This week, the left-leaning Economic Policy Institute (EPI) offered its solution for jumpstarting the lagging economy -- more government spending. EPI's President, Lawrence Mishel advocated a new tax-and-spend plan to the tune of "$500 billion or more in government spending, employment tax credits...
"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
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
It’s A Stimulus Stupid! Part Two! Last week when I left all you wonderful viewers we were talking about the alternative minimum tax increase found in the American Recover and Reinvestment Act of 2009. Now it is our duty to move on and uncover more of the nonsense that was passed off as “stimulating...
Posted to
AIP Blog
by
AIP Admin
on 05-12-2009
Filed under: senate, congress, wasteful spending, economy, budget, treasury, pork, stimulus package, government spending, taxes, stimulus, economic recovery, economic crisis, spending, education, taxpayers
Like the proverbial frog in a pot of heating water, we tend not to notice how ridiculous our tax situation has gotten until it's too late. I think it's useful to be reminded once in a while of just how intrusive our government has gotten in its quest to fund the gargantuan programs the President...
Posted to
AIP Blog
by
Jimmie Bise
on 05-08-2009
Filed under: budget, government spending, taxes, Tax Foundation