Written by Curtis S. Dubay
Taxmageddon is the one-year $494 billion tax increase that is poised to strike the economy on January 1, 2013. It consists of expiring tax policies such as those set in 2001 and 2003 and the 2010 payroll tax cut. Taxmageddon also includes five Obamacare tax increases.
Congress should not ...
Written by America Dream
Is the U.S. economy in a recession right now? Has the next recession in the United States already begun? Unfortunately, there are a lot of economic numbers that are pointing in that direction. U.S. retail sales have fallen for three months in a row, U.S. manufacturing activity is ...
Written by American Dream
Global leaders have tried just about everything that they can think of, but the coming global financial catastrophe continues to march steadily toward us. We have seen "stimulus packages", quantitative easing, bond buying, interest rate cuts, emergency economic summits, bailout packages for ...
Written by Rep. Paul Ryan:
After today's Supreme Court ruling, Rep. Paul Ryan told TMJ4'sCharles Benson: "We think this is bad for Medicare, it restricts choices of health insurance, and we think this is a budget buster. We think it will hurt us in terms of job creation and we think it will take away the kind of ...
Written by Senator Jim DeMint
If Congress fails to act, Americans will face a $494 billion tax increase -- the highest ever in one year -- on January 1.
What has been referred to as Taxmageddon might better be labeled “Jobsmageddon” because every dollar taken away from individuals and small businesses is a dollar that ...
Written by Joseph Henchman
Record high levels of unemployment and record low reserve funds have placed great pressure on the federal-state unemployment insurance (UI) tax and benefit system. Between 2008 and 2011, $174 billion was paid in unemployment taxes while $450 billion was paid out in benefits, a gap of $276 billion. ...
Written by The Daily Bell
The editors of The Daily Bell are pleased to present another interview with well-known libertarian philosopher Tibor R. Machan
Introduction:Tibor Machan is currently Professor Emeritus, Department of Philosophy, Auburn University, Alabama, and holds the R. C. Hoiles Endowed Chair in ...
Written by Karen Roche and JT Long of The Gold Report
Are developed nations across the globe at the precipice of oblivion? Yep, says pundit John Mauldin. Fresh after the announcement of a new joint venture with Casey Research and the conclusion of his own Strategic Investment Conference in Carlsbad, Mauldin spoke to The Gold Report. He believes ...
Written by The Daily Bell
Bernanke: Be Humble! ... "Humble" is typically not an attribute associated with theFederal Reserve (Fed), especially in light of the trillions of dollars recently printed. Yet, in his latest press conference Fed Chairman Bernanke called for humility: we must be humble in setting monetary policy! ...