Are you really surprised? From the Associated Press: President Barack Obama’s health care overhaul law will increase the nation’s health care tab instead of bringing costs down, government economic forecasters concluded Thursday in a sobering assessment of the sweeping legislation. Meanwhile, the career politicians in Washington, including Obama, are cooking up new ways to raise taxes (But Obama said he… Read more »
The coming tax bomb… (Video wherein some panelists discuss the coming increase in taxes). Wake up, friends.
Here’s a video too true to laugh at. Source article.
Today, Daniel Henninger wrote a very important article for the Wall Street Journal online. You can also watch an accompanying video that takes just a few minutes of your time. I urge you to do so. It’s been clear for a while now– certainly to anyone who regularly listens to NPR– that the Democrats want to turn the United States… Read more »
Federal Reserve Chairman Ben Bernanke said today: “To avoid large and ultimately unsustainable budget deficits, the nation will ultimately have to choose among higher taxes, modifications to entitlement programs such as Social Security and Medicare, less spending on everything else from education to defense, or some combination of the above.” Let’s re-cap here. 01. 10% of Americans are unemployed. 02. … Read more »
Yahoo runs this Associated Press article with the headline, “Nearly half of US households escape fed income tax.” Notice a couple things. 01. The word “escape” implies that the households (families) are getting away with something, almost as if they’re cheating the system. Truth: For better or for worse this is the nature of the system as it currently stands. These… Read more »
Dan Mitchell presents some reasons why the government take-over of healthcare so destructive to our nation. He also has some ideas concerning tax reform that are worth looking into.
It’s not perfect, but it would be a step in the right direction. Yet, I think there’s no way we’ll see such legislation enacted in our lifetimes. I pray that I am very wrong. Even the author of the legislation, Paul Ryan, has stated as much in interviews. He knows the political landscape would have to change drastically before such… Read more »
Here are your two choices: Either Obama actually believes that hundreds upon hundreds of billions of dollars in new government spending is the way to get the government out of debt (moronic much?), or Obama brazenly mislead not only his supporters (who were foolish enough to believe him in the first place), but he also mislead the American people (who… Read more »
Charles Krauthammer wrote this piece a couple days ago. It’s must reading for all. He explains the almost inevitable next move of Obama to pay for this mammoth new government healthcare program. What is that next move? A brand new tax. It’s called a Value Added Tax (VAT) and it basically amounts to a national sales tax on virtually everything… Read more »