Posted on 17 April 2012. Tags: Barack Obama, Charities, Federal Income Tax, Gag, Government Tax, Income Tax Credit, Internal Revenue Service, Loophole, Mortgage Deduction, Mortgage Loan, Owning A Home, Paying Taxes, Perversion, Statistic, Tax Credits, Tax Deductions, Tax Loopholes, Tax Refund, Tax Return, True Meaning
One of the most ridiculous things that we have done with the tax code is build welfare into the system. The Internal Revenue Service and the Tax Code are intended to generate revenue for the government. We already know that nearly 50% of Americans pay absolutely no Federal Income Tax. This statistic alone should make [...]
Read the full story
Posted in Opinion
Posted on 04 October 2011. Tags: Charles Schumer, Chinese Currency, Hangup, Harry Reid, Joe Biden, Kicker, Moderate Democrats, New York Daily News, Obama, President Joe, Reuters, Sen Charles Schumer, Senate Democrats, Senate Majority Leader, Senate Majority Leader Harry, Senate Majority Leader Harry Reid, Stimulus Bill, Tax Loopholes, U S Senate, York Daily News
According to the AP, President Obama will travel to Texas today to push his $447 billion stimulus bill and Politico reports that Vice President Joe Biden will similarly be stumping for the bill in Florida. And yet Senate Democrats continue to show little interest in the president’s bill. This week, Senate Majority Leader Harry [...]
Read the full story
Posted in Senate News Briefing
Posted on 20 September 2011. Tags: Barack Obama, Bill Nelson, Buffett, Capitol Hill, Cbs New, Centrist Democrats, Charles Schumer, Democrat Senators, Denny Rehberg, Frank Lautenberg, Jon Tester, Liberal Democrat, Metropolitan Area, Millionaires, Neb, Reelection, Robert Menendez, Senators Charles Schumer, Tax Hike, Tax Loopholes
Politico reports today, “Liberals on Monday cheered President Barack Obama’s plan to hike taxes on the wealthy to cut the deficit. But the response from Democrats on the front lines of 2012 election battles? Silence. Or, at best, tepid enthusiasm. Centrist Democrats, a dwindling breed on Capitol Hill, were quickly faced with another rough choice [...]
Read the full story
Posted in Senate News Briefing