How the Democrats’ Year-end Tax Hike Will Affect Small Businesses Starting January 1, 2011, Washington Democrats will impose a $3.8 trillion tax hike on hard-working Americans.  This tax increase will affect every American who pays income taxes through higher tax rates on individuals, families, and small businesses. As described below, Washington Democrats are targeting small [...]

How the Democrats’ Year-end Tax Hike Will Affect Senior Citizens Starting January 1, 2011, Washington Democrats will impose a $3.8 trillion tax hike on hard-working Americans, resulting in higher taxes for every American who pays income taxes, as well as on small businesses, the engines of job creation.  Unfortunately, Democrats have done nothing to disarm [...]

Last Friday, we learned that the unemployment rate is still at 9.5%.  It would be much higher if the official calculations also looked at the fast-growing number of Americans who have become so discouraged that they have given up looking for work. So while Congress should be here trying to find ways to get Americans [...]

Democrats Ignore the First Law of Holes (When You’re Already in One, Stop Digging) Democrats suggest the State and local government bailout bill to be considered in the House on August 10 will temporarily “save” certain government jobs.  But what they won’t tell you is that the $9.6 billion in permanent tax hikes they would [...]

Transcript: THE OPEN MIND for broadcast in New York City on WPIX, Channel 11 Sunday, December 7, 1975, 10:30 – 11:00 P.M. Moderator/Host Richard D. Heffner Guest: Milton Friedman, economist HEFFNER: I’m Richard Heffner, your host on THE OPEN MIND. My guest today has been labeled this country’s foremost conservative economist. Milton Friedman of the [...]

This week, a wide array of economists joined Congressional Republicans in calling on Democrats to prevent their planned massive tax hike: Mark Zandi, Moody’s Economy.com Chief Economist, who is often called upon by Speaker Pelosi and House Democrats for economic guidance, advised that “I would not allow those tax increases to take hold on January [...]

Non-partisan Joint Committee on Taxation Confirms Democrats’ Year-end Tax Hike Will Hit Millions of Middle-Class Families Hard Washington Democrats will impose a $3.8 trillion tax hike on hard-working Americans (as described in Part I of this series) starting January 1, 2011. This will result in higher taxes for every American who pays income taxes, as [...]

How the Democrats’ Year-end Tax Hike Will Affect Typical Taxpayers As described in Part I of this series, starting January 1, 2011, Washington Democrats will impose a $3.8 trillion tax hike on hard-working Americans.  This tax increase will affect every American who pays income taxes through higher tax rates on individuals, families, and small businesses.  [...]

Overview: Americans to Pay Higher Taxes Starting January 1, 2011 Get ready to pay higher taxes in 2011 thanks to Democrats in Washington.  Starting January 1, 2011 – less than six months from now – an unprecedented, $3.8 trillion tax increase is scheduled to kick in, affecting every American who pays income taxes.  This Democrat [...]

Cite Concerns that Provisions Will Hinder Job Creation, Decrease Competitiveness of American Businesses Since Democrats introduced their latest version of H.R. 4213, “The American Jobs and Closing Tax Loopholes Act,” business leaders and organizations that represent millions of American businesses and their employees have voiced their opposition to the job-killing, deficit extending bill. These employers say that [...]