Debt Ceiling who will blink first
When you play poker and you are trying to bluff everything turns on the deception. Sometimes you take a risk by saying you have something you do not and make it so attractive you force the other hand...
View ArticleMitt Romney made $21M in 2010 without working
So when we told you that the lame streamer we going to pull out the old playbook on Mitt Romney it is clear that he saw it coming as well. One of the knocks on Mitt is he has been running for...
View ArticleCongress could do something
We always knew the number was high. We never thought it would get this out of control. At the same time everything is going up so why should not this? The value of US tax breaks exceeds $1 trillion....
View ArticleFiscal Cliff and the congress
Do not let anyone kid you we are going to pay our favorite congressional game, kick the can. They kick the defiet, spending cuts and taxes down the road for the future. They did it so we have a fiscal...
View ArticleCongress starting to dig in on cliff
There have been fail safes put in for the fiscal cliff before election season even started. The Democratic-controlled Senate passed a bill in July that would extend many of the expiring George W....
View ArticleThe rich are paying more taxes
We have found another debate point President Obama won on that is not true. The CBO now confirms that wealthy families already are paying some of their biggest federal tax bills in decades even as the...
View ArticlePresident Tax Return lowest ever
Filed under the careful what you wish for we are looking at the president’s tax return. President Barack Obama had $609,000 in income that he and first lady Michelle Obama reported the lowest ever...
View ArticleAirlines find a new trick from old dog
When you have a culture that no one loses, everybody gets a trophy. When you have a safety that means no one has to work, as the unemployment benefits continue to get extended. It goes all the way to...
View ArticleRenouce US just got expensive
It is the Sunday before Labor Day and as with all Labor Day weekends nothing is going on. We did find a story that caught our eye. Over the last two years, the US has had a spike in renouncement. The...
View ArticleHighest Tax Revenue Ever
We wonder how we still have debt, just goes to show how much money your government is spending. Inflation-adjusted federal tax revenues hit a record $2,663,426,000,000 for the first 11 months of the...
View ArticleRecord taxes and still creating deficit
Numbers do not lie, as in life there is a scoreboard and the result is fact not opinion. The Treasury continues to collect record amounts of tax dollars. Month after month the only growing industry in...
View ArticleFree College do not save
We are not impressed with any policy from this White House and the latest President Barack Obama idea is no different. The latest brain storm is to scale back the tax benefits of college savings...
View ArticleIRS joins social media
There are now multiple sources reporting the budget cuts at the Internal Revenue Service will hamper the call center. They are hoping to use social media to help customers online. The latest is to use...
View ArticleObamacare Tax Bills are due
We think staying on a tax theme this week is a good place to go. There will be anywhere from three to six million Americans that will have to pay the Obamacare tax penalty for not having health...
View ArticleObamacare – pay tax still no sign up
We knew this would be the case and Obamacare will fail if they try to funding to young people buying into the program. The special enrollment period to obtain health insurance for millions of uninsured...
View ArticleTreasury brings in 18.3% more under this president
We do this story every year around tax time. The federal government has set an all-time record for the amount of inflation-adjusted tax revenue brought into the federal Treasury from the beginning of...
View ArticleHighest Taxes Ever
We knew it was going to happen but the final numbers when read are a huge slap in the face. We reported before the federal government was setting all kinds of records for income. That is income to them...
View ArticleFull time tax payers paying $16,451
We keep reporting this story and it never goes in the right direction. We are pretty sure you will not see this on the lame stream media, probably due to the hopeless nature of it. How is your 2015...
View ArticleRecord Taxes no change to debt
It is sad but it look like we are going to get to publish this post every month for the rest of the reign of President Barack Obama, how did we get here? The federal government had another banner month...
View Article$3,248,723,000,000 in taxes in fiscal 2015
It is our monthly you cannot believe how much we pay in taxes post, followed by how they spent more than we gave them again. The federal government broke the record and grabbed a new high of...
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