Real reason for Obama’s sequester: GOP refused more Democrat tax hikes

Democrats and Republicans should look at potential “revenue” sources from properties U.S. taxpayers lease to corporations, including in Sen. Harry Reid’s home state of Nevada where gold mining companies do not pay any royalties for deposits claimed on federal public lands. That arrangement, by the way, dates to 1872.Republicans submitted a plan to avert the sequester President Obama and the White House first conceived, as did Democrats. The U.S. Senate, led by Harry Reid (D-Nev.), shot both plans down. As the deadline for a solution drew near, Reid made muddled remarks on the Senate floor, muttering something about his fingers.

The real reason the sequester will happen is simple—tax hikes. The White House admits that.

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New poll shows Americans dumbed down on politics, government

Illustration by J.K.A new Pew/USA Today poll is out, and responses to questions about debt, the sequester and immigration point to one overall conclusion.

Americans have been dumbed down when it comes to politics and government.

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Democrats, Obama and Reid refuse to cooperate with Boehner as debt increases

Democrats' obstruction suggests the party is not concerned about U.S. debt. (Screen snip: National Debt Clock)Speaker John Boehner (R-Ohio) has the toughest job in the nation right now. Senate Majority Leader Harry Reid appears uninterested in compromise on a money plan for the nation. Reid told media Boehner’s latest proposal wouldn’t pass the Senate although Boehner has basically put forth a plan formerly backed by Rep. Nancy Pelosi (D-Calif.)

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Peter Schiff cuts through the propaganda on taxes

Peter Schiff is an expert on money, economic theory, and international investing; he also hosts the Peter Schiff Show. (Screen snip/Peter Schiff website)Peter Schiff is a man who warrants attention. After all, as early as 2006, Schiff told us an economic crisis was coming. He took heat for his predictions, but Schiff was redeemed when toxic mortgage instruments helped crash the economy shortly before the 2008 election.

Now Schiff is cutting through propaganda about tax hikes, especially the myth about the "rich" paying more than 90 percent in taxes in times past.

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Twitter brushfire as Reid blocks proposal for Senate to vote on Obama’s fiscal cliff plan

Sen. Harry Reid (D-Nev.) refused to let the Senate vote on Obama's fiscal cliff "plan."A brushfire started on Twitter on Wednesday after Senate minority leader Mitch McConnell (R-Ky.) proposed a vote on the same plan President Barack Obama’s Treasury Secretary Tim Geithner presented to Republicans in the House. That plan has to do with the “fiscal cliff.”

Most Americans probably have no idea what the “fiscal cliff” is because media coverage has focused on the dustup rather than differences in Republican and Democrat plans.

The major impact on most Americans would come if the “Bush tax cuts” expire because everyone’s taxes will go up.

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GOP fails to inform public about Obama’s deception on taxes

President Barack Obama has obsessed about hiking taxes on upper middle class U.S. households with $250,000 in income. Obama places this range alongside the truly wealthy who make millions or billions.

Ironically, in the last year Democrats had control of the White House, Senate and House of Representatives, tax rates went up for everyone. Everyone, that is, except one percent of filers.

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After passing 20 new taxes, will Democrats hike income tax rates in back room deal?

In a new report, Dr. Tom Coburn, U.S. senator from Oklahoma, found almost $70 billion in potential savings. (Photo: Coburn Senate website)There was virtually no transparency in the passing of the ObamaCare Tax Bill, with Democrats opting to put a new federal program in place that will create unprecedented debt. The bill is so obscure and so deceptively written that President Barack Obama’s administration ended up giving labor unions a waiver for a tax that would have affected those unions’ health insurance plans.

Will Republicans cave to Democrats who are now lining up a deal for income tax hikes?

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