Taxes

Do Americans share President Obama's desire to impose redistributive social justice on the well off? In liberal Washington State, of all places, voters gave a definitive answer this Tuesday: No! The resounding rejection of a punitive "Robin Hood" initiative shows that it's not just red-state Republicans who oppose extreme tax hikes on the nation's wealth generators. As Capitol Hill resumes…

Christine Amanpour spent much of Sunday’s This Week arguing with her guests about how taxes must be raised -- a theme also echoed on Face the Nation and Meet the Press -- as she brought aboard the media’s newest hero, tax-hike advocate David Stockman, and also touted Warren Buffett’s quest to hike taxes and how even conservatives in Britain have agreed to do so: “They’re saying there for every…

It's strange how this "mandate" thing works, at least at the Associated Press. In Ohio, Republican John Kasich defeated incumbent Democratic Governor Ted Strickland on Tuesday with a victory margin of about 2.5%, or almost 100,000 votes. Strickland is the first incumbent Buckeye State governor to lose a reelection bid since Democrat John Gilligan lost to Republican Jim Rhodes in 1974. In that…

During her 1PM ET show on MSNBC on Friday, host Andrea Mitchell decried President Obama showing willingness to extend all the Bush tax cuts: "We got the big hint from Robert Gibbs yesterday that that is now on the table as far as the President's concerned. How does extending tax cuts for the very – the wealthy, the millionaires, how does that help the unemployed?" Mitchell directed that…

 On Thursday’s Countdown show on MSNBC, as he plugged a segment on Senate Minority Leader Mitch McConnell’s appeal to President Obama to cooperate with the GOP, host Keith Olbermann suggested that Obama should "kick" the "ass" of McConnell rather than surrender to the Republican Senator’s demands. Referring to McConnell during a plug, Olbermann complained: "Once again, he honestly explains what…

Bill Press says what most liberals in the media will only shroud in cryptic code: the voters who swept Democrats out of power in the House are stupid. During the first hour of his eponymous radio program today, Press wished more liberal politicians would just say what they really think about the constituents they ostensibly serve: "Just once – probably never get reelected if you ever said it…

On Thursday's CBS Early Show, co-host Harry Smith saw Republican goals to limit government spending as antithetical to improving the economy: "How do you unleash the economy and not spend any money, oh, by the way, because that's the other mandate, is don't increase the deficit and don't – don't – 'I don't want one more cent of tax on me.'" Smith put the question to Time magazine Washington…

When the House voted to adjourn about a month ago by a 210-209 margin, Speaker Nancy Pelosi, D-Calif., and her cronies avoided dealing with extending the 2001 and 2003 Bush tax cuts, which expire Dec. 31. Rather than address the tax issue, the Senate also voted to adjourn. Instead, Congress is holding a lame-duck session beginning Nov. 15. What that means is whether or not you elect them back…

For newly empowered congressional Republicans, priority one must be an extension of the Bush tax cuts. There should be enough votes not only from a new Republican majority, but also from some of the decimated and dispirited (and even newly elected) Democrats. If President Obama is smart, he won't veto the bill. If the tax cuts are allowed to expire, everyone who gets a paycheck and has taxes…

One of the more egregious results of the Democrat-controlled Congress skipping town without passing a budget, thus failing to address the issue of whether scheduled income tax increases will really go into effect for everyone, the highest income-earners, or no one at all, is that the Internal Revenue Service and employers have been left in the lurch with no idea of how to prepare for next year…

Barely 36 hours before Washington State voters go to the polls, CBS News aired a 14-minute unregulated in-kind campaign expenditure on behalf of “Yes on 1098" and its chief cheerleader, Bill Gates Sr, sandwiched by Lesley Stahl hailing rogue Reagan adviser David Stockman as “brave” for advocating the end to the Bush tax rates and imposition of a 15 percent national income surtax. Stahl…

Liberal Democrats love to couch increased government spending as "investments." It's smart political marketing, but it's a less-than-truthful spin on what government spending is or does. When's the last time you got a dividend check from your state government giving you your share of the "profit" from a road or bridge project? But it's when journalists buy into that spin that we at…

On Thursday's Newsroom, CNN's Fareed Zakaria endorsed a predictably liberal solution to get the American economy moving again: enact more taxes and implement new government programs. Zakaria called for a national sales tax and advocated new government spending on "research and technology" and "upgrading the infrastructure." The CNN host also labeled tax cuts "bad stuff." Anchor Ali Velshi…

It appears Juan Williams’ firing is just what the public needed to realize their tax dollars are being poorly handled through subsidies from the federal government given to the Corporation for Public Broadcasting to prop up National Public Radio. However, “Red Eye” host Greg Gutfeld makes the most reasonable case not to deprive NPR of its taxpayer subsidies. On the Oct. 23 broadcast of his…