Tag Archives: tax policy

Democrats’ 2010 Budget Fiasco

BY GARY ANDRES

The 2010 federal fiscal year ended unceremoniously this week – a political and substantive fiasco for the Democrats. It included a cascade of miscalculations that could haunt the party in the November elections. But that pales in comparison to the serious harm they’ve inflicted on the American economy.

Never before has a party so bungled fiscal policy in the United States , leaving citizens, businesses, and investors with head-spinning uncertainty.
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Middle Class Tax Anthem Hits Sour Note

BY GARY ANDRES

Reprinted from Weeklystandard.com

It sounded very easy in theory. With the biggest tax increase in history set to go into effect on January 1, 2011, Democrats were poised to win the middle class rock heroes award.

The song had all the subtlety of a Pete Townshend guitar riff. Pass a bill before the end of the year extending current tax law for everyone except those nasty “rich” folks (individuals earning more than $200,000 per year and families with incomes above $250,000) and bang!

Then, just hitch a ride on the shoulders of grateful fans in the mosh pit to electoral victory.

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