Tag Archive | Tax Loopholes

Tax Loopholes? Let’s End the Biggest Loophole of All – the “Earned” Income Tax Credit

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 […]

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Posted in Opinion18 Comments

Reuters: “‘Nobody Is All That Excited About The President’s Jobs Bill,’ A Senior Democratic Aide Said”

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 […]

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Posted in Senate News Briefing0 Comments

Politico: ‘Moderate Dems Duck, Cover On Hikes’; Press Fact Checks Find ‘The Entire Buffett Rule Premise Is False’

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 […]

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Posted in Senate News Briefing1 Comment

Tom White Says:

Nothing is more conservative than a republican wanting to get their majority back. And nothing is more liberal than a republican WITH a majority.

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