Thought some real news about what actually happens when taxes are raised might be helpful to some of our reality challenged friends. When you raise tax rates, especially on those who can most afford it, you increase revenue.
Folks from all perspectives are represented in this article (including an heiress) in favor of reinstating the estate tax. I'd like to hear the perspective of those who oppose as well. Especially interested in WHY?
I think it is irresponsible to say, as almost all tea party goers do, that they are unalterably opposed to tax increases without specifying spending cuts--large cuts in popular programs that go far beyond foreign aid, earmarks and even a budget freeze.
Mike Lofgren is a retired Republican House and Senate staffer. It is an irony of our current national malaise that Republican politicians consider themselves, and tend to be uncritically regarded by the media, as "strong" on issues like national security and fiscal responsibilit …
In 2008, to defend George Bush from Democrats' accusations that his policies were raising gas price, Fox News put together a series of really good videos explaining why the president can't control the costs at the pump. Too bad it seems to have forgotten all about them.
Here's the good news. The economic pie is growing again. Growth in the 4th quarter last year hit 3 percent on an annualized rate. That's respectable - although still way too slow to get us back on track given how far we plunged. Here's the bad news.
To be honest, I'm sick of all of it.
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