Tax Reform ATR believes that all consumed income should be taxed one time, at one low and flat rate. Link
Gov. Bob McDonnell Signs Largest Tax Hike in Virginia History into Law: http://t.co/iENksi7uQi
taxreformer
IRS tax return preparation invites a conflict of interest: http://t.co/oKvpIofu7Y
taxreformer
These destructive #Obamacare tax hikes will soon be implemented: http://t.co/opFkyf1guJ
taxreformer
"Saying the Marketplace Fairness Act is fair is like saying the Affordable Care Act makes health care affordable" -@MarshaBlackburn
taxreformer
"I can't believe #Obamacare led to higher health care costs," said no economist ever: http://t.co/J6dfnKqFYZ
taxreformer
#Obamacare's 10% tanning tax hits salon owners and customers, most of which are women: http://t.co/dJuaGAT9LE
taxreformer
Groups who advocated for the IRS to prepare tax returns sure look foolish these days: http://t.co/oKvpIofu7Y
taxreformer
"We don't need the federal government mandating additional taxes..." -@MarshaBlackburn on MFA: http://t.co/lAuLJtr5t3 #NoNetTax
taxreformer
Health insurers and businesses are already feeling the iron-clad grip of regulations in #Obamacare: http://t.co/J6dfnKqFYZ
taxreformer
Virginia Governor Bob McDonnell Signs Largest Tax Hike in Virginia History into Law http://t.co/Qd6KOFfaPv
taxreformer
Our post earlier this morning discussed Joe Biden's refusal to dismiss a second "stimulus" package, and his excuse that the administration "misread the economy."
Well, it didn't take very long for an Obama advisor to come out saying that we now need another "stimulus," because the first one was “a bit too small.”
According to Bloomberg News, Laura Tyson, an outside advisor to the administration, said during a speech in Singapore today that the current plan "will have apositive effect, but the real economy is a sicker patient," leading her to believe that the U.S. should consider drafting a second "stimulus" package.
However, a second government spending package will face an uphill battle, as public opinion has shifted and 60% of Americans now outright oppose a second "stimulus," as the most recent Rasmussen poll shows.
Tyson claims that she's only speaking for herself, but chances are it won't be long until the administration is ready to throw more good money after bad, and tax and spenders in Congress may be all too willing to go along. Consider what House Majority Leader Steny Hoyer just said, according to a Reuters story:
I think we need to be open to whether we need additional action.
And certainly liberal economists like Paul Krugman are not only on board, they're charging ahead.
Can you hear the drumbeat? The next "stimulus" battle may be upon us sooner than we think.