While the Obama Administration continues their so-called “Recovery Summer” tour claiming the Democrats’ stimulus bill “saved or created” three millions jobs, the facts show 47 out of 50 States have lost jobs since stimulus passed. The table below compares the number of jobs the Administration currently claims its stimulus has somehow created in each State (center column) with the actual…
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Get ready to pay higher taxes in 2011 thanks to Democrats in Washington. Starting January 1, 2011 – less than six months from now – an unprecedented, $3.8 trillion tax increase is scheduled to kick in, affecting every American who pays income taxes. This Democrat tax hike will force hard-working Americans to pay over $200 billion in higher taxes next year alone.
What are some of…
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If it seems as if the tax code was conceived by graphic artist M.C. Escher, wait until you meet the new and not improved Internal Revenue Service created by ObamaCare. What, you're not already on a first-name basis with your local IRS agent?
National Taxpayer Advocate Nina Olson, who operates inside the IRS, highlighted the agency's new mission in her annual report to Congress last week.…
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In his August 1953 message to Congress, President Eisenhower referred to retirement systems as “a reflection of the American heritage of sturdy self-reliance which has made our country strong and kept it free; the self-reliance without which we would have had no pilgrim fathers, no hardship-defying pioneers, and no eagerness today to push to ever widening horizons in every aspect of our…
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Washington, DC – Ways and Means Ranking Member Dave Camp (R-MI) today sent Treasury Secretary Timothy Geithner a letter requesting clarification and elaboration on his recent statement that tax rates on dividends and capital gains would not exceed 20 percent. In contrast to Secretary Geithner’s statement, congressional Democrats’ pay-as-you-go law calls for the top statutory tax rate on…
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Despite an unemployment rate stuck near 10 percent and millions of job losses in the wake of the 2009 stimulus plan, the Obama Administration continues to pat themselves on the back for the comparative trickle of job growth since the start of 2010. For example, today Vice President Biden will unveil the Council of Economic Advisers’ latest report on “job growth” supposedly resulting…
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Washington, DC – Ways and Means Republicans today sent a letter to Ways and Means Chairman Sander Levin, requesting a hearing with the recently installed Administrator of the Centers for Medicare and Medicaid Services (CMS), Dr. Donald Berwick. The Republicans called for the hearing to learn from Dr. Berwick about how he will oversee the implementation of the health care overhaul and his…
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Buried in the Democrats’ trillion dollar health care bill is another small business nightmare. Through an expanded tax filing requirement, Democrats slapped 40 million businesses, charities and other entities with burdensome new paperwork and increased compliance costs. The new rule, set to take effect in 2012, will require small businesses to file a 1099 tax form for every business to…
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President Obama and Democrats repeatedly told Americans that if they liked the health plan they have, they can keep it. Sounds good. Too bad it’s not true.
As a result of the Democrats’ health care law, residents in Virginia have already lost access to one health care plan and now many residents in Maine could lose theirs as well. If this trend continues, millions of Americans will…
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I don't have much in common with my friend Rob.
Rob (I'm changing his name here so he won't yell at me) owns a 60-employee roofing company near me in Oreland, Pa. I run a 10-person information technology consulting firm. Rob has tattoos snaking up both of his arms. I have a mosquito bite on my left shin. Rob spends his days outside, in all weather, climbing up buildings and trading dirty…
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