Mr. Obama’s February budget provided the outline, but the House bill now fills in the details. To wit, tax increases that would take U.S. rates higher even than most of Europe. Yet even those increases aren’t nearly enough to finance the $1 trillion in new spending, which itself is surely a low-ball estimate. Meanwhile,...
Small Business
DEM HEALTH RX A POI$ON PILL IN NY – New York Post
Congressional plans to fund a massive health-care overhaul could have a job-killing effect on New York, creating a tax rate of nearly 60 percent for the state’s top earners and possibly pressuring small-business owners to shed workers. via DEM HEALTH RX A POI$ON PILL IN NY – New York Post.
Democrats want to impose “surtax” to finance health care – WSJ.com
A new study by the Kaufman Foundation finds that small business entrepreneurs have led America out of its last seven post-World War II recessions. They also generate about two of every three new jobs during a recovery. The more the Obama Democrats reveal of their policies, the more it’s clear that they prize income...
‘Global warming is baloney’ signs put the heat on Burger King | Environment | The Guardian
‘Global warming is baloney’ signs put the heat on Burger King | Environment | The Guardian. Good for these guys. Free speech is for all, not just the liberals and ACLU.
Obama Pays Back the Unions for their Support
On Friday, February 6 at 4:30 pm, just before the end of the day and start of the weekend, Obama quietly signed an executive order which in effect bans all non-union construction shops from being awarded any federally funded construction projects. This effectively discriminates against the 84% of construction workers who are non-union. Didn’t...
Once Again, the Press Leaves Obama’s Tax Numbers Unchallenged
Another great op-ed from the WSJ on the random tax numbers quoted by the Obama campaign and the loving press’ unwillingness to put up a question mark. Some highlights: In the last debate, Sen. Obama said, “We both want to cut taxes, the difference is who we want to cut taxes for. . ....
Shift from Capitalism to Socialism, European Style
From the WSJ… The most basic explanation for why Barack Obama may win next Tuesday is that voters want economic deliverance. The standard fix for this in politics everywhere is to crowbar the old party out and patch in the other one. It is true as well that the historic nature of the nation’s...
U.S. Chamber of Commerce vs. Democrats
I think the chamber of Commerce knows a thing or two about how economies are built and destroyed. They clearly see a danger in letting the Democrats run away with the government. From the WSJ… The nation’s largest business lobby, the U.S. Chamber of Commerce, has raised ire among Democratic leaders for pouring millions...
Obama and the Tax Tipping Point
Another great WSJ op-ed piece… Other nations have tried the ideology of fairness in the place of incentives and found that reward without work is a recipe for decline. In the late 1970s and throughout the 1980s, Margaret Thatcher took on the unions and slashed taxes to restore growth and jobs in Great Britain....
