Tag Archives: Taxes
Barack Obama filed his tax return, showing he made about $1.7 million last year.
WASHINGTON – President Barack Obama is making less money than he used to, though it’s still a lot: He and wife Michelle reported income of $1.73 million last year, mostly from the books he’s written, according to his just-filed tax return. That was down from the $5.5 million of a year earlier.
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There’s an old saying; A picture is worth a thousand words. Pie charts will likely never be confused with great art in terms of story telling, but they have a way of making complicated issues clear. Income taxes are one of those things that are naturally difficult to grasp and the issue is made that much more opaque because liberals love to obscure the facts.
One of the shibboleths of the left is that the rich don’t pay their fair share of taxes. One of the more amusing segments of the 2008 Presidential campaign involved Neal Boortz asking then Democrat hopeful Dennis Kucinich two simple questions: Continue reading
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In 2009 Obama promised to halve the deficit by FY 2013. As Jim Geraghty said…….oh heck, I am tired of quoting that. Barack Obama has ballooned both deficits and the national debt. At the rate he’s going he will double the national debt to 26 trillion in ten years.
“In 2021, the national debt will have risen to $26.3 trillion, increasing by $1 trillion every year until 2021. Obama’s budget does not contain any plans for balancing the federal budget or reducing the national debt.” Continue reading
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Since the days of President Franklin D. Roosevelt and the advent of his Social Security program in 1935 Americans have been addicted to the false sense of security that the program provides. Social Security has given Americans the false perception … Continue reading
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