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Taxes - The Heritage FoundationTaxes - The Heritage Foundation The death tax: What does it kill? Who does it affect? It affects hundreds of thousands of small-business owners across the country—as well as their employees and community residents who benefit from the senior and day care centers, playgrounds, charities, and learning centers that are built or supported by small-business owners. Like water and sunlight in an ecosystem, small businesses provide sustenance essential to building and preserving communities. So high is the death tax that a large portion of heirs to small companies cannot afford to pay it after the business founder dies, and see themselves forced to sell to giant corporations—which have no personal ties to the communities of their new acquisitions, and thus no incentive to commit to local institutions. What does the death tax kill? The best of American life and civil society itself. The death tax is simply antithetical to the core of the American dream. View Article - Mon, 26 Jul 2010 10:53:00 -0400 Senator Jim DeMint cites Heritage research in his speech on preventing the renewal of the death tax. View Article - Wed, 21 Jul 2010 01:00:00 -0400 2010 is the only year since 1916 in which heirs to an estate will not have to pay the dreaded death tax. Victory for small businesses? Not yet—due to a legal quirk, the death tax is scheduled to come back to life in 2011. Studies, statistics, and real life have shown again and again that the businesses and families burdened with the death tax often see themselves forced to cut back on benefits, investments, and employees. The death tax keeps new jobs from being created, hurting not just the affected businesses, but the economy as a whole. Because it is a tax on capital, the death tax destroys as many as 1.5 million jobs that the economy needs as it struggles to recover. Heritage Foundation tax policy expert Curtis Dubay details a replacement for the death tax, and explains why Congress must kill the death tax—now. View Article - Tue, 20 Jul 2010 18:09:00 -0400 The Clean Energy Jobs and American Power Act would likely lead to the same conditions that caused the housing bubble of a few years ago. View Article - Tue, 20 Jul 2010 13:00:00 -0400 Curtis Dubay discusses the expiration of the death tax and the threat of its return. View Article - Mon, 19 Jul 2010 01:00:00 -0400 Brian Riedl discusses the federal budget and the Bush tax cuts. View Article - Wed, 14 Jul 2010 01:00:00 -0400 President Obama and congressional Democrats are blaming their trillion-dollar budget deficits on the Bush tax cuts of 2001 and 2003. Letting these tax cuts expire is their answer. Yet the data flatly contradict this "tax cuts caused the deficits" narrative. Consider the three most persistent myths: View Article - Tue, 13 Jul 2010 01:00:00 -0400 Brian Riedl discusses the expiration of the Bush tax cuts and other budget issues. View Article - Tue, 13 Jul 2010 01:00:00 -0400 Professional sports leagues have ways of ensuring that “the last shall be first.” Teams with bad regular-season records get the top draft choices, theoretically allowing them to bring in the best young talent. Teams with excellent records draft later. View Article - Thu, 08 Jul 2010 01:00:00 -0400 At approximately 8:30 a.m. on the first Friday of every month, the Department of Labor's Bureau of Labor Statistics releases a snapshot showing what the U.S. labor market looked like in the previous month. The report usually runs more than 30 pages, and is filled with (generally obscure) statistics, tables, and charts. But the highlight of each month's report is a single figure that circulates quickly through the press, and is taken immediately to be an important indicator of the general health of the economy: the unemployment rate. View Article - Mon, 05 Jul 2010 01:00:00 -0400 It would come via a piece of legislation called the "Public Safety Employer-Employee Cooperation Act." Attached, ridiculously enough, to a spending bill that provides war funding for the troops, it will soon hit the House floor for a vote. View Article - Fri, 02 Jul 2010 01:00:00 -0400 The Patient Protection and Affordable Care Act, known as Obamacare, will have grave effects on families, including higher taxes, less choice in health care plans, and potential loss of coverage. The result will be millions still without coverage and increased government dependency. View Article - Fri, 25 Jun 2010 15:49:00 -0400 America has repealed large health care bills before, and repeal of Obamacare is certainly possible now. View Article - Thu, 24 Jun 2010 12:41:00 -0400 The recent passage of Obamacare poses grave effects on small businesses and doctors. View Article - Wed, 23 Jun 2010 13:00:00 -0400 Senator Jim DeMint cites Heritage research on tax breaks and job creation in Senate debate. View Article - Wed, 23 Jun 2010 01:00:00 -0400 The annual federal budget deficit is projected to reach 8.3 percent of gross domestic product (GDP) by 2020—more than three times the historical average of 2.3 percent. This dramatic increase in the federal deficit will be exclusively the result of increasing spending, not declining revenues (or the 2001 and 2003 tax cuts). Rapid growth in Social Security, Medicare, and Medicaid costs and interest payments on the national debt will cause virtually all of this new spending. Any sustainable fix must therefore address the source of the problem—rapidly rising entitlement spending. View Article - Mon, 21 Jun 2010 11:38:00 -0400 JD Foster discusses a proposed millionaire tax. View Article - Mon, 21 Jun 2010 01:00:00 -0400 The deficit will reach a stunning $1.5 trillion this year, and it is obvious that spending is the problem. In fact, raising taxes to pay for the increase in spending would have harmful effects on the economy. View Article - Fri, 18 Jun 2010 01:00:00 -0400 President Obama uttered that unpresidential phrase last week. He needs to stop the threats, take a deep breath and calm down—especially when reacting to criticism by the press and the American public. That’s part of what you get when you’re elected President of the United States. Many Americans were shocked that this President would, yet again, pass the buck and blame others for problems in the gulf. View Article - Mon, 14 Jun 2010 01:00:00 -0400 Curtis Dubay discusses the venture capital tax and other proposed taxes. View Article - Tue, 08 Jun 2010 01:00:00 -0400
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Looking for more great sites?
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May I suggest the following....
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 American Degeneracy 2.0 AKA Global Warming
So you think the idea of intellectual minds pushing an absurd theory to a fevered pitch in the face of actual scientific data like we are seeing in Copenhagen is a new thing? Read More >> |
 Republicans Dominate In New Running Shorts Favorability Poll!
Participants we asked if they wanted to see the following list of leaders up for election in 2010 or 2012, posing in skimpy tight running shorts and printed on the cover of Newsweek Magazine. Read More >> |
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 Conservative Talk Radio Demolitions, Grass Roots Style
Then the station pulled the rug our from under Matt, and the same day he found himself almost in tears letting his listeners know he was also being let go from WHLO. Read More >>
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 Net Neutrality
On Thursday H.R. 3458 was introduced in the House of Representatives, and referred to Energy and Commerce Committee. This is not the first time, Congressman Markey (of Crap and Trade fame).. Read More >> |
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 Breakfast with the Stow Republican Club
I attend a Republican Party dinner the week before the Presidential election last November...Until today, I have refused to attend any meeting where the term “Republican” was attached to it. Read More >> |
 School Levy Madness!
Times are tight, and yet in Summit County Ohio, fiscal responsibility seems to have gone right out the window. Read More >> |
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 The Obama Analogy Machine
A number of people, political pendants, and belt way spinsters have attempted to analogize his Presidency to that of former ones. Read More >> |
 The Separation of Education and State
While religion has been removed from the classroom ideology has taken over. Do you know what your children are learning in school? Read More >> |
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 It's Time to Return Our State and Our Nation to that "More Prefect Union". **UPDATED**
Testimony from this week’s State Senate Committee hearing on State Sovereignty. Read More >>
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 Progressive Liberals ... We're Not In High School Anymore
I grew out of the high school mentality years ago, and the American public at large has as well. Read More >> |
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 Soda Tax?
Among some of the most ludicrous tax proposals of late is the idea of taxing soda, more specifically the non-diet type. Read More >> |
 Van Jones Resigns
President Barack Obama's adviser Van Jones has resigned amid controversy over past inflammatory statements... Read More >>
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 Color of Change to Erase 9/11
Still looking for more change? Look no further than the left-wing thug group Color of Change... Read More >>
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 Obama to Address the Children....Why?
For the first time in our nation’s history, a sitting President will step around the voting public to address students... Read More >>
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 The March to State Sovereingty
On July 20th Alaska passed a resolution reasserting its State Sovereignty in accordance with the 10th Amendment of the United States Constitution, becoming the second state this year to do so. States are feeling the heavy hand of an over reaching Federal Government like never before.
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| A Possible Letter to My Son in 2037 - When I turn 65, a letter I may someday have to write if Obama succeeds, and the american public still sits on the sidelines. Read The Letter >> |
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| A Call for True Racial Equality - In an age where a black man can be elected president, racism still runs ramped in this country. Read More >> |
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 On Independence Day Weekend the TEA Parties Return!
On 4th of July weekend hundreds of thousands of people attending rallies in 1442 cities through-out the United States!
Read More >>
Report From The Cleveland TEA Party >>
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| *BREAKING NEWS* Ohio Adopts Resolution Opposing Cap and Trade! Read More >> | |
 The 2012 PUTPUT
Congressional Edition
A sneak peak into the future of Chevy.com and your car ownership. Laugh if you must, but ask yourself how far off the mark I might actually be. Read More >> |
 It's Czar-Mania 2009
Has anyone else noticed that about every other week, President Obama announces a new “Czar”? It makes for great press, but what IS a Czar? Read More >>
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Iran Vs. Poland
And more importantly Obama vs. Reagan. Where has the Real America gone? It's still here, only the leaders have changed for the worse.
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Taking Chance
If you see no other movie this summer, this one is a must. Watch with me and remember one of the greatest parts of our country, and ask yourself. What can I do to serve my country. Read More >>
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Happy Flag Day!
Can you believe the nerve of President Obama with his statement? More importantly do you know the unique meaning behind hour flag? Read More >>
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A Closer Look at
Constitutional Amendments
Take a walk with me and see if you come to the same conclusions that I did. If so, boy is Congress in for a rude awakening! Read More >>
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A Eulogy for the Chrysler Dealers
June 9th 2008
marked the end for nearly 800 Chrysler dealers throughout the nation Read More >>
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The Separation of Green and State
The truth is that Environmentalism is in fact a religion, and should be separated from the government just like Christianity! Read More >>
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hold these truths to be self-evident, that all men are created equal, that they are |
| endowed by their Creator with certain unalienable Rights, that among these are Life, Liberty and the pursuit of Happiness. | |
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 — That to secure these rights, Governments are instituted among Men, deriving their just powers from the consent of the governed, — That whenever any Form of Government becomes destructive of these ends, it is the Right of the People to alter or to abolish it, and to institute new Government, laying its foundation on such principles and organizing its powers in such form, as to them shall seem most likely to effect their Safety and Happiness. Prudence, indeed, will dictate that Governments long established should not be changed for light and transient causes; and accordingly all experience hath shewn that mankind are more disposed to suffer, while evils are sufferable than to right themselves by abolishing the forms to which they are accustomed. But when a long train of abuses and usurpations, pursuing invariably the same Object evinces a design to reduce them under absolute Despotism, it is their right, it is their duty, to throw off such Government, and to provide new Guards for their future security."
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Were you required to learn these words in school? Sure everyone can recite the first part of this paragraph, but what about the rest? More importantly do you recall the opening which puts it all in context, or the passionate words that follow?
Take a few minutes before you go too far into this site, and read the complete Declaration of Independence. It won't take that long, and it will remind you of how far our country has strayed from it's founding.
Why do I encourage this? Because it all began here. And most Americans today still live there, even if they are no longer asked to simply read our founding documents. I stopped and thought the other day that I have read 8 books in the last few months (most over 500 pages) , and yet our entire constitution is only a few short pages (a far cry from the 64,000+ pages of the tax code). So take the time to read it, then speak your mind with me! Thanks again for visiting.
Read The Complete Declaration of Independence >
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| 1 - There is no liberal bias in the media |
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| 2 - Separation of Church and State |
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| 3 - Banning partial birth abortions is an assault on a woman's right to choose |
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| 4 - The Outsourcing of American Jobs |
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| 5 - The Creation of Green Jobs |
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| 6 - Same Sex Marriage |
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| 7 - Rasing Taxes Equals more government funds |
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| 8 - The Supreme Court should keep International Courts in mind |
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| 9 - America must be humble to the international community |
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| 10 - Government Knows Best |
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My Top Blog Picks:
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We are an independent group of thinkers, who are neither Democrats nor Republicans, but believe in right and wrong. It’s time to clear all the crazy stuff from our lives, and get down to just the Meat and Potatoes of today’s issues. Join us, and invite your friends to sit down at your table and discuss with us. Site Map
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