Tag Archives: Bush tax cuts

Just What is the “Fiscal Cliff?”

As we approach the end of 2012, you’ve likely heard lots of talk among politicians and the media about the impending “fiscal cliff.” This term refers to a combination of tax increases and spending cuts that are slated to take … Continue reading

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A Victory for Demagoguery (America seems to be falling for Obama’s class warfare campaign)

I’m in the camp that believes Republicans have no choice but to agree to raise taxes on the top 2 percent of earners. The party has been successfully caricatured as the servant of the rich. This is unjust, yes, but … Continue reading

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The True Disciple of Saul Alinsky by Patrick J. Buchanan… ~ (“What to do? Forget the deal. Walk away from the talks with Geithner. Pass an extension of the payroll tax cut, and send it to Harry Reid. Pass the Bush tax cuts, and send them to Harry Reid and say: “Harry, you are going to have to pass this extension of the tax cuts, or kill them, or send us a counteroffer. Do nothing, and you, not we, will take America over the cliff.”)

What to do?   Forget the deal. Walk away from the talks with Geithner. Pass an extension of the payroll tax cut, and send it to Harry Reid. Pass the Bush tax cuts, and send them to Harry Reid and … Continue reading

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Americans Are Already Double and Triple Taxed

    Unless the Democrats and Republicansin Congress can reach an agreement on an extension, many temporary tax-cut provisions will expire at the end of this year.         The so-called Bush tax cut — The Economic Growth … Continue reading

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The Crisis of Liberalism… (“If his heralded new majority for change does not triumph in congressional and state elections in 2012 or …”)

  In the late innings of the health care fight President Barack Obama told a joint session of Congress, “we did not come here just to clean up crises,” even one as big as the Great Recession.     “We … Continue reading

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White House warns of $1,600 tax hike on 114M middle-class families

  The White House has launched a new offensive in its fight with congressional Republicans over taxes, arguing 114 million middle-class families will see their taxes rise without action by Congress.     A report from President Obama’s National Economic … Continue reading

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Does ObamaTax even EXIST in the U.S. Tax Code?

Remember, Obamacare is only legal if it’s understood as a tax. But normally when Congress amends tax law, which the mandate would do, there is language in the text of the bill that references the U.S. Tax Code and how … Continue reading

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