President Obama vowed to protect the middle class from new taxes. One way to do this – slippery, these politicians – is to instead tax stuff the middle class is going to buy. As everyone knows, companies react in two ways to this: they fire people, or they pass the taxes on to buyers in the form of higher prices. That is, unless we’re talking
President Obama supports the full boat of gun control legislation, backing an upcoming push by Sen. Dianne Feinstein (D-Calif.) to revive the assault weapons ban as well as restrictions on high capacity ammunition clips and efforts to close the “loophole” allowing weapons to be sold at gun shows without background checks, White House Press Secretary Jay Carney said today. The White House Monday had been coy
The briefing has concluded.
House Speaker John Boehner this morning told his Republican caucus that he will take up “Plan B,” under which the House will simply pass its own legislation to increase tax rates for those earning more than $1 million and leave it at Harry Reid’s doorstep in the Senate. The bill could move by the end of the week. But it’s mainly a tough negotiating ploy,
Having decided to immediately politicize the response to the Newtown massacres by invoking the need for gun control, President Obama is revving up his political operation to prepare for the effort to pass some kind of limits on gun rights. In an email to Obama’s vast campaign email list Monday night, Obama political guru David Axelrod took the first step toward invoking mass action by
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