Archive for July, 2009
Feds OK additional tax dollars for car trade-in program
U.S. lawmakers have approved an addition $2 billion to fund an immensely popular car trade-in program known as “cash for clunkers.”
Tax burden of top 1% now exceeds that of bottom 95%
Newly released data from the IRS clearly debunks the conventional Beltway rhetoric that the “rich” are not paying their fair share of taxes.
Care about your health before caring about health care
Before the federal government winds up blowing through trillions of dollars of taxpayer money to provide health care for Americans, we the people need to begin focusing on our own lifestyles first in order to maintain a healthy and productive existence living in the freest country in the world – while it lasts.
Defense bill chalk full of unnecessary programs, spending
The House of Representatives, in a new defense-spending bill to be voted on by Friday, plans to offer nearly $7 billion in unnecessary equipment and unwanted spending, according to Defense Secretary Robert Gates.
It is easy to raise taxes when you do not pay them
Ever notice that those who endorse high taxes and those who actually pay them aren’t the same people? Consider the curious case of Ways and Means Chairman Charlie Rangel, who is leading the charge for a new 5.4-percentage point income tax surcharge and recently called it “the moral thing to do.” About his own tax [...]
Frank threatens banks to stop foreclosures
WASHINGTON (AP) – A senior House Democrat threatened banks Wednesday that if they don’t volunteer to save more homeowners from foreclosure, Congress will make them.
