In February the Obama administration's acting director of the Office of Management and Budget, Jeff Zeints, told the House Budget Committee that the penalty for not purchasing health insurance under Obamacare is not a tax. Watch below:Read more
The National Organization for Marriage (NOM), a pro-traditional marriage organization, alleges that confidential tax forms were either leaked or stolen from the IRS and illegally distributed by its opponents to the media.Read more
Chicago Tribune: Cain accuser "continued to run afoul of creditors as recently as this summer" and fiancé "is unemployed and preparing to file for bankruptcy."Read more
Barack Obama has said that raising taxes in a struggling economy is “the last thing you want to do,” but for some Democrats on Capitol Hill raising taxes is a top priority. A proposal from Democratic members of the House Ways and Means Committee obtained by THE WEEKLY STANDARD favors raising top marginal income tax rates to nearly 50 percent.Read more
A new study by economists Diana Furchtgott-Roth and Harold Furchtgott-Roth shows that one provision of Obamacare, a 2.3 percent excise tax on medical device manufacturers, could cause significant job losses—over 43,000, according to the report—in the industry. The whole report can be read here, but here are some of the study’s major findings (emphasis added):Read more
Wipe that smirk off your face, Mister President. “We cannot afford $1 trillion worth of tax cuts for every millionaire and billionaire in our society.” Is there some Sidwell Friends night school class liberal politicians take to perfect an expression of smug disdain? When Teddy Roosevelt was demagogue-in-chief he at least had the nerve to come right out and call the successful people he despised “malefactors of great wealth.” He didn’t simper and moue at his audience. Go ahead and say it, President Obama: Let’s steal from the rich and give to the poor. Never mind that we’re doing a pretty good job of it already.Read more
Barack Obama’s budget address last week ranks among the most dishonest and dishonorable presidential speeches in generations. It contained an avalanche of false and misleading statements. It was shallow and bitterly partisan. Yet the speech served a useful purpose: It provided the American people in general, and Republicans in particular, with the basic line of attack President Obama will use between now and the 2012 election.Read more
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