Barack Obama obliviously lives a sheltered life. But no one had a clue to level the president has been isolated from the real world. While it is common knowledge that all presidents have their team of “handlers” to help them deal with issues such as protocol and diplomacy, it has never been the handler’s role [...]
Caution: Connecticut lawmakers at “work”
State lawmakers in Democrat-dominated Connecticut raised income taxes on the wealthy and borrowed more than $1 billion to balance their budget this week. While a minority Republican legislator spoke on the floor late into the night yesterday, what were his Democrat colleagues doing?
Playing solitaire on their computers:
And watching baseball over the [...]
With all the wailing and the gnashing of teeth coming out of Phoenix over the budget battle, for just a minute I slipped up and felt sorry for Jan and the Gang of Ninety up at the state capitol. For just one moment, I honestly believed that they have been working hard to get a [...]
Seeing Red AZ does the math for us on our state budget (and in less than 1000 pages).
The State Budget Package passed by the House – a five year view
The Tax Reductions – ALL Permanent
* Repeal (elimination) of the Equalization Tax – $250 million per year
* Reduction of the Qualifying Tax Rate (QTR) – $ [...]
As Cnet News reports, “In a surprise move last July, the IRS and Treasury Department said they might reinterpret the Spanish-American War tax on phone calls “to reflect changes in technology” used for voice communications. Then, in January, a congressional committee suggested extending the Spanish-American War tax to all data connections including Internet, satellite and [...]
From The Hill
Bailouts for financial firms and billions in tax revenue lost because of the recession drove the deficit to a record $1.3 trillion in July, according to the independent Congressional Budget Office (CBO).
Tax receipts that have fallen due to the poor economy and increased spending to save car companies, banks and mortgage firms were [...]
