Tag Archives: taxes

Obama Puzzled That Republicans Didn’t Compromise to Avoid Getting Exactly What They Wanted

WASHINGTON — Sequestration began March 1 when Congress failed to pass any legislation that would allow the government to avoid the massive spending cuts. President Obama was reportedly “saddened and disappointed” that House Republicans did not meet his demands of a “balanced approach” of tax increases and spending cuts to evade the sequestration, especially since Republicans seemed to be “going Democrat” with their recent statements supporting gay marriage. Speaker of the House John Boehner said in a press conference, “What

Golden Corral Protests Buffet Rule

RALEIGH, NC — President Obama is making the “Buffet Rule” a large part of his reelection campaign, but this proposal has met an unexpected challenger in Golden Corral, famous for its delicious buffets. James H. Maynard, chairman of the corporation, released a statement protesting Obama’s plan of minimum payments from those who are able to consume the most. “Obama’s Buffet Rule is nothing but discrimination. We oppose the President in his work to place an unfair burden on our heaviest

Congress to Prosecute Preteen Babysitters for Tax Fraud

WASHINGTON, D.C. — Congress passed an unprecedented bill Thursday creating an investigative task force to oversee the nation’s second-largest underground industry: babysitting. Rep. Paul Ryan (R-WI), who sponsored the bill, explained that the bill “will not only provide an additional source of revenue for our nearly-broke government, but it will also send a message to Americans: you cannot get away with tax fraud!” The bill targets preteen and teenage babysitters, who every year collect billions of dollars of unreported income.