Hot Air » tax code

N.C. Democratic Party chair owes $286K in back taxes

Mary Katharine Ham — Thu, 28 Feb 2013 19:31:10 +0000

The left is ramping up its efforts to turn North Carolina blue again, and this is the man who shall lead them: Court records show the new head of the North Carolina Democratic Party owes nearly $286,000 in back taxes and penalties. Pittsboro Mayor Randy Voller was elected party chair earlier this month, pledging to [...]

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Jack Lew: I had no idea my money was even in the Cayman Islands

Erika Johnsen — Thu, 14 Feb 2013 01:01:53 +0000

Oof.

I point this out, not because I think that Lew’s erstwhile Cayman Island holdings in and of themselves should be a discrediting factor in his nomination to replace Tim Geithner as head of the Treasury Department; again, if politicians are looking for someone or something to blame for wealthy people looking to save more of [...]

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Congressionally censured tax cheat tells Romney ‘Americans pay their taxes, unlike you.’

Mary Katharine Ham — Thu, 20 Sep 2012 16:01:10 +0000

I'm shameless. Oh, honey, I don't have a prayer.

Chutzpah, thy name is Charlie Rangel: “Nothing can be further from the truth than Gov. Romney’s ridiculous remarks that nearly half of American people do not pay federal income taxes, they pay other federal and state taxes. The 47 percent figure cited by the Republican presidential candidate covers only the federal income tax and ignores [...]

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Looks like Wall Street isn’t crushing quite so hard on Obama this time around

Erika Johnsen — Mon, 16 Jul 2012 20:01:48 +0000

Harry Reid: "Angry old white men" are trying to buy the election.

During the run-up to the 2008 presidential election, Barack Obama was big finance’s favorite candidate by a long shot. Perhaps hoping to put a more Bill Clinton-esque Democrat in the White House (didn’t exactly work out that way, did it?), Wall Street poured money into the Democrats’ fundraising machines: Despite his rhetorical attacks on Wall [...]

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Chamber of Commerce: “America’s Byzantine tax code”

Erika Johnsen — Wed, 13 Jun 2012 22:56:37 +0000

Beautiful. Emphasis mine: A competitive business environment is just as essential to innovation as well-functioning markets. In the enterprise states study, we have fresh evidence of how states are fostering economic growth and jobs through their innovation. What do successful states have in common? A tax and regulatory climate that allows companies to continuously innovate, [...]

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American Mustache Institute claims Ron Paul’s support for the Stache Act

Tina Korbe — Mon, 19 Mar 2012 19:40:46 +0000

Dashing.

Why wouldn’t he support it? It’s just the kind of cause any libertarian would endorse: Government interference into personal grooming, a $250 tax credit for mustached Americans. It’s debatable whether the “mustache lobby” would actually be pleased if Congress passed its Stache Act; It’s looking increasingly probable that they’re just trying to make a point [...]

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ReVolt: Obama wants you to pay even more for cars nobody wants

Tina Korbe — Thu, 08 Mar 2012 20:40:25 +0000

Just great.

In a speech before the Daimler Trucks North America manufacturing plant in Charlotte, N.C. today, the president delivered his answer to rising gas prices: He wants to increase the $7,500 tax credit for alternative-energy vehicles to $10,000, earmark $1 billion to reward cities that provide infrastructure for such vehicles, earmark an additional $650 million for a [...]

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