Taxes

When the House voted to adjourn about a month ago by a 210-209 margin, Speaker Nancy Pelosi, D-Calif., and her cronies avoided dealing with extending the 2001 and 2003 Bush tax cuts, which expire Dec. 31. Rather than address the tax issue, the Senate also voted to adjourn. Instead, Congress is holding a lame-duck session beginning Nov. 15. What that means is whether or not you elect them back…

For newly empowered congressional Republicans, priority one must be an extension of the Bush tax cuts. There should be enough votes not only from a new Republican majority, but also from some of the decimated and dispirited (and even newly elected) Democrats. If President Obama is smart, he won't veto the bill. If the tax cuts are allowed to expire, everyone who gets a paycheck and has taxes…

One of the more egregious results of the Democrat-controlled Congress skipping town without passing a budget, thus failing to address the issue of whether scheduled income tax increases will really go into effect for everyone, the highest income-earners, or no one at all, is that the Internal Revenue Service and employers have been left in the lurch with no idea of how to prepare for next year…

Barely 36 hours before Washington State voters go to the polls, CBS News aired a 14-minute unregulated in-kind campaign expenditure on behalf of “Yes on 1098" and its chief cheerleader, Bill Gates Sr, sandwiched by Lesley Stahl hailing rogue Reagan adviser David Stockman as “brave” for advocating the end to the Bush tax rates and imposition of a 15 percent national income surtax. Stahl…

Liberal Democrats love to couch increased government spending as "investments." It's smart political marketing, but it's a less-than-truthful spin on what government spending is or does. When's the last time you got a dividend check from your state government giving you your share of the "profit" from a road or bridge project? But it's when journalists buy into that spin that we at…

On Thursday's Newsroom, CNN's Fareed Zakaria endorsed a predictably liberal solution to get the American economy moving again: enact more taxes and implement new government programs. Zakaria called for a national sales tax and advocated new government spending on "research and technology" and "upgrading the infrastructure." The CNN host also labeled tax cuts "bad stuff." Anchor Ali Velshi…

It appears Juan Williams’ firing is just what the public needed to realize their tax dollars are being poorly handled through subsidies from the federal government given to the Corporation for Public Broadcasting to prop up National Public Radio. However, “Red Eye” host Greg Gutfeld makes the most reasonable case not to deprive NPR of its taxpayer subsidies. On the Oct. 23 broadcast of his…

The largest tax hikes in history are imminent and it is still unclear whether Congress and President Obama will come to an agreement before January 1. The networks should have seen those tax hikes coming a mile away, but the Business & Media Institute found the primary theme of their tax cut stories was Obama as  the hero, cutting taxes for the middle-class, not as a tax increaser. This…

In August, Ed Schultz reportedly erupted in the MSNBC newsroom over being excluded from the network's election night promos.  According to the NY Post, network honchos threatened to fire Schultz if he pulled a similar stunt again. Could there be some kiss-and-make-up going on at 30 Rock?  Of all the MSNBC personages, the network apparently selected Schultz first to have his own spot in…

There is a simple explanation for President Obama's dismal approval ratings, but ABC's George Stephanopoulos fails to comprehend it. Appearing on the October 13 "O'Reilly Factor," the former Clinton adviser peddled multiple theories to explain Obama's unpopularity, but neglected to consider the possibility that the president has simply failed to connect with the general public. "As far as…

Just in case anyone mistakenly believes Obama has heard (or gives a rip about) the loud voice of the American people rejecting his socialism, appeasement, unconstitutional abuses of power and unpresidential combativeness and divisiveness, let me share a few tidbits. --After House Minority Leader John Boehner, R-Ohio, issued a damning critique of Obama's economic policies, the administration's…

With congressional Democrats divided on how to approach the soon-expiring Bush tax cuts, reliably liberal Newsweek has taken upon itself the task of defending tax hikes, particularly those on the "rich." In back-to-back posts today, Ben Adler sought to dismiss the stimulative effect of tax cuts while Nancy Cook profiled some rich liberals who are allegedly looking forward to their taxes going up…

Brit Hume on Sunday took Juan Williams to task over the Democrats adjourning Congress without voting on extending some or all of the Bush tax cuts.As host Chris Wallace moved the panel segment of "Fox News Sunday" to last week's decision by legislators to head home to their states and/or districts in preparation for the upcoming elections, he asked Williams for his opinion.Williams said that he…

At least Eric Boehlert of the liberal media watchdog group Media Matters isn't opposed to all tax cuts. He's just hazy on when it's actually happened.Appearing on Stephanie Miller's radio show this past Monday, Boehlert praised former president Bill Clinton for cutting taxes on top earners in this country -- when Clinton did just the opposite.Here's the relevant exchange between Boehlert and…