Obama Explains That When He Says ‘Creating Jobs’ He Means ‘Raising Taxes’
That’s the upshot of the presidential speech this morning, during which Obama promised to veto any deficit-reduction legislation that does not include tax increase on the rich: “I will not support any plan that puts all the burden for closing our deficit on ordinary Americans,” he said. “And I will veto any bill that changes […]
Give An Over-Reaching Government A Sales Tax: What Could Go Wrong?
by Smitty Ace toys with the notion of a national sales tax. Let’s put it like this. Once upon a time, a certain uncle had too much crap. He had houses, boats, cars, furniture, businesses, sweethearts, the works. Managing all the crap was a significant burden, with all of the insurance, maintenance, travel time, licensing, […]
VIDEO: ‘You’re Gonna Pay’
The radical punk-rock anthem of our age: Via Powerline — anybody want to transcribe the lyrics in the comments? UPDATE: Thanks to the commenter who transcribed the first verse: Old people grumblin’ ’bout funded medications Subsidized housing in the capital of the nation 3 trillion dollar deficit on top of 15 trillion dollar debt Bullet […]
Obama Declares Moral Bankruptcy: ‘No Social Security Checks Next Month!’
A political limbo dance: How low can he go? President Obama on Tuesday said he cannot guarantee that retirees will receive their Social Security checks August 3 if Democrats and Republicans in Washington do not reach an agreement on reducing the deficit in the coming weeks. (Via Memeorandum.) Doug Powers: “Hopefully Social Security recipients are […]
Will Althouse Praise ‘His Steely Nerve, His Intelligence, and His Groundedness’?
“In a 75-minute meeting Sunday night, President Obama once again demanded that more than $1 trillion in tax increases be part of any deficit reduction package attached to a vote on the debt ceiling. In the session, Obama rejected a Republican proposal to seek $2.5 trillion in spending cuts and reforms, and insisted on higher […]
Obama: ‘Hey, Grandma, There’s Still Room for You Under This Bus!’
Or, “They Told Glenn Reynolds if He Voted for John McCain, We’d Have a President Cutting Benefits for Senior Citizens — and They Were Right!” President Obama is pressing congressional leaders to consider a far-reaching debt-reduction plan that would force Democrats to accept major changes to Social Security and Medicare in exchange for Republican support for […]
John Cornyn Endorses Obama on Taxes
No sooner had I urged Republicans to call out President Obama for his “tax breaks for millionaires and billionaires” rhetoric than Texas Sen. John Cornyn goes squish: Texas Sen. John Cornyn this morning laid out a political blueprint for comprehensive tax reform, declaring that he favors raising taxes on some American businesses by closing corporate […]
Why Doesn’t Obama Come Right Out and Say, ‘Democrats Want to Raise Taxes’?
There is a cynical saying among political strategists on Capitol Hill: “Do we want the bill or do we want the issue”? That is to say, is it to our advantage to pass legislation to address a specific issue, or is it to our advantage to keep the issue alive as a controversy going into […]
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