TaxBytes

Democratic presidential nominee Barack Obama doesn’t just pledge to raise taxes; he proposes to raise the most economically damaging marginal tax rates of every major federal tax: Obamanomics would: Raise individual income taxes, increasing the top two income tax rates, with the top rate climbing by 13 percent, to almost 40 percent.

This can’t be good! The Detroit Free Press reported August 5 that the country’s top three automakers are looking for a bailout from Washington.

Jim Frogue, the state project director for Newt Gingrich’s Center for Health Transformation, has proposed an idea that worth’s considering.

Finally—a trend that works for us taxpayers instead of against us! Government is giving us a close, careful and woefully overdue look at what happens with our tax dollars.

How does that old saying go? Those who refuse to learn from history are bound to .

Sen.

The IRS recently released its “Statistics of Income, 2008” for the spring quarter and guess what, we’re getting more “progressive” all the time.

It’s fun spending other people’s money—at least until the money starts running low.

The government determines how much it pays doctors for seeing Medicare patients, so you know that’s going to create problems.

He’s baaaccck! And maybe that’s a good thing.