47%
Our federal tax code is broken.
Forty-seven percent of Americans don’t pay any federal income tax. Think about it. Nearly one-half of Americans don’t have any federal income tax liability. 53% pay all personal income taxes.
Adding …
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Category: Taxes & TaxationNovember 4, 2012 47%Our federal tax code is broken. Forty-seven percent of Americans don’t pay any federal income tax. Think about it. Nearly one-half of Americans don’t have any federal income tax liability. 53% pay all personal income taxes. Adding … October 19, 2012 Detail & The Donkey: Obama skates on specificsSince Mitt Romney announced his tax plan, the media have demanded that he provide more detail. In particular, they want to know exactly which deductions he wants to eliminate while cutting the rates. That’s a perfectly reasonable question, but why … October 18, 2012 Schumer and the Liberals Don’t Get it. You can’t Raise Taxes!A group of senators under the guise of bipartisanship met for a 3 day retreat. I didn’t know we were at war. What do we need to retreat from. And guess whose paying for the retreat? So this is … October 2, 2012 Finally a Democrat on the Right Side of TaxesTim Kaine — known here as Gov. Flowmax after closing Virginia’s interstate rest stops — occasionally comes down on the right side of an issue. During the Fairfax Chamber of Commerce debate between Senate candidates Kaine and former Sen. George … September 28, 2012 Universal Service FundPeople who work hard, manage their finances, and pay their bills on time are forced to pay for free cell phones and airtime for those who don’t. In the government’s Lifeline program. September 27, 2012 Democrats Favorite Tax Rate is More, More, MoreWhen you are in the business of government you always want more taxes. The Democrats are always talking about paying your “fair share”. Paying your fair share to whom? What exactly are you paying for? Why is our media in … July 9, 2012 Money For Tax CheatsUnder the 2009 Stimulus Act, the Federal Housing Administration insured $20 billion in mortgages for 87,000 homeowners. Among these recipients were 6,300 borrowers who received almost $1.5 billion in mortgages. However, these borrowers owed the government millions in taxes. Nearly $78 … July 8, 2012 IRS geared up for the Obamacare individual mandate taxWhen the U.S. Supreme Court ruled in favor of Obamacare’s individual mandate on Thursday — and in fact dubbed it a tax in spite of the Obama administration’s denials — no one was more jubilant this past weekend than the … June 15, 2012 The Un-American Sin of Property TaxesWhen North Dakotans went to the polls on Tuesday, they had a chance to strike a blow for freedom and make their state the first in the nation to ban all property taxes. Unfortunately, though, the referendum was defeated … May 19, 2012 Dems Want To Give New Meaning To The Phrase “If It Moves, Tax It”Ronald Reagan once said that it was fairly easy to sum up government’s view of how to handle the economy. “If it moves, tax it. If it keeps moving, regulate it. And if it stops moving, subsidize it,” Reagan said. May 8, 2012 When Will Enough Be EnoughWhen taxes become destructive they’ve surpassed the consent of the governed bending to the will of tyranny. When regulations strangle competition instead of securing it from evil combinations they’ve become counterproductive and defeat the very purpose for which they … May 7, 2012 Taxing the SunlightAn ever growing government must by necessity grow in expanding its revenue (called taxing to the uninformed) and therefore can be very creative in methods for taxing and names for said taxes. Since the phrase “cut spending” is not found … April 26, 2012 “Buffet Rule” recipe for economic envyWhile the U. S. Senate lacked the votes to pass the “Buffet Rule,” it turns out that Obama, like Warren Buffet, probably paid a lower percentage on his federal income taxes than his secretary. April 14, 2012 Myths About Taxes And The Rich Die SlowlyFacts are stubborn things. So too apparently are the minds of certain individuals. These individuals usually, but not always, tend to lean to the left. This is so because in order to be an individual who believes in the power … March 28, 2012 IRS may draft cops to catch tax cheats, official tells SenateWhile the Obama Administration curtailed its involvement with local police agencies to enforce immigration law and capture criminal aliens, that same administration wishes local cops to help the Internal Revenue Service enforcement tax laws, according to testimony given before a … |