Tag Archives: taxes

Fun with Semantics

Republican National Committee Chairman Michael Steele takes House Speaker Nancy Pelosi to task in an RNC fundraising e-mail for claiming that a tax increase isn’t a tax increase. But Steele adds some spin of his own, falsely charging that the tax in question falls on "middle class families and small …
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Corzine, Christie Spar Over Income Taxes

With their race coming down to the wire, the candidates in New Jersey’s gubernatorial contest are attacking each other as ferociously as ever. A TV ad from Republican Chris Christie accuses Democratic Gov. Jon Corzine of not paying state income taxes last year. Corzine’s campaign says the claim is an …
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Cadillac Plans and the Middle Class

The liberal group Health Care for America Now is airing an ad that argues against a tax on high-cost employer-provided health care plans, a revenue-raising aspect of the Senate Finance Committee bill. "Some senators say they want to tax so-called ‘Cadillac’ health care plans, but those proposals will also tax …
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1,120 Days – and Counting – Till Election 2012!

In what could be an early preview of the 2012 campaign, Mitt Romney – a once and perhaps future Republican presidential hopeful – has released a new video on his political action committee’s Web site attacking President Barack Obama on climate change legislation. Romney says that any cap-and-trade proposal "wouldn’t …
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RNC Tax Attack Goes Too Far

The Republican National Committee claims in a new Web ad that Democratic health care plans propose taxes on “charities and small businesses. A doctor’s tax. Taxes on your health insurance. Even a tax on medical supplies.” It’s perfectly true, as the ad says, that “hundreds of billions” in taxes are being proposed – spread over …
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“Clunkers” Credits Taxable?

Q: Will the "Cash for Clunkers" credits be taxed as income for consumers who participated in the program? A: The act establishing the program prohibits the credit from being treated as income for federal income tax purposes. The credits, however, may be subject to a state or local income tax …
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Michelle’s European Vacation

Q: Did Michelle Obama and her daughters use taxpayer money to take a European vacation? A: The first lady, her mother and her children did stay in Europe for a private vacation after the president completed an overseas trip on official business. However, no taxpayer money was used for the …
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Pelosi: Dubious “Leftovers”

The Hill newspaper reported today that Speaker of the House Nancy Pelosi is already spending "leftover" money from a proposed new tax surcharge: House Speaker Nancy Pelosi said Thursday that Democrats could use a proposed new tax on the wealthy to pay down the deficit, if there’s money left over …
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You Talking to Me?

In his remarks on health care legislation today, President Barack Obama didn’t hedge his bets on the subject of cost, stating expressly that a revamped health care system would lead to cheaper care for insured families. "But here’s what else reform will mean for you — and this is for people …
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Tax-and-Spend Twittering

On July 14, House Democrats released their health care bill and Republicans were quick to criticize it. Former House Speaker Newt Gingrich took to Twitter, typing out: “The liberal health bill introduced by pelosi is a disaster. $1.5 trillion in new spending. Tax increases on virtually everyone.” Gingrich wasn’t the …
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