by Jane Richey | Nov 29, 2013 | Constitutionally Limited Goverment, Fiscal Responsibility
In Washington, members of the budget conference committee are considering several options that could increase spending by up to an additional $100 billion. What’s standing in their way is sequestration: the automatic spending cut mechanism President Obama signed into...
by Jane Richey | Nov 1, 2012 | Fiscal Responsibility, Politics
More than 30 million households could be hit with the Alternative Minimum Tax (AMT) if Congress doesn’t take action after the election, adding another pressure point to talks on the “fiscal cliff.” Democrats and Republicans agree that Tuesday’s election will go a long...
by Jane Richey | Oct 23, 2012 | Constitutionally Limited Goverment, Fiscal Responsibility, Free Markets, Politics
There is a good reason why Republicans and Reagan Democrats oppose tax increases and favor spending restraints: A dollar of tax increase to pay for an additional dollar of government spending costs the economy much more than a dollar — and that price is payable in the...
by Jane Richey | Jun 27, 2012 | Constitutionally Limited Goverment, Free Markets
Senator Jim DeMint: If Congress fails to act, Americans will face a $494 billion tax increase — the highest ever in one year — on January 1. What has been referred to as Taxmageddon might better be labeled “Jobsmageddon” because every dollar taken away...
by Jane Richey | Apr 16, 2012 | Uncategorized
The facts of the Buffett Rule are simple. The President wants millionaires (and small businesses taxed as individuals) to pay a minimum tax of 30 percent. For all of his rhetoric that the measure would “stabilize our debt and deficits for the next decade,” the Buffett...