Taxes

On Wednesday's CBS This Morning, Charlie Rose promoted a talking point used by liberals, including President Obama, that Warren Buffett and other billionaires want their taxes raised. After playing a clip of Chris Christie ripping Buffett, Rose asked Jack Welch, "Do you agree with the governor of New Jersey, or do you agree with...Buffett, that there ought to be more tax on the super-rich?"…

Newsweek's Eleanor Clift on PBS's McLaughlin Group Friday voiced predictable praise for President Obama's just released budget claiming you can't "drastically cut a deficit before you invigorate the economy or you’re going to look at a lost decade." National Review's Rich Lowry quickly refuted this nonsense telling his progressive co-panelist, "This isn’t a Keynesian budget. It’s a flat out…

Syndicated columnist Charles Krauthammer on Friday marvelously exposed the poor state of American politics and today's media. While the entire panel on PBS's Inside Washington gushed and fawned over this week's bipartisan agreement to extend the payroll tax holiday through the rest of 2012, Krauthammer said it was like buying crack cocaine - "A payroll tax cut has no effect at all, it’s going…

In an attempt to frame Republican opposition to the President's 2013 budget proposal as merely political posturing, NBC Today co-host Ann Curry announced to viewers on Tuesday: "President Obama unveiled his new budget plan on Monday and with this being an election year, his Republican rivals were quick to lash out in opposition." In the report that followed, chief White House correspondent…

On February 2, Blake Ellis at CNN Money (HT to a NewsBusters tipster), in an item which treated minor regulatory changes relating to annuities as some kind of "rescue plan" for retirees, gave President Obama credit for "measures ... (he) has put in place to help Americans save for retirement, including automatic enrollment in 401(k)s." There's no word on whether Ms. Ellis also believes that…

National Journal's Ron Brownstein challenged the assumption that the Bush tax cuts created much economic growth, noting that they failed to stem the rising number of Americans living in poverty. Brownstein made his liberal points Thursday morning on CNN to guest Rep. Paul Ryan (R-Wisc.). "What in that record gives you confidence that extending those tax cuts will produce better economic…

The media may be busy trying to reelect Barack Obama, but it's never too early for them to start grooming the 2016 field. Look no further than the Washington Post, for example. "O'Malley to set ambitious agenda," read the teaser headline posted this morning at the  Post's website. "Watch the Maryland governor deliver his sixth State of the State address now," read the caption beneath a photo…

Oh joy. Today at the Associated Press, aka the Administration's Press, in response to the Congressional Budget Office's release today of an awful 10-year baseline outlook, Andrew Taylor made sure that his first paragraph was only about the projected "dip" in the fiscal 2012 deficit, and dedicated his second paragraph to the bad things that will happen if "the Bush tax cuts" are extended and…

The ridiculous media hypocrisy concerning all the fuss over Republican presidential candidate Mitt Romney's wealth and income tax rate was perfectly demonstrated on MSNBC's Morning Joe Monday. After claiming that Romney's "tax issue is not remotely" past him, John Heilemann, the National Affairs editor for New York magazine, admitted that he never reported John Kerry's income tax rate during…

A report carried at CBS News in St. Louis from Jim Anderson of the Illinois Radio Network (IRN), which appears to be a private entity, tells readers that a research study (summary; PDF of relevant chapter) published by the Institute of Government and Public Affairs (IGPA) at the University of Illinois has identified "a combination of tough policies (which) could bring the state into fiscal…

The ignorance of HBO's Bill Maher was oozing from every nook and cranny of his being Friday night. After telling his Real Time audience that the national debt has only gone up by $1.5 trillion under Obama, the host during the Overtime segment actually said, "Mitt Romney we found out made $27 million, only paid 11 percent in taxes” (video follows with transcribed highlights and commentary,…

How many times have you watched a political talk show and just couldn't imagine the nonsense coming out of some liberal pundit's mouth? On PBS's McLaughlin Group Friday, Newsweek's Eleanor Clift said something so absolutely absurd about tax cuts that U.S. News and World Report's Mort Zuckerman did a double facepalm on camera in disbelief (video follows with transcript and commentary):

In what amounted to a love letter to California's Democratic Governor Jerry Brown on Thursday's NBC Nightly News, special correspondent Tom Brokaw gushed: "It's not sunshine every day for the California economy, but Jerry Brown has not given up on big dreams. His new big dream, a high-speed rail line from the north to the south..." Anchor Brian Williams set the scene for Brokaw's fawning…

On Thursday's CBS This Morning, Charlie Rose took issue with Senator Marco Rubio recently attacking President Barack Obama for being 'divisive.' When Rubio tried to point to the President's State of the Union address as an example, Rose interrupted and replied, "I saw him honoring the military of America and a lot other things where we should be coming together. That doesn't seem to be divisive…