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A majority of banking executives believe they will have a difficult time addressing the tax implications of the Dodd-Frank Wall Street Reform and Consumer Protection Act and the Basel III accords, according to a new survey.
The Obamacare law contains 20 new or higher taxes on American families and small businesses
Taxpayers are reminded that the president’s healthcare law is one of the largest tax increases in American history.
Obamacare contains 20 new or higher taxes on American families and small businesses.
Arranged by their respective effective dates, below is the total list of all $500 billion-plus in tax hikes (over the next ten years) in Obamacare, where to find them in the bill, and how much your taxes are scheduled to go up as of today:
a contract which dictates and controls your behavior as a public servent is despicable, deplorable, and in my opinion criminal
or to disassociate yourself from his illegal control of our party by publicly stating so
Ahead of the looming expiration of the Bush tax cuts, an influential activist known for enforcing GOP anti-tax absolutism is reinterpreting his famous pledge, making it harder for Republicans to compromise in a way that ultimately raises federal revenues.
All but a handful of congressional Republicans have signed — and strictly adhered to — Grover Norquist’s pledge to “oppose any and all efforts” to raise taxes or revenues. But the White House’s insistence that President Obama will veto attempts to extend all of the Bush tax cuts creates a new incentive for Republicans to cut a deal with Democrats after the election. For that reason, Norquist is insisting on an interpretation of his pledge in which failing to prevent a tax increase — or even voting to partially cut a lapsed rate — would constitute a violation.
As the Republican National Convention begins this week, one of the party's most powerful players is neither a candidate, nor a speaker, nor a delegate. He is not a member of Congress, nor the holder of any public office. He's a lobbyist and a conservative activist named Grover Norquist, who over the years has gotten virtually every Republican congressman and Senator to sign an oath called, "The Pledge." It's a promise that they will never, under any circumstances, vote to raise taxes on anyone. And so far, Norquist has held them to it. As we first reported last fall, Grover Norquist, through the pledge, controls 279 votes, including both the speaker of the House, and the Senate minority leader. Mitt Romney and Paul Ryan have signed it. And in the coming campaign, you can be sure that Grover Norquist won't let them forget it.