If you heard it once during the 2008 presidential campaign, you heard it a thousand times: Barack Obama will not raise taxes on anyone making less than $250,000 a year. Obama made the pledge most emphatically in New Hampshire, where people live free and die knowing they paid low taxes. "I can make...
"I think if you get into the way it was written, it's a huge tax and there's no sense calling it anything else. I mean, it is a tax ." So says Warren Buffett , Chairman of Berkshire Hathaway and perhaps even more importantly, one of the President's biggest supporters in the economic...
Posted to
AIP Blog
by
Despina Karras
on
06-28-2009
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Filed under: energy, cap and trade, capitalism, free market, stimulus package, government spending, taxes, stimulus, job losses, tax issues, economic crisis, regulation, unemployment, green jobs, cap and tax, consumers, economics, environmentalists
This week will mark four months since President Obama signed the stimulus bill into law. Four months later, unemployment has reached a 26 year-high, and only $44 billion of 'stimulus' money has been spent . Ironically, a recent Rasmussen poll shows that four months after passing the largest spending...
Climate change solver or economy killer - these are the two sides to the debate on a cap-and-trade system. While it might be easy for many to get on board with reducing emissions, swallowing the costs of doing so is a different story. While the latest version of the bill eliminates permit auctions and...
It comes down to a simple question: are you entitled to the money you earned? When Rush Limbaugh left New York because of high taxes, the New York "Working Families Party" cheered his departure, and jeered his selfishness . We won, and now Rush Limbaugh is leaving New York forever. Why is Limbaugh...
Late last year , New York Governor David Paterson proposed a 15% "obesity tax" on non-diet soda to help close the state budget gap. The idea was so unpopular, Paterson had to axe the idea in March. Despite the warning, Democrats in congress, determined to find a way to pay for Barack Obama's...
Good morning, and happy mother's day to all! Here are today's conservative articles and blog posts from around the web. Moira Herbst of BusinessWeek offers input on signs that could indicate an economic recovery has begun. Alfred Tella reports on a discrepancy in recorded job loss numbers and...