Taxes

"A massive tax increase, no entitlement reform, and no restraint on borrowing," is what President Obama is demanding Republicans sign off on, Fox Business Network's Stuart Varney noted on Friday's Varney & Co. That's precisely why the Democratic plan is not in any way a serious plan, NewsBusters publisher Brent Bozell agreed. The only thing is the media absolutely refuse to paint the…

CNN's Ali Velshi labeled anti-tax advocate Grover Norquist a "dangerous man" on Friday for blocking a fiscal cliff compromise between Democrats and Republicans. "Hey, speaking of the fiscal cliff, there's been all this focus on one dangerous man who stands in the way of a deal that could avert it, Grover Norquist. He is neither elected, nor has he ever run for office, so why is Washington so…

One bright spot of Barack Obama's re-election was knowing that unemployment rates were about to soar for the precise groups that voted for him -- young people, unskilled workers and single women with degrees in gender studies. But now the Democrats are sullying my silver lining by forcing Republicans to block an utterly pointless tax-raising scheme in order to blame the coming economic…

Congress returned to "work" this week (now there's a laugh) to complete its lame-duck session before taking another holiday. Spending other people's money is a taxing experience. Their task is to avoid the "fiscal cliff," a geological construct of their own making. It doesn't take a genius to predict both parties will try to do two things: (1) reach an agreement that will allow each side to…

A search at the Associated Press's national website on Warren Buffett's last name at about 5 p.m. ET returned two recent items which are still present there. Each item (here and here) mentions the Obama Fan of Omaha's idea to "impose a minimum tax of 30 percent on income between $1 million and $10 million, and a 35 percent rate for income above that." Neither mentions the pathetically small…

NewsBusters publisher Brent Bozell appeared on the November 28 edition of CNBC's Kudlow Report, in his capacity as chairman of For America. Kudlow brought the Media Research Center founder on to discuss the fiscal cliff and the need for Republicans to stand firm on opposing tax hikes, especially in light of the liberal media's tag-teaming with Democrats. "I can't hardly pick up a newspaper or…

New York Times White House reporter Jackie Calmes celebrated President George H.W. Bush's 1990 budget deal "achievement" in her "Debt Reckoning" column Thursday, part of a new feature on the debate over the "fiscal cliff": "Looking for Lessons In the 1990 Budget Deal." The deal was blasted by conservatives as a disaster which failed to close the deficit as promised, because the proposed…

On Thursday's CBS This Morning, new White House correspondent and former Fox News journalist Major Garrett bucked the "militantly non-partisan" label he gave himself over a year ago when he hyped the President's supposed populist stand in the fiscal cliff negotiations with top leaders in Congress: "President Obama is adamant about protecting existing income tax rates for middle-income earners…

Once again, CNN pressed a Republican to support income tax hikes. On Thursday, Starting Point co-hosts Brooke Baldwin and John Berman tried to paint GOP opposition to tax increases as at odds with the American people and a financial expert. "So here is one of the biggest guys in finance on the planet saying that maybe a tax rate increase should be part of a deal. Does he have a point? Can't…

Remember when a person had to actually betray our country before he or she would be labeled a traitor? Now all it takes is steadfast aversion to higher taxes during an era of nosebleed government spending and debt. (video clip after page break)

In an interview with CBS News anchor Scott Pelley last week, Goldman Sachs chairman and CEO Lloyd Blankfein immediately brought up a highly sensitive subject that liberals in the media and highest levels of government refuse to acknowledge: entitlement spending on Social Security, Medicare, and Medicaid are unsustainable at their current rate and need significant reform to ensure those programs…

On Tuesday, Piers Morgan lashed out at "intransigent" Republicans and lectured RNC chair Reince Priebus that now is the time to compromise and increase taxes "to the benefit of the American national interest." "But you Republicans led by Grover Norquist are absolutely intransigent about allowing any raise in taxation, and yet the American public want you to do it," Morgan lectured Priebus.…

It’s the Republicans who are in a bind.  They’re beholden to the will of the evil genius Grover Norquist.  They’re scared to death of The Club for Growth. That's the trite liberal media narrative that CBSNews.com's  Brian Montopoli furthered earlier this morning in a piece in which he forecast that the Republicans, and only Republicans, are in for a bruising in the coming weeks should a "fiscal…

As the media push Republicans to raise taxes, anti-tax advocate Grover Norquist has been taking a pounding. This may have reached a high point Tuesday when MSNBC's Chris Matthews and former Senator Alan Simpson (R-WY.) actually joked about Norquist drowning (video follows with transcript and commentary):