Taxes

President Obama, new French President Francois Hollande and other political leaders have called for less "austerity" as a way to help the troubled economies on both sides of the Atlantic. That's the polite way of saying they want more government spending and larger deficits. But U.S. voters have a fundamentally different view. Sixty-one percent believe that cutting government spending is what…

Leave it to America's strongest ally in the world to speak the truth. On Thursday, England's Telegraph published an article with the absolutely glorious headline "Britain Can’t Afford to Fall for the Charms of the False Economics Messiah Paul Krugman":

We already know that the punitive tax hikes on a small number of wealthy individuals favored by liberals will do almost nothing to pay off the national debt. What we didn't know is just how divided Democrats are as to who will get the shocking tax increases. The Hill reports today that congressional Democrats can't agree on who should be targeted to pay more in taxes, those families making $…

Reuters columnist Chrystia Freeland must have editors who don't question her judgment very much. How else do you account for this gem making it into her final draft today?: Like anorexics, who think they are grossly fat when they are very thin, the American body politic is suffering from a national version of body dysmorphia, with nearly half the country believing taxes are high, when they…

A bogus report published by MarketWatch Tuesday claiming "under Obama, federal spending is rising at the slowest pace since Dwight Eisenhower brought the Korean War to an end in the 1950s" has been all the rage at the White House and MSNBC. Conservative columnist Ann Coulter correctly observed Wednesday:

PolitiFact decided to get cute with words and nail an accurate statement by a conservative advocacy group as "Mostly False" for supposed contextual issues. This is not the first time that the fact-checking outfit has labeled an accurate statement "Half True" or "Mostly False," as it did twice to the Romney campaign. According to PolitiFact's Bill Adair, who appeared on CNN Monday afternoon,…

Although it may not surprise NewsBusters readers, it appears MSNBC's Ed Schultz doesn't pay any attention to what he says, what others on his network report, or what is covered by any mainstream media outlet. What else could be the explanation for Schultz claiming in an interview with Talking Points Memo that the most under-covered story in the country right now is wealthy people not paying…

New York Times columnist Paul Krugman on Sunday continued his campaign to get Barack Obama reelected by misinforming the public about the economy. Appearing on CNN's Fareed Zakaria GPS, the Nobel laureate falsely claimed Republican presidential candidate Mitt Romney wants to enact Greece's failed economic policies here in America (video follows with transcript and commentary):

"Sometimes you do wonder if [Republicans] are moles, Manchurian candidates for I don't know who, if their real job is to bring down America." So said New York Times columnist Paul Krugman on MSNBC's Martin Bashir show Friday (video follows with transcript and commentary):

I have a serious question for MSNBC's Chris Matthews: How many lies are you willing to tell on national television to get Barack Obama reelected? On Friday's Hardball, the host gave viewers a plethora of falsehoods and half-truths to giving us an idea of just how far he's prepared to go this election cycle to make sure the objection of his affection remains in the White House (video follows…

Appearing as a guest on Thursday's Hannity show on FNC, comedian Jon Lovitz complained that he finds President Obama's attacks on the wealthy to be "hypocritical" while the President raises so much campaign money from wealthy donors, including from Wall Street, and criticized Obama for "selling" a "victim mentality." After asserting that he does not regret voting for Obama, but that he is…

Here we go again. The State of California's budget is again in crisis, facing a budget deficit of $16 billion, which is $6.8 billion higher than projected mere months ago. Governor Jerry Brown is browbeating residents to pass tax initiatives in November which include "a quarter-cent increase in the state sales tax for four years and a seven-year hike on incomes of $250,000 or more that will…

CNN's Fareed Zakaria asked a question this weekend guaranteed to raise some eyebrows not only on both sides of the aisle but also on both sides of the Atlantic. On the program bearing his name, Zakaria amazingly asked Sunday if the economic problems in Europe are caused by democracy and not austerity (video follows with transcript and commentary):

Appearing as a guest on Wednesday's The O'Reilly Factor on FNC to discuss his recent criticism of President Obama on the tax issue, former Saturday Night Live comedian Jon Lovitz accused President Obama of being "not honest" in criticizing the wealthy for not paying enough taxes, complained that the President is being "divisive," and asserted that "it makes me angry" because Obama is "pitting…