Tax Reform ATR believes that all consumed income should be taxed one time, at one low and flat rate. Link
Mothers of special needs children are hit especially hard by #Obamacare: http://t.co/dJuaGAT9LE
taxreformer
#Obamacare's looming tax increases are a train wreck waiting to happen: http://t.co/opFkyf1guJ
taxreformer
The Internet Sales Tax Vote Breakdown: A Republican Generation Gap: http://t.co/7GpRtPZGuh #NoNetTax
taxreformer
We're just beginning to scratch the surface on this IRS thing, folks. I'm talking more about it w/ @GerriWillisFBN tonight, 6pm^ET
MDuppler
Surprise: #Obamacare Leading to Higher Health Costs: http://t.co/J6dfnKqFYZ
taxreformer
In light of the developing IRS scandal, ATR’s @RyanLEllis asks, “Are these the people you want doing your taxes?”: http://t.co/oKvpIofu7Y
taxreformer
New @Mercatus video breaks down what’s at stake for states considering expanding Medicaid under #Obamacare: http://t.co/9TH9ftOBPF
taxreformer
List of Upcoming Obamacare Tax Hikes http://t.co/yEdM94o6lw
taxreformer
ATR’s @MDuppler discusses the ramifications of the developing IRS scandal on @VarneyCo: http://t.co/ZvMvMW9fRE
taxreformer
In new @DailyCaller op-ed, @GroverNorquist urges Congress to question IRS agents involved in this scandal: http://t.co/M0gV2GpQ9G
taxreformer
Former Pennsylvania governor and current MSNBC contributor Ed Rendell was down at the DNC in Charlotte this week. As usual, Rendell used his time in front of the cameras to attack Mitt Romney and Paul Ryan. Yet Ed Rendell should shy away from discussing economic and budgetary issues, because when it comes to such matters, it’s clear from Rendell’s record as governor that he is throwing stones from a glass house.
Rendell and company blame Obama’s horrible economic record on the fact that he was “left with a mess.” As it would happen, Ed Rendell left his state in a fiscal mess and his successor, Republican Gov. Tom Corbett had to step in and fix it. Corbett quietly went about eliminating the $4 billion deficit that Rendell stuck him with and did so without raising taxes and, unlike Obama, without whining about having to do the job that he applied for.
Spending and responsible budgeting are also topics that Rendell would be wise to leave alone. Rendell was governor of Pennsylvania from January 2003 to December 2010. Pennsylvania’s Commonwealth Foundation found the following when analyzing state spending under Rendell:
“the state's total operating budget grew from $45 billion to $66 billion, while the General Fund Budget grew from $20 billion to $28 billion. While inflation was under 20 percent, spending in Harrisburg increased by 47 percent. This growth is unsustainable.”
In addition to imposing billions of dollars in higher taxes on a host of goods and services, Rendell also raised taxes on small business, hiking the personal income tax rate – the rate at which small businesses face taxation. However, Rendell is a fitting campaign spokesman in this respect, as President Obama is pushing for a federal tax hike on the majority of small business profits to kick in on January 1st, 2013.
Not surprisingly, Rendell’s tenure was not good for job seekers in Pennsylvania. In fact, if the topic of job creation ever comes up during one of Rendell’s appearances on MSNBC, he should really just take off his mic and leave the room. Under Rendell’s tenure, Pennsylvania’s unemployment rate rose by more than 39 percent, leaving his successor with an 8.5 percent unemployment rate. In fact, on his way out the door Rendell sought to raise taxes on what was one of the few bright spots of the Pennsylvania economy at the time - natural gas production. Gov. Tom Corbett has since been able to help bring unemployment back below eight percent while reducing spending and keeping taxes low.
Mitt Romney, who Rendell will continue to attack on the airwaves over the next two months, saw unemployment drop in Massachusetts during his time as governor. These are just a few things to keep in mind next time you hear Ed Rendell preach about good governance or attack Mitt Romney.
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