Stupidly, House GOP Appears To Take Taxes Off The Table In Future Budget Talks

The GOP seems to be telling President Obama that revenue increases are off the table. That’s a huge mistake.

Paul Ryan Unveils Plan To Cut Federal Spending By $6 Trillion Over Ten Years

Paul Ryan unveiled an ambitious plan to cut the deficit today. The question is whether it will be the beginning of a debate, or an opportunity for Democratic demagoguery

Study: Rising Gas Prices Don’t Impact Consumption

A new study suggests that increases in the price of gasoline have very little impact on consumer behavior. If that’s true, it has serious implications for energy policy.

Under Obama, Taxes Are Lower Than Ever

Since Barack Obama took office, federal taxes have been lower for pretty much everyone.

Obama’s Budget Proposal: Is It A Trap?

You don’t have to be Admiral Akbar to suspect that the President’s refusal to deal with entitlements in his budget proposal is a trap for the GOP.

President Obama Drops The Ball On Deficit Reduction

President Obama’s new budget involves nothing less than a thumb in the eye of anyone who hoped he would seriously address federal spending in his first term.

Alec Baldwin Faces Tax Charges

Actor Alec Baldwin is among hundreds being targeted by New York City for tax evasion. Is it reasonable to have to prove where you live?

America’s Most Bizarre Taxes

American states and localities, desperate for new sources of revenue, concoct some creative ways to tax.

Americans Hate Taxes And The National Debt, Don’t Know What They Want To Cut

The American public still has a totally unrealistic view of what it will take to get the Federal Government’s fiscal house in order.

House Republicans To Take Up Repeal Of ObamaCare 1099 Reporting Rules

There appears to be bipartisan support for repealing one of the most egregious tax rules in last year’s Affordable Care Act

Compromise, 2011 Style

Compromise in politics involves more than compromising one’s principles.

Conservatives For Higher Taxes

Politics makes for strange bedfellows and, when it comes to the debate over the extension of the Bush tax cuts, anti-tax Republicans are making common cause with soak-the-rich progressives.

Mr. Sanders Goes To Washington

Bernie Sanders took to the floor of the Senate yesterday to rail against President Obama’s tax cut deal. It was history in the making, but it’s not clear that it actually accomplished anything.

Headline of the Year

Obama Defends Tax Cut Deal As Democrats Signal Opposition

Amid signs that Democrats in Congress might rebel against the tax cut deal he struck with Republicans, President Obama took to the airwaves today to defend it at the same time that his base is rebelling against it.

Obama’s Tax Cut Compromise: Masterful Politics, Or A Fatal Cave-In?

President Obama is already taking heat from the left for his compromise on tax cut extensions, but will it actually hurt him in the end?

President Obama, GOP Reach Tax Cut Extension Deal

President Obama and the GOP have reached a deal on extending the Bush tax cuts that gives the GOP virtually everything it wanted.

Why Democrats Are Losing The Tax Cut Debate

Democrats are losing the debate over the extension of the Bush tax cuts, but when you look at the playing field it seems pretty clear that that they never had a chance.

Line of the Day: Tax and Spend Edition

They aren’t going to stop, but the cliches that pass for debate sure are tiresome (plus some musings about the tax cut extension debate).

Senate Rejects Democratic Plans On Tax Cut Extension

The Senate rejected an effort to limit the extension of the Bush tax cuts based on income level. At this point, the only question is when Democrats will concede defeat on this debate.

Memo To Congress: It’s The Economy, Stupid

Today’s job numbers make it clear that Congress has only one duty, and that is to do everything it can to stimulate real economic growth.