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Taxes - The Heritage FoundationTaxes - The Heritage Foundation A powerful lesson of recent months is that gimmickry makes good bumper stickers but lousy economic stimulus. View Article - Wed, 08 Sep 2010 11:42:00 -0400 Proponents of raising taxes have offered many straw man arguments and myths to support their case. View Article - Tue, 07 Sep 2010 01:00:00 -0400 As we celebrate Labor Day, let’s remember what makes this holiday possible in the first place: American workers. For the most part that means small business. View Article - Tue, 31 Aug 2010 01:00:00 -0400 The CEO of Intel has joined the ranks of those labeling big government as the cause of our economic slump, not the solution. View Article - Sat, 28 Aug 2010 01:00:00 -0400 President Obama has called for a huge tax increase to take effect on January 1, 2011. Instead of reducing spending, he proposes to raise taxes on a wide swath of taxpayers—including small businesses—despite the weak economic recovery. Congressional Democrats stand poised (immediately following the November elections) to endorse the President’s request and threaten to go much further. Proponents of letting the tax cuts expire—which would indeed be a tax hike—have offered a wide array of justifications for this wrongheaded policy. Heritage Foundation fiscal policy expert J. D. Foster wades through the myths and straw arguments to set the record straight. View Article - Thu, 26 Aug 2010 11:29:00 -0400 Curtis Dubay discusses the merits of extending the Bush tax cuts, including cuts for the middle class. View Article - Wed, 25 Aug 2010 01:00:00 -0400 Bill Beach discusses whether a national tax holiday would encourage more lending. View Article - Mon, 23 Aug 2010 01:00:00 -0400 The Economic Freedom Act, proposed by Representative Jim Jordan, would terminate the ineffective Troubled Assets Relief Program (TARP), and substitute a proven way to stimulate the economy: tax relief—from permanent repeal of the capital gains and death taxes to significant reductions in payroll taxes and the top corporate tax rate. Analysts at The Heritage Foundation’s Center for Data Analysis (CDA) conducted static and dynamic analyses of the act (H.R. 5029), finding that over the long term, dynamic economic effects would offset much of the cost of the tax relief. In the short term, the act would increase the deficit if it was not coupled with reductions in spending. This means a specific plan for spending cuts is imperative. The CDA analysts detail the economic and fiscal effects of the Economic Freedom Act’s spending and tax cuts. View Article - Thu, 19 Aug 2010 10:30:00 -0400 Bill Beach discusses the possible outcomes of a flat tax. View Article - Thu, 19 Aug 2010 01:00:00 -0400 In many respects, Dan L. Duncan was the embodiment of the American dream, the self-made man incarnate. He transformed $10,000 and two propane trucks into a natural gas empire and a personal net worth of $9 billion—making him the richest person in Houston, and the 74th wealthiest individual in the world. View Article - Wed, 18 Aug 2010 01:00:00 -0400 J D Foster discusses the possibility of an American VAT. View Article - Wed, 11 Aug 2010 01:00:00 -0400 Imagine you are one of House Speaker Nancy Pelosi’s top political strategists. The polls show your party needs a game-changer, something that will transform what looks like a losing political hand into a winner. “I know,” you shout, “let’s push for a large tax increase on the ‘fortunate few’ — the 2 or 3 percent of the population with so much money they won’t even miss a few thousand bucks. The other 97 or 98 percent will feel no pain, and we’ll be able to call ourselves deficit hawks when all those billions start rolling in.” View Article - Tue, 10 Aug 2010 01:00:00 -0400 President Obama wants to drastically raise taxes in January View Article - Thu, 05 Aug 2010 17:57:00 -0400 The CBPP's critique is based on faulty economic analysis and fundamental misrepresentations. View Article - Tue, 03 Aug 2010 11:00:00 -0400 Liberals in Congress have a plan to raise your taxes after the elections this fall, something they must do to continue feeding the Obama Administration’s spending addiction. Watch for them to act after the midterm elections under the cover of the report from the bipartisan National Commission on Fiscal Responsibility and Reform. View Article - Mon, 02 Aug 2010 01:00:00 -0400 Curtis Dubay returns to The Ed Show to discuss jobs and extending the Bush tax cuts. View Article - Mon, 02 Aug 2010 01:00:00 -0400 Curtis Dubay discusses renewing the Bush tax cuts to support economic growth. View Article - Tue, 27 Jul 2010 01:00:00 -0400 The death tax: What does it kill? Who does it affect? It affects hundreds of thousands of small-business owners across the country—as well as their employees and community residents who benefit from the senior and day care centers, playgrounds, charities, and learning centers that are built or supported by small-business owners. Like water and sunlight in an ecosystem, small businesses provide sustenance essential to building and preserving communities. So high is the death tax that a large portion of heirs to small companies cannot afford to pay it after the business founder dies, and see themselves forced to sell to giant corporations—which have no personal ties to the communities of their new acquisitions, and thus no incentive to commit to local institutions. What does the death tax kill? The best of American life and civil society itself. The death tax is simply antithetical to the core of the American dream. View Article - Mon, 26 Jul 2010 10:53:00 -0400 Millions of Americans face potential financial ruin because they bought homes they couldn't afford. Often, these homeowners were lured by initially low interest rates that provided the illusion of affordability. After a few years, these "teaser" rates reset upward, creating unaffordably high mortgage payments. View Article - Fri, 23 Jul 2010 01:00:00 -0400 Senator Jim DeMint cites Heritage research in his speech on preventing the renewal of the death tax. View Article - Wed, 21 Jul 2010 01:00:00 -0400
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Looking for more great sites?
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May I suggest the following....
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Soda Tax?
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Sunday, September, 8th 2009
www.meatandpotatoes.org
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Among some of the most ludicrous tax proposals of late is the idea of taxing soda, more specifically the non-diet type. Today, even the President alluded to a soda tax to help pay for a healthcare system that the majority of the public doesn’t even want. I find this rather interesting because, as I see it, Obama’s tax bill is also going to go way up. Why, you ask?
First off, we are on the eve of a completely unprecedented joint address to congress, not a state of the union, or an address about a national emergency, such as 9/11; instead it’s just another redundant speech on healthcare reform. No one expects any great revelation to come out of it. In fact, you can expect it to be a “greatest hits” of the other 27 speeches on this issue. After all, this president has delivered on his promise to "fundamentally change America" as we know it, and he has.
We all learned last year what Barak Obama is good at; packaging, repackaging and selling himself. He managed to take a despicable group of friends, and paint them as saints; he dismissed our concerns, and then closed as many bad deals as he could before we even had a chance to get buyer’s remorse. It’s no wonder that in less than 6 months in office he managed to shut down over 1500 car dealers. With an average of 10 used car salesman at each store, he cleared the field of over 15,000 competitors. Saul Alinski would have been proud.
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Will Indian Reservations be exempt from the Soda Tax? This could be the only place people can afford to buy it!
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But how does taxing soda raise Obama’s taxes? As with any good tax plan, soda is just the font guy. In the end, anything not deemed good for you is up for grabs. For years the diet industry has referred to such sugar laded goodies as having nothing but “empty calories”. Sure the sugar will give you a quick boost of energy, but its high will quickly fade. Sure they are popular and easily accessible, but in the end they will harm you rather then help. Sure they may taste good, but again in the end they are just plain bad for you. We all need to come clean here. The American people are ready to go on a diet, and 200+ speeches chocked full of “empty calories” is enough!
This president has given more speeches than he has served days in office. He has made more definitive statements on issues only to turn around and shift his position within days of his original statements. He has said more that meant absolutely nothing, and has used the phrase “Let me be clear” while being unequivocally vague, than any other president in American history. No wonder the most common phrase heard in public these days is “How’s that change working out for you?”
Congress, if a tax on soda is enacted, please call it what it is: an “Empty Calorie Tax”. This type of honesty will help both of us. By changing the wording of the bill, something you have great experience with, you can quickly add to the list of items subjected to such taxes, and I can call the IRS. I will demand back taxes for over 200+ empty calorie filled speeches that have been forced upon me, and I want it deducted out of the Presidents pay! You know, if it works, then there might actually be something to this “Tax people into the right behavior” thing after all.
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| 1 - There is no liberal bias in the media |
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| 2 - Separation of Church and State |
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| 3 - Banning partial birth abortions is an assault on a woman's right to choose |
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| 4 - The Outsourcing of American Jobs |
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| 5 - The Creation of Green Jobs |
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| 6 - Same Sex Marriage |
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| 7 - Rasing Taxes Equals more government funds |
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| 8 - The Supreme Court should keep International Courts in mind |
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| 9 - America must be humble to the international community |
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| 10 - Government Knows Best |
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We are an independent group of thinkers, who are neither Democrats nor Republicans, but believe in right and wrong. It’s time to clear all the crazy stuff from our lives, and get down to just the Meat and Potatoes of today’s issues. Join us, and invite your friends to sit down at your table and discuss with us. Site Map | |
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