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Wednesday, February 23, 2011

Taxes

News                                                                                                                             
Politico | Barack Obama unlikely to cash in on bank tax
The big bankers had thought this was dead: an administration proposal to levy a new tax on the nation’s largest financial institutions, ostensibly to help offset the cost of the Troubled Asset Relief Program.
CNN Money | GM's sweetheart tax deal
The U.S. Treasury is giving up $14 billion in tax revenue because of a sweetheart deal it's giving U.S. automaker General Motors that's about to start paying off.

Econ Comments                                                                                                             
Washington Times | RAHN: Spending for tyranny
Founders would decry the use of taxes to lobby for more taxes.
NRO | ‘Free’ Public Radio Is Anything But
For all NPR’s vaunted private donations, it is raising the battle cry to avoid losing a dime of taxpayer money.