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Groups who advocated for the IRS to prepare tax returns sure look foolish these days: http://t.co/oKvpIofu7Y
May 13, 2013 06:30 PM
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"We don't need the federal government mandating additional taxes..." -@MarshaBlackburn on MFA: http://t.co/lAuLJtr5t3 #NoNetTax
May 13, 2013 06:00 PM
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Health insurers and businesses are already feeling the iron-clad grip of regulations in #Obamacare: http://t.co/J6dfnKqFYZ
May 13, 2013 05:30 PM
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Virginia Governor Bob McDonnell Signs Largest Tax Hike in Virginia History into Law http://t.co/Qd6KOFfaPv
May 13, 2013 03:46 PM
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Under #Obamacare, mothers have had a tougher time purchasing non-prescription, over-the-counter medicine: http://t.co/dJuaGAT9LE
May 13, 2013 02:01 PM
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9 out of 20 #Obamacare tax hikes have not even been implemented yet: http://t.co/opFkyf1guJ
May 13, 2013 01:30 PM
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.@GroverNorquist on MFA: "[The Senate] didn't ask all of the questions that needed to be asked": http://t.co/wXfkIR2Ca9 #NoNetTax
May 13, 2013 01:01 PM
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"When architects of #Obamacare are worried about it creating a trainwreck, you know something's gone terribly wrong": http://t.co/J6dfnKqFYZ
May 13, 2013 12:30 PM
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Conservative and Free Market Groups Applaud Move to Delay a Vote on Gina McCarthy: http://t.co/lNQYmJAB12 #EPA
May 13, 2013 12:02 PM
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The #Obamacare train wreck will derail the American economy: http://t.co/opFkyf1guJ
May 13, 2013 11:30 AM
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Attention Senator Coburn: 35 is a bigger number than 28
Senator Tom Coburn is now using the language of the Left as he continues his push for higher taxes.
Attempting to explain his continued push for higher taxes, Sen. Tom Coburn (R-Okla.) made the following claim during an interview Thursday with ABC’s Jonathan Karl:
COBURN: “The fact is, we’re at the lowest tax rate this country’s been in a hundred years. Right now.”
In reality, the top marginal income tax rate for individuals is currently 35 percent. In 1987, after Reagan’s historic tax reform, the top marginal income tax rate for individuals was 28 percent.
“Attention Senator Coburn: 35 is a bigger number than 28,” said Grover Norquist, president of Americans for Tax Reform.
In the interview, Coburn then said:
COBURN: “We are also at the lowest historical level in a long time in terms of revenues coming in.”
Coburn ignores the fact that tax revenues as a percentage of GDP will climb back to or exceed historical levels by the end of this decade (well, unless Coburn raises taxes, that is). This is true even if all scheduled tax hikes are avoided.
“Both of these claims were put forward by Coburn to make the case that Americans were undertaxed and deserved an additional whuppin’ from the tax collector, said Grover Norquist, president of Americans for Tax Reform. Sen. Coburn, we are not undertaxed. Washington is spending too much.”
Posted by John Kartch 
on Friday, May 20, 2011 1:48 PM EDT
on Friday, May 20, 2011 1:48 PM EDTTo follow John Kartch's RSS feed click here. To follow them on Twitter, their handle is @johnkartch
