At the so-called “Tahoe Summit” last week, our own senior U.S. senator, Unpopular Harry Reid, in between cozying up to fellow moderate Dianne Feinstein (D-San Francisco) and ignoring a call to return the lake to the Washoe Indian tribe (which will probably be able to buy it soon, anyway, the way Indian gaming is going) […]
As the White House gears up to let the biggest tax hike in American history go into effect on Jan. 1, Treasury Secretary Timothy Geithner — a millionaire banker appointed by Barack Obama despite the fact he cheated on his own income taxes — said July 25 that allowing big tax hikes targeted at wealthy […]
“The heads of President Barack Obama’s national debt commission painted a gloomy picture Sunday as the United States struggles to get its spending under control,” The Associated Press reports. Republican Alan Simpson and Democrat Erskine Bowles told a meeting of the National Governors Association that everything needs to be considered — closing down the federal […]
Back in 1996, Congress swore it was finally going to wean American farmers off taxpayer subsidies with the “Freedom to Farm” law. The law “allowed” farmers greater flexibility in their planting decisions and moved toward greater reliance on market supply and demand, further offering farmers big one-time payments in exchange for their promise to accept […]
(No, unfortunately, this one is not an “April Fools” joke.) Some 35 years ago, Americans first became generally aware that there could be a “gasoline crisis” — that our dependence on imported oil could combine with taxation, price controls, and other “well-meaning” government interventions to create fuel shortages, lines, all kinds of chaos.
For decades, according to deathbed testimony, the IRS made engineer Andrew Stack’s life a living hell, repeatedly seizing so much of his accrued assets as to leave him with virtually nothing for his retirement. On Feb. 18, Stack, 53, set fire to his own house and then flew his single-engine plane into an office building […]
In North Las Vegas, as in most places, the recession is causing tax revenues to fall. The city has undergone five rounds of budget trims since December, 2008, and now aims to cut an additional $33.4 million from planned spending to make it through fiscal year 2011. So the city announced this month it might […]
Back in 2007, Washington state voters approved Initiative 960, which barred any state tax increase from being OK’d without a two-thirds vote of their state Legislature. Liberal lawmakers, who refuse to set any maximum limit on the taxes working stiffs should be required to pay, complained that was a hard standard to meet.
Although President Barack Obama “expressed interest” in the idea last summer, “the White House staff reviewing funding options never embraced the idea” of a punitive tax on sugared soft drinks, the Chicago Tribune now reports. A key congressional committee, “after initially seeming receptive, ended up refusing to consider it.” Why? “Several minority advocacy groups, including […]
In my Jan. 3 column, I projected that Barack Obama would probably NOT wake up one morning this year, slap his forehead and exclaim that allowing welfare recipients to vote is a blatant conflict of interest which is quickly turning this nation into a collectivist slave state (or that, if he does realize it, being […]