by Jane Richey | Jul 10, 2012 | Constitutionally Limited Goverment, Fiscal Responsibility, Free Markets, Politics
“The last thing you want to do is to raise taxes in the middle of a recession, because that would just suck up—take more demand out of the economy and put businesses in a further hole.” That was President Obama in 2009, trying to reassure Americans that he was going...
by Jane Richey | Jun 15, 2012 | Constitutionally Limited Goverment, Fiscal Responsibility
“I’ve said that this is a make-or-break moment for the middle class, and I believe it,” President Obama told an Ohio crowd yesterday. Indeed it is—because in a sluggish economy, American taxpayers are about to be clobbered by the largest tax increase in history....
by Jane Richey | May 11, 2012 | Constitutionally Limited Goverment, Fiscal Responsibility
The largest tax hike in history is due to strike the United States on January 1, 2013. Known as “Taxmageddon,” it would impose $494 billion in higher taxes on the American people in the first year. So terrible would be its impact that yesterday Fed Chairman Ben...