Author: Jeffrey Max

Energy Costs Are Crippling the American Economy

“Somehow, we have to figure out how to boost the price of gasoline [in the U.S.] to the levels in Europe.” To me, this sounds like an idea that might be thought up in the smoke-filled rooms of an oil cartel. But instead, it is the grand idea of the Department of Energy Secretary, Steven Chu. As a top business priority, the Obama appointee desperately wants to see our gasoline prices roughly triple to the mid $11 rates that drivers in Norway pay per gallon of gasoline. The Democrat Party proclaims to stand for the “little guy.” But doesn’t rising...

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Obama Never Raised Taxes?

Tweet Day in and day out, I’m confronted with the same rhetoric from my liberal friends who continuously claim that President Obama has never raised taxes and is, in fact, actually some sort of tax-slashing machine.  I hear about how he extended the Bush Tax Cuts and how he fights to keep all of our taxes low.  I’ve decided to take a hard look at this issue because it definitely deserves more attention in this election year, as I’m sure we will be subjected to a myriad of propaganda in regards to the various candidates’ tax policies. The tax cutting pinnacle of Obama’s agenda is supposedly the lowering of the payroll tax by two full percentage points.  This tax cut has the potential to save the average American worker approximately $1,000 a year and, while it sounds great on the surface, my previous article shows that it is nothing more than an unpatriotic raid on the Social Security system. In all reality, the tax cut prevents payroll contributions from making their way into the system; these contributions are necessary for keeping the system solvent.  It’s no wonder the system is dangerously close to collapsing. I will concede that Obama has not raised the income tax rates, (and I suppose this is what my liberal friends are primarily talking about) but that is only because Congress prevents him from doing so.  He...

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