The key line from Ryan on Thurs will be a scathing synopsis of the Democrats' pitch, saying they offer "a full stomach — and an empty soul." — @costareports Stupid Democrats. Don't they know that nothing feeds the soul like tax cuts for the rich? That trumps food on the table, good education, clean air and water, and accessible health care any day of the week!
Fifty years ago last week, on February 26, 1964, President Lyndon B. Johnson signed into law the sweeping tax cuts that had been championed by his predecessor, John F. Kennedy. The law brought the top marginal income-tax rate down to 70 percent from 91 percent and the bottom marginal rate down to 14 percent from 20 percent. Show More Summary
This April, we’ll have delivered for you the £700 tax cut we promised on the front page of our 2010 Manifesto. It’s a great achievement – but we want to go further. It’s two weeks until the Budget – and we want to give you an extra £100 tax cut next year. That means Lib […]
The three network morning shows combined gave less than two minutes of air time to President Obama's proposed 2015 budget on Tuesday, though they all managed to highlight how the plan "will cut taxes for thirteen and a half million working Americans" [Listen to the audio or watch the video after the jump]. Show More Summary
Liberal Democrat MP for South Lakes, Tim Farron, has reminded people that on 1 April, over 200,000 people in Cumbria will be receiving a tax cut thanks to the Liberal Democrats. The rise, a flagship policy for the Liberal Democrats at the last general election, was announced in the budget last year. It means that almost […]
Reuters that the Obama White House is planning to buy votes in the mid-term elections by giving tax breaks to the unwashed masses; President Barack Obama will propose an expansion of popular tax credits for middle class and working poor Americans on Tuesday in a fiscal 2015 budget designed to serve as a blueprint for […]
Tax cuts, eh? We Conservatives never lost a general election in the Eighties when offering them. Ever since we bought into that whole “modernisation-means-matching-Labour-spending-plans” schtick, we’ve failed to win one. David Cameron’s announcement today that the Conservative Party is to give a clear, unequivocal commitment to give people tax breaks in the 2015 manifesto is to [...]
The release of House Ways and Means Committee Chairman Dave Camp’s reform plan has highlighted a dramatic shift among Republicans on taxes.
How best to help the workers? Do the trade unions help anymore? This was one of the topics on ITV’s Agenda last night, and I was one of the panelists… Continue reading The post The Ann Summers tax cut — and why Britain needs it appeared first on Spectator Blogs.
In their eagerness to provide tax cuts, Wisconsin lawmakers have pushed aside a law aimed at encouraging fiscal responsibility that requires half of state surplus revenue be set aside for a rainy day.
I am viewed as being an opponent of fiscal stimulus, but I’ve always argued that an employer-side payroll tax cut would “work.” It just seems kind of pointless. If it’s a lower W/NGDP ratio that you need, just boost NGDP! Christina Romer has also advocated this sort of payroll tax cut. It lowers a country’s […]
In recent years, many policymakers have set their sights on trying to attract entrepreneurs and new start-ups to their communities and states. In some cases they have used that goal to justify tax cuts, which some lawmakers think will be an inducement for innovative entrepreneurs. Show More Summary
Key elements of the tax code rewrite proposed yesterday by House Ways & Means Committee Chair Dave Camp (R-MI) came straight from the playbook of the 1986 Tax Reform Act. The most surprising: As in 1986, it would pay for individual tax cuts by boosting taxes on corporations—at least temporarily. Hard to believe, perhaps, but […]
By Rob Port | Watchdog.org North Dakota Bureau ROARING REVENUES: North Dakota’s revenue growth continues its record-setting pace. Chart created by Watchdog based on Office of Management and Budget revenue reports. BISMARCK, N.D. — It seems not even tax cuts can put a damper on exploding tax revenues in North Dakota, where strong agriculture years... Show More Summary
Christie said he fixed the pension problems three years ago. Now he wants to go back to public workers for more.
Michael Mazerov: More Evidence That You Can’t Lure Entrepreneurs With Tax Cuts: "Cutting state taxes to attract entrepreneurs is likely futile at best and self-defeating at worst, a new survey of founders of some of the country’s fastest-growing companies suggests.... Show More Summary
Christie's Budget Address Analysis: Christie offers no tax cut, but $205M in veiled tax hikes. Christie proposes $34.4B spending plan - pension payments but no tax cuts. A Bridgegate-weakened Gov eliminated his usual bluster and tax cut talk, even invoking Gandhi, but Dems addressed the nonstarters in his speech immediately. Show More Summary
It is bad economic policy. But, all economic policy that could pass a Republican-controlled House of Representatives is bad. All they care about, really, is tax cuts for the wealthy. But those tax cuts do not create jobs or "pay forShow More Summary
By Patrick B. McGuigan | Oklahoma Watchdog OKLAHOMA CITY — The Oklahoma State Senate has advanced an income tax proposal characterized as a tax cut in floor BINGMAN ON TAXES: Oklahoma Senate President Pro Temp Brian Bingman, R-Sapulpa, says work on a possible income tax cut is not finished, and: “At the end of the... Show More Summary