7:23 AM, Feb 19, 2015 • By WHITNEY BLAKE
On its much maligned Twitter feed, Think AgainTurn Away, the State Department is denouncing higher taxes -- and even asserting they're evidence a utopian society is a pipe dream.
Stop the presses! Where is the outrage from liberal academia and elites over this major fiscal policy faux pas from their kindred spirits at Foggy Bottom?
Well, before one jumps to the conclusion that the State Department is advocating for lower taxes, read the fine print. Higher taxes are apparently bad for those living in Syria under ISIS rule. No word about any other taxpayers in any other countries:
The State Department is doing its part in the war against ISIS -- the social media war, that is -- with its acerbic hashtag weapons.
It's hard to tell if the pen is mightier than the sword, considering, well, neither are very mighty at the moment.
But maybe the State Department is onto something after all, at least from an economic perspective. Are higher taxes actually just "propaganda" to further a "false" utopian agenda?
Surely there must be some way to examine this hypothesis further. Perhaps one could study the success rates of previous utopias. Or one could take a trip to the DMV. Or try to sign up for Obamacare. Or visit a local public school. Or hunt for successfully completed "shovel ready" projects in one's hometown. Any one of these activities would keep a person occupied for days!
But the State Department doesn't stop there with its soft diplomacy musings. It also wants to provide access to gainful employment opportunities for ISIS sympathizers, as Marie Harf made abundantly clear.
More jobs instead of government welfare programs? Lower taxes to boot? And for good measure, fomenting anger towards money-grabbing bureaucrats who stiff the taxpayer with poor quality service? If one didn't know any better, one would think the State Department got its talking points from the Tea Party.
The folks at Foggy Bottom may have stumbled onto a kernel of truth regarding lower taxes. If only they would share their new found wisdom with the rest of the executive branch, and apply it to our own pocketbooks. #lowertaxesforall?
9:00 PM, Feb 2, 2015 • By DANIEL HALPER
Senator Jeff Sessions, the former ranking member of the Senate Budget Committee, says President Obama's proposed budget "raises taxes by $2.1 trillion."
"The President has sent another tax-and-spend budget to Congress," Sessions says in a statement responding to Obama's proposed budget.
Has there ever been a president so contemptuous of his own supporters?10:48 AM, Jan 23, 2015 • By ETHAN EPSTEIN
In spite of his own mostly impressive educational pedigree, President Obama has always harbored an anti-intellectual (or, to be generous, anti-academic) streak. Whether insulting art history in a failed appeal to "Real 'Muricans," or developing a philistine "College Scorecard," which reduces the entire value of education to future earnings, it's become apparent that in the president's estimation, American higher education should basically be a network of pretty good trade schools. You know, the kind of place where the “folks” drop their G’s when engaging in conversation.
2:50 PM, Jan 21, 2015 • By IKE BRANNON
Republicans have been tripping over one another to slag President Obama’s tax proposal, made in his State of the Union address, to repeal the step-up in basis on inherited wealth and use the revenue it would generate to increase the child tax credit and pay for free community college. While it’s almost Pavlovian for Republicans to attack any Obama tax proposal, this one actually contains the seeds for a radical tax reform that would be much more conducive to economic growth than anything currently on Paul Ryan’s desk.
Congress’s GSE reform plan has relatively little reward for the taxpayer without absolving them of all risk.1:10 PM, Sep 30, 2014 • By IKE BRANNON
Few people are happy with the limbo in which Fannie Mae and Freddie Mac currently dwell. The Treasury placed the two government-sponsored entities that buy and guarantee the bulk of all mortgages issued in the United States into a conservatorship in 2008 after the collapse of the housing market, which decimated the value of the loans they held and rendered the two insolvent.
Obama’s ‘economic patriotism.’Aug 11, 2014, Vol. 19, No. 45 • By FRED BARNES
When he’s in trouble, President Obama changes the subject to the economy. And in speech after speech, he utters some version of this line: “We know from our history, our economy does not grow from the top down, it grows from the middle up.”
1:16 PM, Jul 30, 2014 • By ETHAN EPSTEIN
Casual dining establishment TGI Fridays, you may have heard, is advertising what it bills as “endless” appetizers for a mere $10. Yet if you dine at Fridays here in the District of Columbia, you can expect to spend $11, not $10, on the “endless apps,” once DC’s 10 percent dining tax is included.
11:18 AM, Jul 23, 2014 • By IKE BRANNON
A wizened soul who worked in the bowels of the United States Treasury in the Eisenhower administration once explained to me all that is wrong with the U.S. tax code.
11:45 AM, Jul 15, 2014 • By GEOFFREY NORMAN
There was a time when stock car racing was an outlaw sport. Some of the greatest of the early drivers learned their skills hauling moonshine. Most conspicuously, Junior Johnson who did a stretch in the federal crossbar hotel. But the days of Junior, Richard, Dale, and the rest of them are long past. NASCAR went corporate and like all “mature industries,” it learned how to play cozy with Washington.
5:42 PM, Jul 14, 2014 • By GEOFFREY NORMAN
Representative Peter Welch (Democrat, Vermont and, by the way, my representative) has announced that he is in favor of raising the tax on gasoline. He has a safe seat and, anyway, in Vermont it isn’t politically dangerous to propose a tax increase, especially if it can be somehow made into a positive for jobs and infrastructure and a negative for automobiles and oil companies. Vermont is eagerly anticipating the arrival of cars that are powered by wind.
Get them where they drive.9:24 AM, Jul 7, 2014 • By GEOFFREY NORMAN
Washington needs more money and if it doesn’t get it, your morning commute will become:
a) more expensive
12:00 AM, Jun 28, 2014 • By IRWIN M. STELZER
To meteorologists, an inversion is a deviation from the normal change of an atmospheric property. It can lead to pollution and adverse health effects. To Wall Street dealmakers, and now to most boards of directors, an inversion is a cross-border merger that allows the buyer to reincorporate in a more tax-friendly jurisdiction.