In Case You Missed It…
AP: Unemployed “dumbfounded” by Democrat plan to tax benefits Republican stimulus eliminated taxes on unemployment By Dave Carpenter CHICAGO…
Read More (AP – Surprise: Uncle Sam’s Jobless Gift Has Strings)By Chas Sisk Tennessee could reject a portion of the $787 billion economic stimulus package out of concerns that it…
Read More (Tennessee May Reject Stimulus Aid for Jobless)By Alan Reynolds House Democrats propose to spend $550 billion of their two-year, $825 billion “stimulus bill” (the rest…
Read More (WSJ – $646,214 Per Government Job)The head of the Senate Budget Committee said he doubts President-elect Barack Obama’s $825 billion economic stimulus package will…
Read More (Bloomberg: Senator Conrad Doubts Stimulus Plan Will Create 3 Million Jobs)Tomorrow House Democrats plan to bring a bill to the floor that will expand the Children’s Health Insurance Program….
Read More (Red State – Democrats’ SCHIP Plans are All Smoke and Mirrors (RedState))A 2006 Joint Economic Committee (JEC) study found that death tax “liabilities depend on the skill of the estate planner, rather than on capacity to pay.” So much for tax fairness. By contrast, “family-run firms and farms particularly feel the pinch of the estate tax, because they are less likely to have the liquid resources needed to meet their estate tax liabilities.” The latest JEC estimate is that the death tax has reduced the stock of capital in the economy by about $847 billion.
Read More (WSJ: Estates of Pain)