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Details of Obama’s 2009 Tax Increase Proposals

“Read my lips: no new taxes.” George H.W. Bush “If your family earns less than $250,000 a year, you will not see your taxes increased a single dime.” Barack Obama George Bush’s infamous campaign promise probably haunts him to this day....

Average Federal Tax Rates, by Income Percentile

Average Tax Rates 2006 Since we were talking taxes and redistribution of income, I thought it would be relevant to give you some information on the Average Tax Rates paid by different segments of the population over the course of the last 30 years. Average Tax Rates,...

Thoughts on Obama’s Plan for Social Security Reform

I’ve contemplated Barack Obama’s plan to reform Social Security for long enough. I have only one question: why am I going to be disadvantaged just because I’m young? Obama’s plan to address the coming Social Security funding gap does not call...