Politicians are now getting creative about slowing down the economy. This so-called “Robin Hood” tax would impose a tax on each financial transaction conducted on Wall Street. But, strangely, the part that should be most annoying is the name.
You won't want to miss this.
To the list of liberals who vote for higher taxes -- and then proceed to complain about them -- add comedian Bill Maher.
There has not even been amnesty bill introduced yet in the US Senate, and already, key Republican members of the “Gang of Eight” are panicking. An old saying in politics is, if you’re losing an argument, change the subject.
Listening to progressive media pundits, I'd think the most evil man in the universe is Grover Norquist, head of Americans for Tax Reform. His crime? He heads a movement that asks political candidates to pledge not to raise taxes.
Glass discusses solutions to the coming fiscal cliff on CNN's Your Money.
It comes as no surprise to hear anti-tax activist Grover Norquist talk about tax cuts, but it does come as a surprise to hear him raise the subject of pink unicorns.
As the "fiscal cliff" looms, editorial writers and Beltway commentators have turned their sights on their favorite enemy -- tax-foe Grover Norquist's no-new-taxes pledge signed by a weighty majority of GOP members of Congress. If Republicans had not been scared into signing the pledge, the pack laments, D.C. pols would compromise, and all would be well with the world.
What is a Republican elected official? A Republican elected official is one who says, "I won't raise my constituents' taxes."
Republican U.S. Sen. Saxby Chambliss, R-Ga., was on cruise control to win a 2014 bid for re-election until he made a comment on a station in Macon, Ga., that ignited a political firestorm. In essence, Chambliss hedged on a prior pledge never to raise taxes, stating that in light of the "fiscal cliff" the country is facing, his devotion to the nation was more important than a 20-year-old statement or pledge. That's when the fireworks started.
Once again, billionaire investor Warren Buffett urges his fellow high-on-the-hoggers to pay more in taxes. "Only in Grover Norquist's imagination," says Buffett, do taxes make much of a difference in how people invest. "So let's forget about the rich and ultra-rich going on strike and stuffing their ample funds under their mattresses if -- gasp -- capital gains rates and ordinary income rates are increased.
Despite the ponderous complexities of modern statutes and regulations (the text of the legislation that became “ObamaCare” was some 2400 pages long), some things actually are quite simple and straightforward. Take the Second Amendment to our Constitution. Despite decades-long efforts by gun-control advocates to twist its meaning into a vehicle with which to limit gun rights, the Amendment’s crystal clear operative language – “the right of the people to keep and bear arms, shall not be infringed” – is the law of the land (thanks largely to the Supreme Court’s 2008 Heller decision).
Much was made over the weekend about cracks in Grover Norquist's "No Tax Pledge" dam by Rep. Peter King and Senators Lindsay Graham (R-SC) and Saxby Chambliss (R-GA).<p> </p> Before we go on, we all know there IS such a thing as the "No Tax Pledge," but until last night as I was writing this, I had never actually read it.
"No pledge taker has voted for a tax increase."
Would you happily sign an IOU for $126,000 to allow Barack Obama to keep his Big Spender status going? In some ways, that’s the bottom line on how people are going to vote on November 6th. That’s what the nonpartisan Congressional Budget Office estimates Obama’s proposed deficits, from 2011 through 2020, will add to a family of four’s share of America’s liabilities.
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