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Toyota Dealers Fight Back Against "Predatory Tactics" by GM
"The head of the Toyota National Dealer Council today blasted the federal government for using 'taxpayer dollars' to fund incentive campaigns to lure customers away from Toyota, and accused GM of using ‘fear’ in an attempt to lure away its customers, 1200 WOAI news reports."
3/10/2010
Permalink ID:10407
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If You're Gonna Soak the Rich You Might As Well Balance the Budget
"Surprise! Under the new budget plan by the rising star that conservatives are flipping over, the rich would pay a lot less, the poor and middle class a lot more. I'd have never guessed."
3/9/2010
Permalink ID:10375
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U.S. Sales Tax Rates Hit Record High
"While President Obama's push to raise federal income taxes for the wealthy gets lots of attention, the continuing upward creep in the sales tax rates imposed by state and local governments has gotten less notice."
3/8/2010
Permalink ID:10328
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Low-tax Texas beats big-government California
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"Stop messing with Texas!" That was the message Gov. Rick Perry bellowed on election night as he celebrated his victory over Sen. Kay Bailey Hutchison in the Republican primary for governor. In his reference to Texas' anti-littering slogan, Perry was making a point applicable to national as well as Texas politics and addressed to Democratic politicians as well as Republicans."
3/7/2010
Permalink ID:10287
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Rep. Chaffetz proposes firing federal workers who are tax cheats
"Federal employees have an obvious obligation to pay their federal income taxes,” said Chaffetz. “Because they draw their compensation from the American taxpayers, federal employees owe it to the taxpayers themselves to pay their taxes. If not, they should be fired.”
3/5/2010
Permalink ID:10260
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3/5/2010
Permalink ID:10259
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Real World Evidence for the Laffer Curve, even from the Government of Washington, DC
"President Obama is proposing a series of major tax increases. His budget envisions higher tax rates on personal income, increased double taxation of dividends and capital gains, and a big increase in the death tax. His health care plan includes significant tax hikes, including the imposition of the Medicare payroll tax on capital income – thus exacerbating the tax code’s bias against saving and investment. It is unclear why the White House is pursuing these punitive policies. The President said during the 2008 campaign that he favored soak-the-rich taxes even if they did not raise revenue, but his budget predicts the proposals will raise lots of additional money."
3/5/2010
Permalink ID:10244
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The Rapper and the White House Situation Room
"Meanwhile, millions are unemployed; Iran is on its way to a nuclear bomb; our debt is growing by the second."
3/5/2010
Permalink ID:10243
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Our $76.4 Trillion Fiscal Gap
"From the Treasury Department's 2009 Financial Report of the United States Government, which was described by Democratic Rep. Jim Cooper (Fla.) as “the only report that uses real accounting to describe America’s fiscal problems”: $62 trillion in present government obligations, including $45 trillion in unfunded obligations to Medicare and Social Security."
3/5/2010
Permalink ID:10221
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In fact, the Bush tax cuts actually increased government revenue
"The majority of the taxpayers in our country believe it a foregone conclusion that taxes will rise substantially in the near future and that the Bush tax cuts will soon be no more than a footnote of political history. You don't need to be a genius to see that the government will have to raise more revenue to pay for seemingly infinite spending, but before we resign ourselves to higher taxes, we should consider defending the Bush tax cuts against the left."
3/5/2010
Permalink ID:10213
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The typical federal worker is paid 20% more than a private-sector worker in the same occupation
"Accountants, nurses, chemists, surveyors, cooks, clerks and janitors are among the wide range of jobs that get paid more on average in the federal government than in the private sector."
3/5/2010
Permalink ID:10201
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$126.9 Billion and Counting
"It was another impressive three months at Fannie Mae, as Uncle Sam's mortgage finance company reported a fourth quarter loss of $16.3 billion. That wasn't quite as strong as the third quarter loss of $19.8 billion, but give Fannie's managers credit for trying."
3/1/2010
Permalink ID:10043
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Fannie Taps Treasury for $15.3 Billion More After a 10th Loss
"Fannie Mae will seek $15.3 billion in U.S. aid, bringing the total owed under a government lifeline to $76.2 billion, after its 10th consecutive quarterly loss."
2/27/2010
Permalink ID:9971
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