Taxes

CNN's Ali Velshi leaned against extending the Bush tax cuts during a commentary on Tuesday's Newsroom, warning that it "may not be a brilliant idea," and spouted the liberal talking point that tax cuts are a costly matter. Velshi also misleadingly stated that "we have not seen a huge surge in spending."The anchor devoted his regular "XYZ" segment at the end of the 2 pm Eastern hour to the tax…

Interviewing White House senior adviser Valerie Jarrett yesterday, The View's liberal co-hosts repelled Elisabeth Hasslebeck's tough questions on President Obama's failed economic agenda by changing the subject and ignoring their conservative colleague's criticism.Refuting the claim that the economy is "certainly moving in the right direction" despite dismal unemployment numbers, Hasselbeck asked…

If a RINO is a Republican In Name Only, let's coin a new acronym for David Brooks: RINYTO: Republican In New York Times Only.  For only in the Gray Lady's bailiwick could Brooks be considered much of a Republican.Take his current column in the Times.  Brooks warns Republicans on the verge of regaining power that it would be nothing short of a "tragedy" if they were to oppose . . . more government…

New York Times reporter Robert Pear ought to consider moonlighting as a stand-up comic in the tradition of Steven Wright. Wright's deadpan delivery is legendary. Pear's deadpan lines in his article about the immense paperwork burden heading the economy's way in the form of requiring IRS 1099 forms to be issued to each and every person paid $600 or more during the course of a calendar year for…

As NewsBusters has previously reported, liberal Internet publisher Arianna Huffington is breathtakingly ignorant when it comes to basic economic theory.On Sunday, she proved it again by making an absolute fool of herself on ABC's "This Week." With the "Roundtable" segment beginning on the subject of the economy, Huffington noted how the failure of the banking bailout to stimulate growth was "…

If your income tax rate stays the same next year, would you consider that a “tax cut”? ABC anchor Diane Sawyer sure seems to think so. Adopting the Obama/Democratic spin as fact, that maintaining the same income tax rates in place since 2003 constitutes a “tax cut,” even though taxpayers would pay the same amount on the same income, she led Wednesday's ABC World News: It will be the big battle to…

On Tuesday's CBS Early Show, co-host Harry Smith touted President Obama's economic proposals and portrayed Republicans as obstructionist: "Obama's new plan. The President proposes to spend $50 billion on roads, airports, and railways and offers businesses a $200 billion tax cut. But the GOP says not so fast."Later, Smith introduced a report by senior White House correspondent Bill Plante: "With…

With the rise of the Tea Party, their push for constitutional limits on government power and admiration for the wisdom of the Founding Fathers, I thought I’d use this last holiday of the summer as an opportunity to post an item from the MRC’s archive which exposed how a major cable network once tried to discredit George Washington’s moral authority in history, and thus the legitimacy of the…

National Review's Rich Lowry on Sunday had a classic debate with Washington Post columnist E.J. Dionne about whether or not the tax cuts implemented by former President George W. Bush should be allowed to expire.Dionne agrees with President Obama that they should only be extended for folks making less than $250,000 a year; Lowry thinks that raising anyone's taxes right now could send the country…

Filling in for Bob Schieffer as host of Face the Nation, Early Show co-host Harry Smith brought his liberal sensibilities to the Sunday show, pressing his economic panel to agree the Bush tax cuts should not be extended, the stimulus was too small and so another would be wise – even suggesting a return to an FDR-era government make-work jobs program: “What about, say, something like a new WPA?” …

Doing his best in a desperate bid to become relevant, the ever-classy Ed Schultz said this on his radio show yesterday about Republicans and taxes (link here to audio) --They have nothing on the table for the middle class. They have no development whatsoever for the country other than they orgasm over these tax cuts that they just have to have! That's their whole thing! That's their whole…

Can you imagine what would happen to the economy if top wage earners were taxed at 70 to 90 percent?Former Clinton Labor Secretary Robert Reich can, and he thinks it's a great idea.To be sure, many Americans were concerned that giving Democrats control of the executive and legislative branches of our government during an economic crisis could usher back in socialist tendencies first seen in this…

Despite unemployment at 9.5 percent and millions of people having lost their jobs since Barack Obama was elected, Chris Matthews just doesn't understand why anyone would miss George W. Bush.Without naming this week's PPP poll finding Ohioans would vote for Bush over Obama by the tally of 50 to 42 percent if a presidential election was held today, Matthews in the first segment of "Hardball" asked…

Yesterday the Gallup organization released a poll showing that Americans trust Republicans over Democrats on most major issues heading into the general election season. Today the same polling outfit released a poll that found a large number of Americans blame George W. Bush for the faltering economy. Guess which one Gallup partner USA Today hyped?Here's how USA Today staffer Susan Page began her…