by Jane Richey | Jan 9, 2013 | Constitutionally Limited Goverment, Fiscal Responsibility, Politics
With President Obama back in office and his life-saving “fiscal cliff” bill jammed through Congress, the new year has brought a surprising turn of events for his sycophantic supporters. “What happened that my Social Security withholding’s in my paycheck just went up?”...
by Jane Richey | Jan 8, 2013 | Constitutionally Limited Goverment, Fiscal Responsibility, Health Care, Politics
Here’s a list of 13 tax increases which began on January 1, 2013: 1.) Payroll Tax 2.) Top Marginal Tax Rate 3.) Phase out of personal exemption 4.) Phase out of itemized deductions 5.) Tax rate on investments 6.) Death Tax 7.) Taxes on business investment Tax...
by Jane Richey | Jan 8, 2013 | Fiscal Responsibility, Politics
The Tax Foundation has debunked an influential report by the Congressional Research Service which claimed that economic growth is not harmed by high tax rates. The September 2012 report, “Taxes and the Economy: An Economic Analysis of the Top Tax Rates Since 1945,”...
by Jane Richey | Jan 7, 2013 | Fiscal Responsibility, Politics
Welfare recipients took out cash at bars, liquor stores, X-rated video shops, hookah parlors and even strip clubs — where they presumably spent their taxpayer money on lap dances rather than diapers, a Post investigation found. A database of 200 million Electronic...
by Jane Richey | Jan 7, 2013 | Constitutionally Limited Goverment, Fiscal Responsibility, Politics
During fiscal year 2012, the U.S. government spent a record $80.4 billion on food stamps, the Supplemental Nutrition Assistance Program (SNAP), a $2.7 billion increase from FY 2011. (Fiscal year 2012 ran from Oct. 1, 2011 through Sept. 30, 2012.) According to the...
by Jane Richey | Jan 7, 2013 | Fiscal Responsibility, Politics
Pushing back against the Republicans’ deficit-reduction strategy, House Minority Leader Nancy Pelosi (D-Calif.) said this weekend that more tax revenues – not just spending cuts – must be a part of Congress’s effort to rein in deficits. Pelosi said the tax...
