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tax hikes

Voters Reject Direct Taxes, But Fall for Costly Spending, On Ballot Initiatives

Lee Schalk , While New Jersey and Virginia gubernatorial races dominated headlines last week, the most fascinating election story wasn’t on the East Coast. It was in Colorado, where Michael Bloomberg and Bill Gates chipped in millions to fund a $1 billion income tax hike campaign, only to see it handily defeated by nearly a […] Continue reading →

A Funny Look at How Obamacare Screws Young People

Daniel J. Mitchell During the big-spending Bush years, economic and fiscal people inside the Administration often would sympathize with my complaints about bad policy, but say that there was nothing they could do since all the big decisions were being made by the political types in the White House. In other words, Karl Rove and his crew were […] Continue reading →

CEOs Gloomiest on Economy Since 2009

As if the looming “fiscal cliff” isn’t frightening enough, new results suggest it’s already doing very serious damage to the economy. And it’s only September. According to a new survey released by the Business Roundtable, corporate America’s view of the economy is as bleak now as it was in 2009, when the economy was struggling […] Continue reading →