by Jane Richey | Oct 31, 2013 | Constitutionally Limited Goverment, Fiscal Responsibility
New Year’s Day was tough for taxpayers. Thirteen tax increases kicked in. The deal that Congress and President Obama struck that finally—but only partially—avoided the fiscal cliff resulted in seven tax increases. Those hikes combined with six tax increases from...
by Jane Richey | Aug 20, 2012 | Constitutionally Limited Goverment, Fiscal Responsibility
A provision of President Obama’s health care law imposes a second Medicare tax on investment income for Americans classified as wealthy, effectively raising taxes on investment income and taxing investors twice. The provision, a little-known part of ObamaCare, levies...