed out of town. McGovern lost in a landslide and that is exactly what is going to happen to Obama. The “tax holiday” went down in the senate 51-49 over disagreement in how to pay for it.

December 1, 2011 12:10

Sen. Coburn: Obama tax cut will “totally gut social security”

Dr. Coburn discussed the prospect of passing the Democrat’s plan to extend the payroll tax cut and the costs associated if this is carried out, as well as the effect Congress’ failure to put forward a deficit reduction plan will have on our immediate future.

December 16, 2010 05:42

Bachmann says no on tax cut deal

Michele Bachmann tells Sean Hannity why she does not support the tax cut deal. ‘Spending is the problem’. Bachmann has proposed a bill to extend the tax cuts permanently. Its a failure on Pelosi’s part.

December 15, 2010 11:55

Pence comes out against tax deal

Saying its ‘a bad deal for taxpayers’ and ‘ will do little to create jobs’ Rep. Mike Pence reminded congress of the elections. ‘Despite the fact that last November the American people did not vote for more deficits, more stimulus or more uncertainty in the tax code, that’s just what this lame duck congress is about to give them.’

December 13, 2010 17:27

‘Only in Washington Is Not Raising Taxes Considered a Tax Cut’ – Paul Ryan

This is a compromise, and there are parts of this bill I do not like. The worst thing we can do is hit this economy with an across-the-board tax increase on everybody in January. I don’t see this bill as a ‘stimulus.’ I see this bill as preventing further damage to the economy, not injecting growth into the economy. If we don’t pass this, then we will have damage inflicted on this economy.

December 13, 2010 14:14

Raising tax rates on the ‘rich’ lowers the tax revenues

It is therefore not a path to compromise that Congress should seek, but rather a path to stable, lasting economic growth through a predictable tax code with low marginal tax rates. Though fundamental tax reform is necessary, raising taxes during a fragile economic recovery is a path to disaster.

December 13, 2010 08:06

Democrat Mythology, Part I: Tax Rates and Revenue

There have been four major tax reductions since the implementation of the income tax, and every one of them has been followed by increased tax revenue.

December 13, 2010 05:12

The Lesson of the Tax Deal and the Deficit: Teach Your Kids Chinese

Our recent political history suggests that we will keep on punting our spending/deficit problems down the road. If that is the case, we may want to have our children and grandchildren learn Chinese. For the Chinese will be our economic masters.

December 10, 2010 10:12

Reid offers bribes to fellow Democrats to sweeten tax deal

Tax cut bill introduced by the Senate majority leader is chock-full of sweeteners — which cover everything from the Hollywood industry to rum producers — to serve as a legislative pacifier for Dems upset over the concessions the president has handed Republicans.

December 8, 2010 08:42

The Left’s Unjust “Justice”

It’s about condoning theft in the name of socialist-style “equality;” an equality that would disincentivize workers, undermine prosperity, and—to borrow a phrase from Barack Obama—lead to “fundamentally transforming the United States of America.”