Category Archives: Taxes

Economics and O-care

Supplemental discussion thread on macroeconomics and fiscal policy both in their own right and as they bear on the the Obama program. Includes discussion thread moved from J.E.’s post on the Kind of Blue Dogs of the House.

The Baucus-Gang O’Six Proposal

The Big Picture: I think that this proposal [pdf] represents an improvement over the HR 3200 if only because it’s readable. Nevertheless, for those of us who are concerned about deficits and government intervention in markets and excessive taxation, there’s much to dislike. This is just a synopsis but I was listening to Rush Limbaugh [...]

These Are Your Taxes: $$. These Are Your Taxes Under Obama: $$$$$$.

Upon his acceptance of the presidential nomination at the 1988 Republican National Convention, George H.W. Bush famously said “Read my lips: No new taxes.” Those words came back to haunt Bush after he was elected President and found himself forced by a Democrat-controlled Congress to go back on his word and raise taxes as part [...]

Death and Taxes

Polls, as everyone knows, are not entirely trustworthy, so take with a grain of salt this statistic from a new Rasmussen survey. When asked in what direction they thought taxes would go during the Obama years, 6% of voters nationwide responded that they expect their taxes to go down. The same survey found that 42% [...]

A Taxing Discussion

Charles Murray, of The Bell Curve fame, is IMHO one of the smartest guys around. (Quiet, fuster!) Murray has an interesting column in today’s Wall Street Journal. The article begins with the premise — which I find undeniably true — that all hell breaks loose in a democracy when voters believe (a) they are being exploited [...]

Discouraging Report from the FWCO

The well-documented beginning of the end for Obamacare was a report prepared by the non-partisan CBO (Congressional Budget Office) illustrating plainly that the numbers just didn’t add up. Basically, the CBO was confirming what any rational person could have told the Obama administration from the beginning—that you can’t alter the laws of supply and demand. [...]

Surprise! Tax Hikes for the Middle Class!

Larry Summers and Tiny Timmy Geithner are breaking the bad news inviting us to share in the sacrifice. I really don’t want to hear from the folks who are surprised, shocked, dismayed by this.

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