Remember when President Obama and his team promised that if only we passed an emergency “stimulus” bill allowing them to wantonly spend $787 billion, unemployment would be capped at 8%? Two years later, having soared as high as 9.8%, July’s unemployment rate stands at...
The Democratic Party operates on the following assumptions: 1. Social programs such as Medicare and Social Security are entitlements, at least to certain members of the population. They can and must be maintained and expanded at all costs. 2. The best way to finance...
The basis of tax reform must be reduced government spending, not higher taxes.
Barack Obama and Sarah Palin on Taxing Oil Companies and Giving the Money to Others
An analysis and critique of a major aspect of the views on taxation attributed to Obama.
The citizens of Washington, D.C., do not pay taxes; they receive them.
Intellectuals overcome with envy cannot tolerate the thought that in capitalist society other whom they regard as their intellectual and cultural inferiors, mere businessmen and capitalists, earn so much more and live so much better than they do.
Nick Woomer of the Minnesota Daily (the University of Minnesota student newspaper) writes: Freedom for the vast majority of us means that we should all be entitled to live at a certain level of comfort in spite of how the economy is doing: We should be guaranteed...
"We've never cut taxes in time of war," Sen. Max Baucus, D-Mont., said last week as he voted to halve President Bush's tax-cut proposal. Even if that were true - the Kennedy tax cut, for example, dropped the top marginal rate to 70% from 91% and took effect during the...
Just as they’ve blurred the distinction between legal tax avoidance and illegal tax evasion, OECD officials have tried to blur the distinction between money-laundering and tax havens — even though the latter involves moving illegally-gained money above-ground, from the “underground economy” while tax avoidance involves legally moving legally-made money to jurisdictions with the lowest tax rates.
What defines a patriot these days? Is it one's dedication to the principles of freedom, or is is it one's willingness to place their life second to the needs of the state. These days, it looks a lot like the latter is the common view. Take for example, the corporate...
A Fox News liberal-conservative debate the other night was very revealing. The discussion was about tax cuts. The liberal (Mort Kondracke) said that tax cuts "are all about numbers." The conservative (Fred Barnes) was quick to retort, "It's not all about numbers. It's...
It time that we replaced guilt with the desire for justice.
The U.S. Congress has been considering a steep increase in Medicare taxes for higher-income people. A tax that has been flat since its inception in the 1960s is suddenly about to become a graduated tax. If the measure becomes law, the tax for higher-income earners...
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