RUSH: Hey, folks, have you seen the economic news today? Have you heard about the unemployment numbers today? (laughing) Gross domestic product, have you heard about any of that? Because I have it here, and it sucks. It’s a disaster. The economy of this country remains a disaster. And we, the American people, have just been deceived in ways that nobody contemplated. And what we now have is the biggest tax increase in the history of the world. What we have been told by the chief justice of the Supreme Court and four liberals on the court: Obamacare is just a massive tax increase. That’s all it is. Obama lied to us about that. The Democrats lied. “It wasn’t a tax. There was no way it was a tax.”(Read More)
A two-part News 13 WTHR Indianapolis report uncovered a tax loophole involving undocumented workers that costs taxpayers over $4.2 billion a year. What’s worse is that the IRS has known about the problem for years.
Russell George, the U.S. Department of Treasury’s Inspector General for Tax Administration said that the IRS has known about the problem for years and that “the magnitude of the problem has grown exponentially.”
The House Republican freshman class has ratcheted up pressure on Speaker John Boehner to draw a sharp contrast with Democratic progressives and bring full repeal of the federal estate tax — popularly derided as the “death tax” — to a vote on the House floor.
Read more: http://dailycaller.com/2012/04/30/house-gop-freshmen-pressure-boehner-to-call-vote-on-death-tax-repeal/#ixzz1tdvFOrhG
Jonathan Goldberg gives his opinions on this mess.(Read More)
When it comes poltical posturing, the current fight over extending this year’s payroll tax cut is a classic(Read More)