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DeMint: Obama Tax Hikes Will Do More Harm Than Sequester (VIDEO)
Heritage Foundation President-Elect Jim DeMint says Americans shouldn’t be fooled by President Obama’s scare tactics on sequestration. Federal cuts won’t harm the U.S. economy, DeMint told Fox News’...
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Senate Democrats Want Unnecessary $1.5 Trillion Tax Increase
Chris Maddaloni/CQ Roll Call/Newscom It has been nearly four years since the last time the Senate passed a budget. In that time, it hasn’t as much as proposed a budget. That at long last changed...
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Obama Budget: CBO Shows $1 Trillion Tax Hike, Fake Spending Cuts
The Congressional Budget Office’s (CBO) official score of President Obama’s budget shows in numbers a vision for economic decline in America. The President imposes a tax increase totaling $1.1 trillion...
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The IRS, Obamacare, and You: The Taxes
With the IRS under fire for its improper targeting of tea party groups, many Americans have also raised concerns about the agency’s activities relating to Obamacare. This week, we’ll be taking a look...
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For the Record: Tax Increases Are Harmful, but Europe Has Pursued Them Anyway
Dr. Salim Furth at a Senate Budget Committee Hearing. Heritage economist Salim Furth gave testimony last week to the Senate Budget Committee, reminding the Senators that economic research shows that...
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Reid Throws Major Roadblock in Front of Tax Reform
Credit: Lauren Victoria Burke/WDCPIX.COM Senate Majority Leader Harry Reid (D–NV) has just thrown a roadblock in front of tax reform that could stall the strong momentum that has been building for...
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Obama’s New “Grand Bargain” Is Another Tax Increase
Jewel Samad/AFP/Getty Images President Obama gave his second in series of summer speeches on the economy today. Like his first speech last week, he recycled several old policies that he’s trotted out...
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Japan’s Revolving Door Tax
YOSHIKAZU TSUNO/AFP/Getty Images/Newscom Prime Minister Shinzo Abe is likely to increase Japan’s sales tax from 5 percent to 8 percent next year. Abe and his close ally Haruhiko Kuroda, head of the...
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Tax Increases Really Hurt Growth and Jobs
Some lawmakers, led by Senate Budget Committee chair Patty Murray (D–WA), are seeking to raise taxes in the budget conference to replace the modest spending reductions referred to as sequestration....
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