Taxes
Senate passes monster spending bill
The Senate passed the Inflation Reduction Act bill on a 51-50 vote. None of the Republicans supported the bill; Kamala Harris responded by casting the tie-breaking vote. The bill goes to the House for consideration. This bill has a provision that would increase taxes for those making less than $400,000 a year. From Fox News: […]
Reality Check
AOC’s brilliant plan to eliminate fossil fuels is not getting a good reception in the working classes. However, Biden appears to be floating over in that direction while voters are slowly oozing away from him, in the opposite direction. In fact, people who would normally vote Democrat appear to be moving to the right-hand side […]
Eric Swalwell: Ban Ownership of More than 200 Rounds of Ammo
Swalwell outlined his plan to the 18 people who showed up to hear him talk near NRA headquarters in Fairfax, Virginia. Eric is on a roll! Not satisfied with merely banning common firearms like the AR-15 and AK-47 and “buying them back” with our tax dollars, now he proposes to limit personal ammo to 200 […]
Obamanomics
Here’s our Poetrooper with another article, this one about how well (or not) the previous administration handled the largest economy on the planet. Don’t worry about the charts; I’ll take them at face value until I see the data behind them. Here’s Poe: The Obama economic disaster revealed in one glance The Federal Reserve Bank […]
The Peasants are Rioting in Paris….
The French are rioting over Macron’s increase in the carbon tax. https://www.atr.org/french-revolt-against-carbon-tax In France, diesel fuel is now at $8.20/gal and gasoline at $9.00/gal. The bulk of the price at the pump here is taxes, not fuel costs. Macron wants to increase the carbon tax in France to $63/tonne. There is no reason for it, […]
California Democrats craft bill to capture tax cut windfall
I guess that companies that have passed on their expected tax savings from the Trump tax cut to their employees – you know, people who actually work for them – isn’t good enough for California Democrats, according to SFGate; A proposed Assembly Constitutional Amendment by Assemblymen Kevin McCarty, D-Sacramento, and Phil Ting, D-San Francisco, would […]
Are the Gloves Off Yet?
From Wattsupwiththat: Bodaprez’s climate ‘funding’ $77 billion(!!) stash has been found and is going to be gutted. https://wattsupwiththat.com/2017/03/16/obamas-77-billion-climate-funds-stash-found-will-be-gutted/ It’s been hidden by not being specifically labeled ‘climate change’ or ‘climate related’ and buried in programs that have nothing to do with the climate or even with the weather. “In some cases, the idea was to make […]
Common Leftist Economic Claims, Part II: Refuting the “Supply Side” Canard
To continue from yesterday’s article: in a previous article here at TAH, one of our frequent commenters made this unsupported claim: Additionally, inflation adjusted income is negatively correlated with tax cuts for the the top tax brackets. Presumably, the individual meant “increasing inflation adjusted income”. I’ll make that assumption, because otherwise the statement doesn’t make […]
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