Category Archives: Legislation

Politics First, Solving Problems Second: Dems to Schedule Vote on “Buffet Rule” for April 15th

Posted on March 25, 2012 by Russ

Today on CBS’s Face the Nation, Senator Chuck Schumer (D-NY) said that Democrats will schedule a vote on the “Buffet Rule” for April 15th. The so-called Buffet rule would raise income tax rates on anyone making $1 million or more … Continue reading →

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2011 Tax Offender of the Year

Posted on December 31, 2011 by Russ

It’s time again to be considered for that most prestigious of awards, the Tax Offender of the Year. To be considered for the Tax Offender of the Year award, you must do more than cheat on your taxes. It has … Continue reading →

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Tax Increase to Pay for Tax Cuts? Yeah, That’s Gonna Fly…

Posted on September 14, 2011 by Russ

President Obama released his jobs bill on Monday. You needn’t read it; it has no chance of passing the House. Back in July, President Obama stated he’s all for compromising. Either way, I’ve told leaders of both parties that they … Continue reading →

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Four Pinocchios to President Obama

Posted on September 8, 2011 by Russ

At a Labor Day speech in Detroit, President Obama stated, “We said working folks deserved a break, so within one month of me taking office, we signed into law the biggest middle-class tax cut in history, putting more money into … Continue reading →

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Same Old Song and Dance

Posted on September 6, 2011 by Russ

Governor Jerry Brown would like to increase taxes. That appears to be his message to voters. Voters have rejected several income tax increases over the past few years. It’s as if no one seems to care about the voters. I … Continue reading →

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Just Make a Check Out to “Bureau of Public Debt”

Posted on August 16, 2011 by Russ

Warren Buffet penned an op-ed piece where he said the wealthy should pay more tax. The Tax Foundation, imho, opinion gets it right where Mr. Buffet gets it wrong. Rather than repeat what the Tax Foundation wrote, I’d like to … Continue reading →

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Cost of Government Day

Posted on August 15, 2011 by Russ

Americans for Tax Reform released their study on “Cost of Government Day.” This study looks at for an average individual in each state, how long you are working for the Government rather than yourself. On average, you’re working for the … Continue reading →

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While I Was Out…

Posted on August 10, 2011 by Russ

…Nothing much happened, right? (I’m ignoring that AAA/AA+ thing, of course.) The IRS announced that Form 8939 for estates for 2010 will be due on November 15th. However, the form has yet to be released. Joe Kristan noted that the … Continue reading →

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ObamaCare Unconstitutional; Impact on Taxes?

Posted on February 1, 2011 by Russ

As most of you know, a second federal court judge has ruled the Health Care Law that passed last year is unconstitutional. Judge Rodger Vinson didn’t just rule that the mandate that health insurance must be bought is stricken; rather, … Continue reading →

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Raising Taxes Can be Hazardous to Being Mayor

Posted on December 24, 2010 by Russ

The City of Miami has had financial difficulties, and faced a large budget deficit. The economy in South Florida isn’t doing well, so raising taxes would be a last resort, right? Of course not–it’s the first choice. Mayor Carlos Alvarez … Continue reading →

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