Taxes

It took a couple of tries, but CNN "American Morning" co-anchor John Roberts got Democratic presidential hopeful Barack Obama to admit what people probably already knew - Obama wants to raise taxes. Obama appeared in an interview with Roberts on the January 9 "American Morning" fresh off his second place finish in the New Hampshire Democratic primary. He told Roberts high taxes were in the…

California Gov. Arnold Schwarzenegger (R) is proposing a new insurance surcharge to plug a budget gap that conservative critics are calling a tax. And objectively speaking, it really is a tax. But the L.A. Times was careful to avoid attributing the T-word to the idea.Here's the teaser from the Times Web site's front page:Gov. urges levy on insuranceBy Marc Lifsher and Evan HalperPlan calls for 1…

A few months after cheering Martin O'Malley's successful push for tax hikes, the Washington Post's John Wagner is lamenting the Democratic governor may have to settle for a "modest" agenda in 2008 due to budget constraints.Don't hold your breath for similar concern about everyday Marylanders and how they may have to settle for more modest spending thanks to tax hikes, particularly a boost in the…

A hard-hitting subscription-only editorial in the Wall Street Journal today needs some reinforcement. That's because Californians relying on Old Media for their news about the Golden State's dire financial situation are being conditioned to believe that only a tax increase will solve the state's problems. The latest offering in that regard is a Field poll covered at the San Jose Mercury News and…

Congressional "Pay-As-You-Go" budgeting translates to perpetually bigger government Originally published on December 21st by Human Events. The New Seal of the Federal GovernmentWant to ensure the growth of government?  Forever?The media does, and they have with Liberals devised the perfect way to do it.  It is the "pay-as-you-go" Congressional budgeting rule -- Pay-Go.  It requires every move…

When Larry Summers suggested in early 2005 that, as paraphrased by Slate's William Saletan, "innate differences between the sexes might help explain why relatively few women become professional scientists or engineers," the outcry was immediate, furious, and went to saturation level virtually overnight. The controversy ultimately led to his resignation a year later as Harvard President. On…

Barely four years after California's historic recall of sitting Governor Gray Davis and Arnold Schwarzenegger's landslide election to replace him, the Golden State is, again, in a budget crunch of its own making. Oh, it's not as bad as the Gray days -- yet. The $35 billion budget deficit Davis papered over long enough to win reelection in 2002 over Bill Simon, with the help of the state's…

You know all that nonsense the media have been spewing that the Bush tax cuts caused the rich to get richer and the poor to get poorer? Well, the Internal Revenue Service and the Congressional Budget Office have published tax and income numbers for 2005, and the press couldn't be any more wrong. In fact, it's almost as if the media get their data from Democrat presidential candidates, and…

The market is good for corn farmers right now. Corn prices are reaching highs because of the increased demand for food and as of late, the increased demand for corn-based ethanol. The price of corn is at an 11-year high. Its $4.38-a-bushel price tag is fueling food inflation, according to the December 17 "CBS Evening News." However, that's contrary to what CNN Chief Medical Correspondent Dr…

On Sunday's This Week, ABC's George Stephanopoulos pressed former Federal Reserve Chairman Alan Greenspan to agree on the wisdom of raising taxes. Stephanopoulos wondered “what would be wrong with letting the tax cuts for the top one percent expire?” and suggested that to “shore up” Social Security and Medicate that Congress “limit the tax cuts.” Citing a Congressional Budget Office study, “which…

This is up on Drudge at the moment: Yes, the viciousness is being directed at Democrats for not being spendthrift enough. It's too early to tell whether President Bush and congressional Republicans have outmaneuvered the Democratic congressional majority, but it's looking that way. Old Media doesn't like it, and their inability to successfully buck up their side, one bit. In the Washington Post'…

After speaking against the death tax last week, "View" co-host Whoopi Goldberg said "people are very annoyed" with her and reliably left Joy Behar attacked with her pro-tax liberal spin. The December 12 edition of "The View" featured country star and politically conservative guest co-host Sara Evans, who also spoke out against the death tax.Similar to her previous statement on the issue, Goldberg…