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overall government tax receipts will fall. That is the reality, but those on the left refuse to believe it. Now we have more proof, this time from the UK.
Jim just sent me a text asking to highlight the post I wrote in April looking at federal tax figures from 2008. Click here to read that post, and click here to read the other April post titled Go ahead, tax the rich … let’s run the numbers.
You can call it a 66 percent increase in taxes – it is – or an increase in the personal income tax from 3 percent to 5 percent and corporate taxes from 3.25 percent to 5.25 percent. Either way, the State of Illinois is taking a huge gamble.
Of course we all know by now that Senator John Kerry (D. Ma.) moored his new gabillion dollar yacht (built in New Zealand) in Rhode Island so that he wouldn’t have to pay sales and use taxes of over $500,000 to the state of Massachusetts. But, here is what you may not remember. While running…
Is the Associated Press just realizing this fact? I wrote about this in 2008 and Rush Limbaugh has had the information on his home page forever. We really are spreading the wealth around when it comes to the federal tax burden in the United States.
With the health care debate heating up in the Senate this week, perhaps it’s time to analyze what proponents of Obamacare tell us this legislation will do, and compare that with what the legislation actually will do.
A caller on Friday’s show asked an interesting question about confiscating all income made by people earning more than $1 million in this country. I believe his question was, if that were done, how long could the government operate? It should come as no great surprise that the answer is, not long. I can’t brake it down into…
Remember all that Democratic whining about wanting for people to drive more fuel-efficient cars? Here comes the other shoe… “A year ago, the Oregon Department of Transportation announced it had demonstrated that a new way to pay for roads — via a mileage tax and satellite technology — could work. Now Gov. Ted Kulongoski says…