Category Archives: income tax
Defined Benefit
In The Campaign’s Stupid Moment, Holman Jenkins says that “in defining Romney, Obama may be finally defining himself for a mystified electorate”.
Obama Tax Plan
The Obama Tax Plan: The President’s idea of a tax break seems to be when he doesn’t raise your taxes.
Fairness Doctrine
In a 2008 debate, Charlie Gibson asked Barack Obama if he would raise capital gains rates knowing it would cause a decrease in federal revenue. The Occupy White House candidate said,”yes”. Out of fairness.
The Buffet Rule is supposed to force all millionaires to pay a minimum 30% rate, but, according to IBD, the seven figure set could still shift their wealth to tax free municipal bonds.
Buffett Rule or not, the fattest fat cats still pay, by far, the most income taxes.
Elephant Trap
“What even minimally rational government enacts payroll-tax relief for just two months?” Krauthammer’s glad you asked.
