Taxes

CBS anchor Gayle King, an admitted friend of Michelle Obama and a donor to Mr. Obama's reelection campaign, trumpeted the President's record during an interview with Nicholas Ballasy of The Daily Caller on Saturday: "President Obama has done everything that he said he was going to do, and I think people keep forgetting that....if you ask me, I think President Obama is doing a very good job…

Apple -- the world's most valuable business and an engine of economic growth and personal freedom across the United States and around the world -- is coming under fire because it had the nerve to structure its global business in such a way that saves the company on taxes. The New York Times has a very lengthy story exploring all of the ways that Apple minimizes its tax bill. The article,…

At the New York Times on Saturday (in Sunday's print edition), reporters Charles Duhigg and David Kocienewski, in a report riddled with conceptual flaws and misleading statistics, bemoaned "how technology giants have taken advantage of tax codes written for an industrial age and ill suited to today’s digital economy." They focused their attention almost entirely on Apple, seemingly in…

There ought to be a law against newscasters blatantly lying to the public. On Monday, MSNBC's Martin Bashir falsely claimed the economic plans put forth by Great Britain and Spain are "the Romney-Ryan budget in action...almost exactly, word for word" without informing his viewers that those countries raised taxes to fight their deficits (video follows with transcript and commentary):

Google Chairman Eric Schmidt gave a much-needed economics lesson to New York Times columnist and Nobel laureate Paul Krugman on ABC's This Week Sunday. During a lengthy discussion about liberal and conservative views on how to stimulate the currently soft recovery, Schmidt - a known Barack Obama supporter - marvelously said to his left-leaning co-panelist, "Surely you're not arguing that the…

A truly shocking thing happened on CNN's Fareed Zakaria GPS Sunday. The perilously liberal host - with journalistically corrupt ties to the current White House - came out against the millionaires' tax known as the Buffett Rule calling it "bad politics in the long run for Obama" (video follows with transcript and commentary):

The Washington, D.C.-based Tax Foundation does a yeoman's job of keeping track of how much we're paying in taxes and who's paying what. It turns out that American taxpayers worked this year from Jan. 1 to April 17, 107 days, to earn enough money to pay their federal, state and local tax bills. That statistic requires some clarification, and I ask my readers to help me examine it. According to…

The mainstream media rarely like the very rich, but billionaire Warren Buffett is the exception. The Berkshire Hathaway CEO remains unscathed, even adored by the liberal news media due to his liberal politics. After all, it was Buffett who called for higher taxes on millionaires and billionaires. His call for increased taxes was unsurprisingly embraced by class-warfare loving Obama…

CNN host Fareed Zakaria, who admitted last year that he held off-the-record conversations with President Obama even though he was covering the President's foreign policy, has now expressed his support for the Buffett Rule – legislation that Obama has pushed for in recent weeks. Zakaria is reportedly on the short list of considerations for Obama's next Secretary of State if the President is…

CNN may claim to be the serious, centrist news network but it says something about its broadcast when a liberal comedian is a regular panel member and is allowed to toss slanted, obnoxious questions at a Republican guest. Such was the case on Tuesday's Starting Point when comedian John Fugelsang tried to stick it to Rep. Jeb Hensarling (R-Tex.) Discussing the Buffett Rule, Fugelsang framed…

"Forgive my skepticism -- all right, I guess you can call it cynicism -- but the more I look at Obama's return, the more it strikes me as being a much more a political document than a financial document," Fortune magazine senior editor Allan Sloan noted in a column in today's Washington Post. "Despite Obama having significant net worth, his return shows not a penny of tax-advantaged capital…

For months, President Obama and his faithful media minions have been engaging in a shameless class warfare campaign to convince the American people that regardless of the facts, rich people pay less in taxes than average citizens. On Tuesday, CNN.com reported the news that this misinformation campaign has succeeded, and almost 70 percent of the nation now believes the tax system favors the…

On Monday's NBC Nightly News, correspondent Peter Alexander played up comments Mitt Romney made at a fund-raiser in Florida about cutting government programs as if the GOP presidential candidate's proposals were politically damaging, with the NBC correspondent asserting that Romney's remarks "out of the view of cameras have caused a stir." Alexander also suggested that the Romneys had been…

On Monday's Morning Edition, NPR's Barbara Bradley Hagerty touted how "liberal religious leaders said the Republican [budget] plan...was an affront to the Gospel, and especially Jesus's command to care for the poor." At the same time, Hagerty avoided mentioning the left-wing ideology of two critics of the proposal: Peter Montgomery of People For American Way, and liberal academic Stephen…