The Bear on Oct 06 2008 | Filed under: Election 08’, Taxes
What happens to our society and politics when so many Americans no longer expect to share the income-tax burden and instead think “tax relief” means getting checks extracted from “the rich”?
The Bear on Sep 19 2008 | Filed under: Election 08’, Taxes
The Obama tax plan essentially tells middle-income people that they have no hope of ever making it into the top ranks of taxpayers.
The Bear on Sep 03 2008 | Filed under: Election 08’, Taxes
Mr. McCain, on the other hand, has been clear that he wants to preserve the favorable incentive effects of the existing low tax rates — and to reduce taxes in other ways that will strengthen the economy, create jobs and help current taxpayers, including those without health insurance.
The Bear on Aug 29 2008 | Filed under: Social Security, Taxes
The problem with Mr. Obama’s fiscal plans is not that that they lack vision. On the contrary, the vision is plain enough: a larger welfare state paid for by higher taxes. The problem is not even that they imply change. The problem is that his plans are statist.
The Bear on Aug 22 2008 | Filed under: Taxes
Leaders of the Democratic Party are so eager to portray American business as villainous that they will twist and distort facts in order justify even more punitive taxes than we already have.
The Bear on Aug 14 2008 | Filed under: Election 08’, Taxes
Abruptly raising taxes could be “lethal,” according to Mundell.
The Bear on Aug 07 2008 | Filed under: Polls, Taxes
With taxes front and center this week in the U.S. presidential campaign, 50% of Americans still see tax increases as bad for the economy and an identical percentage favor a tax policy focused on economic growth rather than fairness.
In a new Rasmussen Reports national telephone survey, 43% prefer a tax policy based on making [...]
The Bear on Aug 01 2008 | Filed under: Culture, Taxes
Although the way CNN reported it is “Exxon posts record $11.68 billion profit.”
According to CNN, Exxon Mobil once again reported the largest quarterly profit in U.S. history Thursday, posting net income of $11.68 billion on revenue of $138 billion in the second quarter.
That profit works out to $1,485.55 a second.
Buried in the story we also [...]
The Bear on Jul 19 2008 | Filed under: Taxes
Imagine the reaction when both traps clamp down on the American public and taxes increase dramatically in just three years.
The Bear on Jul 11 2008 | Filed under: Taxes
The U.S. tax system is highly progressive. The top 1 percent of income earners, by household, paid 39 percent of all federal income taxes in 2005, whereas the bottom 50 percent paid a little over 3 percent. Further, 32 percent of all tax returns filed in 2005 were from people who paid no federal income tax at all.
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