




By John R. Bolton
Nothing has slowed regime's race to build the bomb
Independent voices from the TWT Communities

President Obama proposed tax increases on wealthy individuals and some corporations Monday, setting the stage for an ideological battle that won't be resolved until after the November election — if then.

President Obama's budget request to Congress on Monday will forecast a deficit of $1.33 trillion in the current fiscal year and calls for $1.5 trillion in tax increases over the next decade, senior administration officials said Friday night.
The state official in charge of figuring out how to fix an enormous financial shortfall in Pennsylvania's capital city said in a proposed recovery plan released Monday that "significant and difficult" steps lie ahead, and that Harrisburg may end up seeking bankruptcy protection.

Ronald Reagan, who would have turned 101 on Feb. 6, no doubt would have been amused by the number and ideological diversity of people claiming some part of the Reagan mantle.

Despite losing Tuesday's Florida primary, Newt Gingrich showcased his voluntary, 15 percent flat tax - 2012's smartest idea yet, both strategically and substantively. Through the Nov. 6 election, this concept can inoculate Republicans from the Democrats' ceaseless lies about the wealthy "not paying their fare share" of taxes. If implemented, Mr. Gingrich's plan would reinvigorate America's feeble economy.

President Obama keeps demanding that the rich pay more because "it is only fair." In his State of Union address, he said millionaires should pay a minimum of 30 percent of their income in taxes. The 30 percent number seems to have come from divine inspiration rather than an exercise in logic.

Each presidential candidate's position on investment tax rates is a critical issue. The current rates, set by President George W. Bush, will expire at the end of this year, so whoever sits behind the desk in the Oval Office next January will have the power to stop the capital-gains tax rate from jumping to 20 percent and qualified dividends rising to 39.6 percent.

The secretary for one of the world's wealthiest men and the wife of late Apple co-founder Steve Jobs were among those invited by the White House to attend President Obama's State of the Union address Tuesday evening.

The secretary for one of the world's wealthiest men and the wife of late Apple co-founder Steve Jobs are among those invited by the White House to attend the State of the Union address.

President Obama is pledging an economic revival that will work for everyone and not just the rich, declaring that "the defining issue of our time" is the endangered promise of the American dream.
he House of Representatives has passed a bill confirming the use of religious symbols at military memorials. It was also voting on legislation to order that a prayer issued by President Franklin Roosevelt on D-Day be installed at the World War II Memorial in Washington.

Delivering a broad defense of tax increases on the wealthy to help pay America's bills and finance new investments, President Obama used his final pre-election State of the Union address Tuesday to urge Congress to act, warning that he was prepared to leave them behind if they fail.

Warren Buffett, whom President Obama likes to cite as a fair-minded billionaire while arguing for higher taxes on the wealthy, stands to benefit from the president's decision to reject the Keystone XL oil pipeline permit.
Former Massachusetts Gov. Mitt Romney estimates the federal tax rate he pays on most of his income is about 15 percent because it comes from his past investments.
First lady Michelle Obama is challenging assertions she's forcefully imposed her will on White House aides, saying she's tired of people portraying her as "some kind of angry black woman."
Giga-wealthy investor Warren Buffett claims that he pays a smaller share of his income in taxes than does his secretary, Debbie Bosanek.
The reason billionaire stock picker Warren Buffett pays just 15 percent on most if not all of his earnings - a lower rate than his secretary, he says - is because virtually all of his income comes from capital gains and dividends, which are taxed at a lower rate for a number of good reasons.

By Shaun Waterman - The Washington Times
The Department of Homeland Security began work in 2007 on a program to secure the ...

By Meredith Somers - The Washington Times
After deliberating for nearly 10 hours, a jury on Wednesday evening found University of Virginia ...

By Seth McLaughlin - The Washington Times
Scrambling for support ahead of Tuesday’s Michigan primary, Republican presidential contenders are again trying to ...