Imagine what would happen to the economy if top wage earners were taxed at 70 to 90 percent?


"Former Clinton Labor Secretary Robert Reich can, and he thinks it's a great idea"

Taxpayers likely to face initial loss on GM IPO-sources


"..the question of whether taxpayers are ultimately madewhole on GM's $50 billion bailout could be left open for years,the people said."

Cantor: Beware of the Obama tax increases

More Arguments against a Value-Added Tax


"VATs provide a significant amount of revenue. …But do these significant revenues cause government spending to grow larger? Or is it the case that adoption of a VAT is evidence of the desire for a larger government so that the causal arrow runs from a taste for Leviathan to a VAT, and not the reverse? …we find a statistically significant dynamic relationship between the rate of VAT taxation and the size of government."

US Tax Dollars Paid for Palestinian Ad Campaign

Obama home state Illinois is bankrupt - 'Our state is $120.6 billion short!'


"By now that should not come as a surprise. In fact, you've seen so many headlines about Illinois' financial woes that you might even find the subject boring. But it won't be so boring when the impact hits you -- and your planned retirement."

Upper-Income Taxpayers Plan for Hike

Michele Bachmann: Will More Tax Dollars Go to Unions?


"In yesterday’s Wall Street Journal, we discovered why some lawmakers would put taxpayers on the hook for union retirement pensions:"

Surprise! NJ Planned Parenthood “improperly” billed Medicaid, costing tax payers millions


"Marie Tasy, the executive director of New Jersey Right to Life, released three reports by the US inspector general from 2007-2008, ordering NJ’s Department of Human Services to return almost $3 million in prescription drug and medical care payments that were erroneously billed as “family planning services.”

U.S. bailouts benefited foreign firms, report says


"The federal government's effort to stabilize the financial system in 2008 by flooding money into as many banks as possible resulted in a boon to many foreign firms and left the United States shouldering far more risk than governments that took a narrower approach, according to a new report by a panel overseeing the Treasury's $700 billion bailout fund."

Democrats Mean to Raise Middle Class Taxes in 2011


"House Majority Leader Steny Hoyer (D–MD) has already signaled the Democrats’ intention to hike middle-class taxes eventually. In the meantime, Democrats could easily prevent a tax hike for 2011 and would do so without delay if that was their intention. Instead, by delaying action until after the election, the Democrats have made it clear that they intend to sock America’s middle class with a mighty tax blow—but not in some future year. They intend to deliver the blow in 2011. They just don’t want to tell anyone yet."

Cost of Seizing Fannie and Freddie Surges for Taxpayers


"Fannie Mae and Freddie Mac took over a foreclosed home roughly every 90 seconds during the first three months of the year. They owned 163,828 houses at the end of March, a virtual city with more houses than Seattle. The mortgage finance companies, created by Congress to help Americans buy homes, have become two of the nation’s largest landlords."

Pelosi’s Office Costs Taxpayers More Than 18k Monthly


"In the midst of her state’s dire financial crisis, House Speaker Nancy Pelosi has moved her district office to a new state-of-the-art building with an award-winning “green” design at quadruple the monthly rent of the old location."