And the rich get an early Christmas present: In what would be a major concession, President Obama and Senate Democrats will drop their insistence that a surtax on millionaires pay for extending the payroll tax cut, a Democratic source tells CNN. This would be part of a new Democratic offer. I don’t really blame the […]
Yesterday the Republicans again filibustered the payroll tax cut extension. They continued their argument that paying for it with a surtax on millionaires would hurt hiring. NPR decided to look further into that claim and here’s what they found: We wanted to talk to business owners who would be affected. So, NPR requested help from […]
Wow: A leading Senate conservative is taking aim at tax breaks that he says amount to welfare for millionaires, a line of critique that usually comes from liberal Democrats. Sen. Tom Coburn (R-Okla.) released a report detailing special tax breaks for wealthy income earners that could give members of the supercommittee common ground for raising […]
When you have one of the best known conservative writers on economics go after the standard GOP talking points that we need more tax cuts for the rich, you know that the right is in trouble. On Bill O’Reilly, Ben Stein did just that: Dave Edwards offers this awesome outtake from this confrontation: O’Reilly went […]
An op-ed that Eric Cantor wrote for yesterday’s Washington Post is very interesting, to say the least: But the politics of division have reared up, fueled by efforts to incite class warfare. For example, though he often talks about millionaires, billionaires and corporate jet owners paying their “fair share,” behind closed doors the president admits […]
Want to know why Democrats keep having problems? Because on every single issue they play this game of “kick the can”. It’s the procrastination party!. Here’s the latest example: Democrats want to take the offensive and propose higher tax rates for millionaires, companies that move factories overseas and wealthy people who make charitable contributions. But […]
Back around 96-97 I worked for a local plumbing company. We were the largest new construction plumbing company in the greater Cincinnati area, an area seeing a huge boom in new construction at the time. When I started with this company, my job was service technician. I would go to new homes we had done […]
This will be an interesting case to watch The Supreme Court announced yesterday that it will review the constitutionality of the so-called Millionaires’ Amendment, which allows opponents of some self-funded congressional candidates to raise more money than federal law normally allows. The court’s decision would come in time to affect the 2008 congressional campaigns. The […]
With all the talk of Mukasey, Pakistan and O.J., it seems like there is a much larger story missing from the MSM. Here is a chart of our stock market this week: Our economy is looking at some serious trouble. Lots of news has fueled this, like retailers reporting very sluggish sales in October, forcing […]
Wow what a liberal person he is. Here is what he said today during his radio address: The problem with our current system is clear: health care costs are rising rapidly, more than twice as fast as wages. These rising costs are driving up the price of health insurance and making it harder for working […]