In a previous article, I put the spotlight on Oregon’s Initiative Petition 28 (IP 28), a gross receipts tax to be paid by C corporations nationwide on all sales of $25 million and above whether or not the company is profitable or not. According to its proponents, it’s all being done in the name of large corporations paying their “fair share” of taxes, but that’s only one goal. I dug a lot deeper into this and found that the consortium of supporters, including teachers’ unions, the SEIU and AFSME among others, are engaged in committing what amounts to a business assassination attempt on the Koch brothers, owners of Koch Industries.
Thumbtack.com has published the results of their latest small businesses survey for 2013. They conduct a survey of questions directly with business owners across the nation and categorize the results by state and by cities. The questions cover a broad range of topics. 1. Overall small business friendliness 2. Ease of starting a small business […]
The idea that we cannot find anything in the budget to cut is simply ludicrous. From Heritage: Potential Sequestration Replacement Proposals Estimated Annualized Savings (in millions of dollars) Proposal Agriculture $4,500 Phase out or cap farm subsidies. $400 Reduce premium subsidy in crop insurance. $5,638 Restrict automatic eligibility for food stamps, accelerate sunset of enhanced stimulus […]
WASHINGTON, D.C. – House Majority Leader Eric Cantor (R-VA) today released the following statement outlining numerous common-sense alternatives that House Republicans have put forward to responsibly replace the President’s sequester: “President Obama is warning of the grave effects of the sequester he proposed in 2011. House Republicans agree this is not the best way to cut […]
Obama looks everywhere but in the mirror for America’s problems A day after the Labor Department released the dreary jobs report for January, President Obama took to the airways in his weekly media address to consider the state of the economy and the coming battles in Congress over the nation’s looming fiscal crisis. The president […]