Tax Politics
The Politics of Taxes
Britain’s New “Get-Rich-Quick” Scheme
Because the first one didn't work. Several weeks ago, I reported that Britain's plan to raise additional government revenue by levying higher income taxes was a failure. British officials were shocked that hiking the rates of the wealthiest citizens to 50% resulted in...
U.S. Income Decline
Measuring Income Inequality: It Doesn’t Add Up
How Have I Divided Thee? Let Me Count the Ways…
In a recent interview with Entertainment Tonight, President Obama made the following remark: (h/t to RCP). "We're going around the country, talking about, ‘How do we put people back to work? How do we improve our schools? How do we make sure that we're producing...
Obama: Success = $25 Billion Loss
Last week, I noted that Obama announced he wants to bailout all the industries. To quoth: “I said, I believe in American workers, I believe in this American industry, and now the American auto industry has come roaring back,” he said. “Now I want to do the same thing...
Obama on Ryan’s Plan in 2010: “Medicare and Medicaid Massive Problems”
Here's what Obama said about Ryan's proposal in 2010. h/t to Washington Free Beacon. "I've read it. I can tell you what's in it. There are some ideas I agree with, and there are some that we should have a healthy debate about because I don't agree with. The major...