Taxes

An amazing thing happened on the set of ABC's "This Week" Sunday: a liberal tried to extol the benefits of President Obama's unrestrained federal spending only to get completely smacked down by the entire panel.Host Christiane Amanpour began the Roundtable segment of the program by showing some of last week's horrendous economic numbers, and opened the debate about what can be done to improve the…

Fed Chairman Ben Bernanke's first full day as the only person in the whole wide world with any kind of influence over what happens in the economy didn't go too badly. That's the impression one might get from consuming two Friday Associated dispatches and a related AP Video. Bernanke apparently took full charge of anything and everything having to do with the economy on Thursday evening. As…

On Friday’s Countdown show, MSNBC host Keith Olbermann either showed his ignorance of conservative ideology, or he made his latest deliberate distortion to attack conservatives as he suggested that a Republican candidate for Oklahoma governor expressed a negative attitude toward the poor, referred to by Olbermann as "screw the poor," when, in reality, she was making the case that the wealthy are…

On the same day the Commerce Department dramatically revised down second quarter Gross Domestic Product estimates, New York Times columnist David Brooks published a stinging rebuke of Obama economic policies."The American stimulus package was supposed to create a 'summer of recovery,' according to Obama administration officials," wrote Brooks. "Job growth was supposed to be surging at up to 500,…

The New York Times on Tuesday declared what most conservatives knew would happen if Democrats took control of both Congress and the White House: "more Americans - and not just the rich - are going to have to pay more taxes."In its editorial comically titled "A Real Debate on Taxes," the Times predictably argued for a total elimination of the Bush tax cuts, although it favored some partial delay…

David Gregory on Sunday finally got an answer to his question about extending the Bush tax cuts, but it certainly wasn't what he was expecting.For those that have been watching "Meet the Press" this month, the host has been grilling his conservative guests about this issue ever since former Federal Reserve Chairman Alan Greenspan told him on August 1 that tax cuts don't pay for themselves.Having…

George Will on Sunday gave Robert Reich a much-needed history lesson about deficit spending and liberal myths concerning Franklin Delano Roosevelt and Herbert Hoover.As the Roundtable segment on ABC's "This Week" moved to the current state of the economy, Reich predictably called for another stimulus package. "You can't even talk about stimulus because people say, 'Oh, that would create a deficit…

Want to see a textbook example of how the left has tried to frame the debate against extending the Bush tax cuts? Take a look at Cenk Uygur, of "The Young Turks" fame, playing the class warfare/populism card. On MSNBC's Aug. 17 broadcast of "The Dylan Ratigan Show," Uygur was up in arms over the argument that taxes shouldn't be raised by allowing the Bush tax cuts to expire. He alluded to…

Ed Schultz on Thursday blamed Republicans for all the unemployed people living in America today.As he began the most recent installment of the "Ed Show" on MSNBC, the host said, "The Republican Party has been on a crusade against the middle class and the poor for the last 30 years. We're now seeing the wreckage of that race to the bottom line culture."He disgracefully continued, "Today a…

Comedian Jon Stewart on Wednesday joined the growing liberal chorus attacking Republicans for their concerns about rising taxes and exploding budget deficits. The only thing different about the "Daily Show" host's approach was that he needed vulgarity to make his point. Potentially even worse, Stewart in his opening segment Wednesday actually used CNN's Fareed Zakaria to support his view that…

For approaching ten years, America's media have depicted the tax cuts implemented by former President George W. Bush as almost exclusively favoring the rich.This dishonest characterization has picked up steam recently as these tax cuts are about to expire, and the tax-loving press have campaigned for their departure as if a plague on the society.For his part, President Obama is advocating the…

In today's "It Took You Long Enough To Figure It Out" segment, the New York Times is seriously worried that if the only Bush tax cuts that expire in January are those for the wealthiest Americans, the rich still win.Not surprisingly, Jackie Calmes' piece on Wednesday also referred to extending existing law as "tax cuts," a neat little trick the Left employ to give the appearance new cuts are…

Those who don't believe that high taxes on the rich don't influence economic activity or economic behavior, which of course includes many in the establishment press, are going to have a tough time explaining away this brief item that's being reported in the Associated Press: Tour officials hampered by UK tax rules European Tour officials are in talks with the British government over tax rules…

Republican Congressman Paul Ryan of Wisconsin has struck back at Paul Krugman calling the New York Times columnist "intellectually lazy."As NewsBusters reported Saturday, Krugman wrote an article the previous day castigating Ryan as "The Flimflam Man" calling the Congressman a "charlatan" and a "fraud" while claiming his "Roadmap" to balance the nation's budget was "drenched in flimflam sauce…