Taxes

Senate Minority Leader Mitch McConnell tells us the tax issue is behind us and that we can now move on to spending. Really? What makes him think the GOP will succeed this time when it couldn't last time? The just-concluded fiscal cliff deal included no material spending cuts, which the GOP justified by saying it had achieved locked-in rates for most of Bush's tax cuts, which would force Obama…

I hate to break it to those deniers who believe that President Obama's tax-guzzling capacity has somehow been diminished by the fiscal cliff provision to fix "permanent" tax rates. You're dreaming. Several smart columnists and respected conservative editorial pieces tell us that a major silver lining in the crisis deal just concluded is that by agreeing not to reinstitute the Clinton tax…

HONG KONG -- We read about famous people like French film star Gerard Depardieu, who moved to Belgium to avoid a 75 percent income tax on millionaires proposed by France's Socialist government (a measure rejected last week by a French council, though French leadership has vowed to resubmit a similar proposal). Then there is Eduardo Saverin, who took the extreme step of giving up his U.S.…

George Will spoke an inconvenient truth about the media Sunday that should have everyone of its members sitting up and taking notice. Appearing on ABC’s This Week, Will said, “The journalistic narrative about Washington today is 180 degrees wrong” (video follows with transcript and commentary):

CNN’s Candy Crowley asked a question of Sen. Dick Durbin (D-Ill.) on State of the Union Sunday that should have all American wage earners quaking in their boots. “Do you think that taxes have been raised enough on the wealthy?” (video follows with transcript and commentary):

Getting reactions to the “fiscal cliff” deal/postponement from Alan Simpson and Erskine Bowles – they of the much-cited “Simpson-Bowles Commission” – Meet the Press host David Gregory wistfully speculated on what might have been, had only Republicans agreed a year ago to raise income taxes. He cued up Bowles: “Had Republicans conceded the point on revenue earlier, say, in 2011, could we have…

Imagine the situation of poor DUer NCTraveler. He makes a post at the Democratic Underground complaining about the increase in 2013 taxes that now takes a bigger chunk out of his paycheck. No big deal he must have thought. Just another post among thousands. In fact, he probably forgot about the post by the next day...until Rush Limbaugh read it for all the world to hear and laugh at. Now panic…

If you think that the DUers at the Democratic Underground or the Daily Kos Kossacks would be mostly outraged over the fact that Al Gore tried to avoid paying his "fair share" of taxes on the wealthy when he attempted to sell his low rated Current TV to Al Jazeera before the beginning of the year, then I have some carbon credits I would like to sell to you. In addition, "Mr. Environment" sold…

On Wednesday, as President Obama signed -- er, auto-penned -- the legislation preventing the onset of the "fiscal cliff" passed by Congress the previous day, the establishment press was busy understating its impact. A Friday evening Wall Street Journal editorial (note: not a regular news report) in today's print edition lays out the gory details. But first, I will cite four examples of…

The start of the new year always ushers in new taxes that people are expected to pay rather than find ways to keep as much of their money as possible. At least, that's what liberals claim others should do. But on Thursday, Fox News Channel's Bill O'Reilly charged that former vice president Al Gore is a hypocrite for attempting to sell his low-rated Current TV cable channel for an estimated $…

CNN reporter Ali Velshi thrashed Republicans and conservatives during last weekend's fiscal cliff negotiations. As Tim Graham of NewsBusters already reported, Velshi "clearly doesn't care about looking objective" and showed it when he opened fire on Grover Norquist last week and declared that taxes must go up on the wealthy. In what became a tired liberal rant, Velshi pushed that argument…

President Obama will kick off the new year the same way that he kicked off the old year: by demanding that the wealthy pay their "fair share" in taxes. But while millions of small-business owners, struggling entrepreneurs, inventors and investors brace for a double whammy of fiscal cliff tax hikes and new Obamacare taxes, the class-warrior in chief's richest pals are getting a pass. It's a…

“No more tax revenue! None. NONE.” That was not the cry of a dyed-in-the-wool conservative politician. Rather it was Jim Cramer, CNBC’s own host of “Mad Money,” speaking to the upcoming fight in Washington over the debt ceiling. [See video after the jump]

If you are reading this blog post, you are in a minority of your fellow citizens in several ways. Firstly, you actually care about politics. Most Americans do not. Secondly, you care enough about being informed about political issues that you actually are interested in going out of your way to read up on conservative positions. Thirdly, if you are a conservative reading NewsBusters, you are…