Archive for income tax

Big Whiff: Details of Obama’s 2013 Budget

Feb 15, 2012 Comments Off by

Yesterday, President Obama released his fiscal year 2013 budget proposal. Unfortunately, this budget request doubles-down on the same failed policies which have made the economy worse under President Obama. This budget includes the most government spending in history, the biggest tax increase in American history, …

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Obama budget: More Debt, More Doubt, Fewer Jobs

Feb 14, 2012 Comments Off by

Reports Show President’s Budget Is Loaded With Same Failed ‘Stimulus’ Spending & Small Business Tax Hikes

The budget crafted by President Obama last year was widely panned as a threat to job growth. And based on the reports, it looks like we’re in for more …

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Bad news from the CBO on taxes, jobs, and wages

Feb 02, 2012 Comments Off by

In the previous post, we pointed out how the Republicans made some strides in slowing spending. That was good news, but it’s not all good news.

First, the taxes. According to the CBO . . .

Taxes Will ‘Shoot Up by More Than 30 …

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From $250 a year to $1,600 a month!

Jan 23, 2012 Comments Off

In an earlier post, we highlighted a great article by British MEP Daniel Hannan, Memo to the Occupy protesters: here are ten things we evil capitalists really think. In it, Hannan makes the following point:

7. Let’s tackle the idea that being on the Left means …

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Ten things evil capitalists really think

Jan 23, 2012 Comments Off

Since we’re on the subject of capitalism . . .

Britain has a great MEP (Member of the European Parliament) named Daniel Hannan. Back in November, he wrote an op-ed that I meant to note, but didn’t get a chance. It’s Memo to the Occupy …

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The rest of the world is figuring it out, the U.S. lags behind

Jan 22, 2012 Comments Off

This chart tells the tale:

 

While the average corporate tax rate falls in otehr countries, ours remains the highest in the world. A recent study from the OECD indicates how damaging this is to growth:

This paper investigates the design of tax structures to …

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