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Workers making $30k will take bigger hit than those earning $500k under new fiscal deal

RightMarch January 4, 2013

Hayley Peterson at the Daily Mail reports: Middle-class workers will take a bigger hit to their income proportionately than those earning between $200,000 and $500,000 under the new fiscal cliff deal, according to the nonpartisan Tax Policy Center.  Earners in the latter group will pay an average 1.3 percent more – or an additional $2,711… Continue Reading »

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Despite “fiscal cliff” deal, taxes to rise for most Americans

RightMarch January 2, 2013

Stephen Ohlemacher at the Associated Press reports: While the tax package that Congress passed New Year’s Day will protect 99 percent of Americans from an income tax increase, most of them will still end up paying more federal taxes in 2013. That’s because the legislation did nothing to prevent a temporary reduction in the Social… Continue Reading »

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‘Fiscal Cliff’ Deal Also Doles Out Millions for Hollywood, Railroads, Rum Producers

RightMarch January 2, 2013

Devin Dwyer at ABC News reports: The “fiscal cliff” compromise has been heralded as a saving grace for middle class taxpayers, their families and the unemployed. But buried in the fine print of the 150-page deal are also some lesser-known New Year’s gifts to some of Washington’s favorite industries. Under the plan, the federal government… Continue Reading »

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Maryland school suspends 6-year-old for pretend gunshot

RightMarch January 2, 2013

Matt Connolly at the Washington Examiner reports: A Montgomery County elementary school student was suspended for a pretend gunshot a week after Adam Lanza killed 20 children and six adults at Sandy Hook Elementary School in Newtown, Conn. The 6-year-old, who attends Roscoe R. Nix Elementary School in Silver Spring, made a gun with his… Continue Reading »

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Fiscal Cliff Deal: $1 in Spending Cuts for Every $41 in Tax Increases

RightMarch January 1, 2013

Matthew Boyle at Breitbart reports: According to the Congressional Budget Office, the last-minute fiscal cliff deal reached by congressional leaders and President Barack Obama cuts only $15 billion in spending while increasing tax revenues by $620 billion—a 41:1 ratio of tax increases to spending cuts. When Presidents Ronald Reagan and George H.W. Bush increased taxes… Continue Reading »

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