Tag Archives: taxes

David Obey Gets It Right

Kudos to House Appropriations Committee Chairman David Obey (hold on a sec … waiting to see if my head explodes … nope, good) for seeing the war in Afghanistan as something we should all pay for. According to ABC News, the Wisconsin Democrat, who opposes deepening our involvement in Afghanistan, said that if we’re going […]

Carl Levin Leads the Tax Brigade

Senate Armed Services Committee Chairman Carl Levin has shown an uncanny ability to be wrong about almost every issue involving Iraq and Afghanistan in the last decade. This weekend, he’s come up with another doozy. According to Bloomberg, the Michigan Democrat is proposing a tax on higher earners – say it with me now, individuals […]

Laying the Groundwork for VAT?

Earlier this summer, a friend who keeps his ear to the ground on these things told me he’d heard that Treasury Secretary Tim Geithner, during his trip to China, told Chinese officials concerned about rising US deficits that the Administration is gearing up to propose a value-added tax targeted specifically to debt reduction following the […]

Boehner, Cornyn, Bayh on Taxes and Spending

Wall Street Journal reports today that the Administration is signaling flexibility about the tax increases proposed in its budget. This could be a reflection of the fact that, on tax battles, Republicans usually have a home turf advantage and moderate Dems don’t want to play there. I was thinking about President Clinton’s 1995 declaration to […]

Taxing the President’s Credibility

Is President Obama’s good government message running off the rails? As much as the president may be trying hard to back up his words with actions, he seems to be falling short of the mark now that two Cabinet nominees have been caught playing fast and loose with their tax returns. Latest victim: Tom Daschle, […]