Taxes

Drudge 'Liberty Tax' Update: A CPA Firm Employee Weighs In
March 27th, 2014 10:25 AM
One of the odd things about the weekend pot-stirring by Matt Drudge over his stated inclusion of one-quarter of his estimated 2014 "Obamacare penalty" tax for not carrying health insurance coverage this year — calling it a "liberty tax" — is that few if any of those who criticized him seem to have bothered to consult with a tax practitioner for an expert take on the matter before what we now…

Chicago Trib 'Forgets' Illinois' Unpaid Bills in Covering Dems' 'Milli
March 22nd, 2014 8:57 PM
I would say "Only in Illinois," but I suspect that other states have similar problems and would propose "solutions" just as nutty as the Democratic state Speaker Michael Madigan and his party have chosen.
The state has an unpaid bills backlog of $5.8 billion, meaning that vendors are going months before they get paid. We're supposed to be thrilled that this total is down from $8.8 billion…

Outraged MSNBCer: ‘Is It Even Legal’ For Restaurant to Add ObamaCa
March 3rd, 2014 5:24 PM
You reap what you sow. Most MSNBC hosts have excitedly touted ObamaCare over the past four years, despite warnings that the law would increase costs for businesses. Well, now we are beginning to see the natural consequences of what the health care law is doing to businesses, and at least one MSNBC host is upset by it.
On Saturday’s Weekends with Alex Witt, Ms. Witt was incensed that Gator’s…
Leftist Editor Fears Higher Sales Tax in Wisc. Would Be ... 'Job Kille
February 12th, 2014 8:52 AM
At this rate, Ruth Conniff may not last much longer as political editor of the Progressive magazine, a venerable left-wing periodical.
Last week, for example, while a guest on Ed Schultz's radio show, Conniff became quite possibly the only liberal in America willing to acknowledge the obvious -- that President Obama's much-ballyhooed executive order to raise the federal minimum wage in…
Media Millionaires: 6 Wealthy Journalists Whine about Income Inequalit
January 28th, 2014 10:19 AM
If liberals have their way the State of the Union will be all about income inequality. That kind of speech would be cheered by many in the press, including several hypocritical millionaires who love to complain about the one percent.
The broadcast networks already took up this banner, promoting left-wing complaints about inequality and arguing for liberal solutions, in recent years. Well-paid…

Scarborough To Rich Who Shield Money Abroad: 'You're Not Welcome in th
January 21st, 2014 8:49 AM
Is Joe Scarborough taking tips from NY Governor Andrew Cuomo? Cuomo recently declared that conservatives who are pro-life, pro-Second Amendment and opposed to gay marriage "have no place in the state of New York."
On today's Morning Joe, Scarborough took things a step further, telling rich people who shield money abroad to reduce their taxes "you're not welcome in the United States of…

Daily Beast's Daly Hails De Blasio Inaugural Manifesto, Says Leftist M
January 2nd, 2014 1:16 PM
Even as he hailed Bill de Blasio's "progressive revolution," The Daily Beast's Michael Daly sought to downplay fears that the newly-sworn-in mayor was a radical leftist intent on soaking the rich. Instead Daly practically painted a picture of the Democratic politician as a drum major leading the "march" to a more "equal" New York.
While noting de Blasio was a "leader speaking much the same…

LA Times: Finally, There May Be an 'Answer to the Koch Brothers' — A
December 23rd, 2013 12:50 PM
Did you know that the left has been almost completely starved for funding all these years? Why, there's almost nobody out there providing seed money for "community organizers," activists, and "advocacy groups" to offset the evil impact of the Koch brothers.
Continuing an establishment press meme going back at least to April, as NewsBusters' Tim Graham noted at the time, that's the impression…
Politico's Kelsey Snell Sloppily Decries Indiana's Economic Progress
December 23rd, 2013 10:28 AM
Kelsey Snell "is a tax reporter at POLITICO Pro." Her output in a column entitled "Indiana lures 'Illinoyed' biz with tax breaks" makes one wonder how she arrived at her current position.
Snell's piece is riddled with striking omissions and lame progressive talking points. But the most jaw-dropping element in her report is her clear inability to detect erroneous numbers which she and her…

Gingrich Schools Reich: 'Every Major City Which Is a Poverty Center Is
December 15th, 2013 12:57 PM
ABC This Week viewers were treated to a classic conservative versus liberal debate Sunday.
When former Clinton labor secretary Robert Reich tried to blame the increase in poverty in the past five years on Republicans, former Speaker of the House and current CNN host Newt Gingrich called it "baloney" firing back, "Every major city which is a center of poverty is run by Democrats" (video…

AP's Report Bemoaning Income Inequality Says You're 'Rich' If You've E
December 10th, 2013 2:14 PM
Monday evening at the Associated Press, aka the Administration's Press, Hope Yen, with the help of lead AP pollster Jennifer Agiesta and three other reporters, tagged 20 percent of Americans as "rich."
To do so, she reinvented what it is to be "rich" or "affluent." It apparently has nothing to do with how it is normally defined, i.e., based on current net worth (assets owned minus debts owed…

Greenspan: ‘Government Intervention Has Been So Horrendous' Business
December 8th, 2013 11:42 AM
Former Federal Reserve Chairman Alan Greenspan made some rather ominous economic observations Sunday.
Appearing on CNN’s Fareed Zakaria GPS, Greenspan said, “[T]he level of uncertainty about the very long-term future is far greater than at any time I particularly remember.” He blamed it on “government intervention [that] has been so horrendous that businesses cannot basically decide what to…

WashPost Article (or Press Release?) Promotes Raising Gas Tax by 15 Ce
December 6th, 2013 7:54 AM
With anti-tax Republicans in control of the House, it’s a little odd that The Washington Post would devote a story on Thursday to liberal Democrat Earl Blumenauer’s proposal to raise the federal gas tax by 15 cents a gallon.
It was stranger that reporter Ashley Halsey III seemed ordered to produce a Blumenauer press release, quoting absolutely no opposition to such a tax hike, instead…

The New York Times' Latest Wrongness for the Leftist Cause – Bad Job
November 7th, 2013 9:11 AM
The New York Times has been notoriously biased and wrong for a long, long time. On things large and small. The Old Shady Lady is at least consistent - if they want to advance Leftism, no facts shall impede them.
Their Ron Nixon is part of a century-plus-old pathetic tradition.