Remember, as you read through these stories, the cardinal rule of government: everything you have is theirs. If you have such a thing as “take-home pay” it’s only because of their generosity in allowing you to take it home. Sort of the way a highwayman might let you keep enough bread to feed your family while stealing everything else.
Tag Archive: Taxation
As Thrill noted, the so-called fiscal cliff was semi-averted last night. I didn’t pay too close attention to the debate since the basics of the deal had been hashed out days before. All we had last night was political theater. It’s true that 2/3 of the Republican House voted against it. But they allowed it to come to a vote and most voted after they were sure it would pass as an ass-covering maneuver. I’m … Read more
NPR recently had group of economists discuss policies that they think are great for the country but that politicians consider radioactive. The group of economists was actually quite diverse, ranging from George Mason libertarian (and frequently linked Cafe Hayek blogger) Russ Roberts to Cornell liberal Robert Frank. What six policies could that group possibly agree on? And why wouldn’t politicians embrace policies that enjoy such a broad consensus?
One: Eliminate the mortgage tax deduction, which
It seems that every week brings some stupid/repulsive piece of legislation out of the Democratic “leadership”. A few weeks ago, it was the repellent People’s Rights Amendment. Then last week, it was the Trayvon Amendment. And now, it’s the Ex-Patriot Act:
Facebook co-founder Eduardo Saverin has gone ahead and given up his U.S. citizenship before the social network’s IPO, thereby saving an estimated $67 million in taxes, and personally pissing off our nation’s leaders.
Feeding the beast, the ever ravenous appetite of government
spending waste has been the largest impediment to fiscal solvency. The mantra of this administration, couched in deceptive terms like ,”Paying their fair share”, has always been income equality. But raising taxes only leads to more spending, which leads to even more calls for raising taxes, all the while the junkie gets more smack, and the drug problem goes unanswered.
Some liberal do gooder (at least … Read more
Kevin Drum has a post up addressing various “Right Wing Myths” about the economy. Some of these myths are self-refuting: he claims the stimulus worked because economic models indicate that it should have worked, he repeats the claim that 1937 proved Keynesian theory (ignoring that 1946 refuted it), he pretends that the Reagan tax cuts didn’t stimulate the economy, he ignores an anti-correlation between unemployment and profits, he claims that since a narrow plurality cite … Read more
All right, his has got to stop, liberals. You just sound so stupid every time you say it.
Here is the latest “amusement” from the Left about those dumb “teabaggers”, via Unreal Americans. It juxtaposes anti-tax signs with things supposedly funded by taxes that the protesters are enjoying.
Heh heh. Those dumb tea baggers! They’re protesting against streets and electricity!
This is the poor man’s version of Elizabeth Warren’s dumb rant. And I’ll just repeat … Read more