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
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
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...
Posted to
AIP Blog
by
Matt Margolis
on 05-13-2009
Filed under: taxes, health care, socialized health care, public healthcare, tax issues