Free Republic

The cost of flying might be going up, but this time it's not the airlines raising prices. The Obama administration has proposed raising the taxes on air travel by about $14 per flight, a move airlines strongly oppose. Higher taxes are needed to help reduce the deficit, pay for improvements at the nation's airports and add thousands of new immigration and customs officers to reduce wait times to process foreign visitors, the administration says.

There is some confusion out there as to what the new health care bill’s impact will be on real estate. A number of articles we have seen have somewhat correct. but misleading information. Hopefully, we can set the record straight. Starting Jan. 1, 2013 a new tax will be initiated called the Medicare Tax to help pay for the health care bill. This tax will affect passive income such as rental income and the sale of your home may also be taxed if the profit on the sale exceeds a threshold. The new tax in not indexed for inflation, so...

April 14, 2005 Not. One. Dime. Contrary to its own headline, Senate Majority Leader Bill Frist plans on dawdling for weeks longer before finally addressing the issue of Democratic obstructionism on nominations for the federal bench, the Washington Post reports in its Friday edition: Senate Majority Leader Bill Frist is all but certain to press for a rule change that would ban filibusters of judicial nominations in the next few weeks, despite misgivings by some of his fellow Republicans and a possible Democratic backlash that could paralyze the chamber, close associates said yesterday. The strategy carries significant risks for the...

Amid speculation that she might forgo a run for re-election to the Senate in 2006 in favor of a presidential run in 2008, New York Democratic Sen. Hillary Rodham Clinton has sent an early fundraising appeal that, while directed toward reelection, reads like a trial run for a White House bid. "As the Republicans' number one target in 2006, I have to begin now building resources for the tough fight I face in my re-election campaign," Clinton writes in a letter to supporters. She says her task is made more difficult by "the Republican attack machine out to distract me...