My new book Debacle with Grover Norquist is available for pre-orders. The book will be released on March 5th. You can click on the above picture to be linked to Amazon.
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1/26/2012
Newest Fox News piece: President Obama's strange definition of fairness
During his State of the Union address Tuesday night, President Obama pushed for higher tax rates on what he called “the wealthiest Americans.”
He declared: “Tax reform should follow the Buffett rule: If you make more than $1 million a year, you should not pay less than 30 percent in taxes.” As usual, the president motivated the higher taxes with references to “fair play” and getting the wealthy to pay their “fair share” of taxes.
“Fairness” was the codeword of the State of the Union address, not the chronic problem of lingering high unemployment, something the president never even mentioned.
Of course, Obama emphasized “fairness,” but his newest attacks on the wealthy not paying their “fair share” very conveniently comes right after Mitt Romney revealed that he has averaged paying a 14 percent tax rate over the last two years.
Unfortunately, some Republicans come across as confused about capital gains taxes. Romney pushes a weak defense . . . .
Amazed how lucky I am that I have had jobs where I could just think about whatever I wanted to think about. I have published over 90 articles in academic journals. I received my Ph.D. in economics from UCLA in 1984.
Intrade probability that Newt Gingrich will win the Republican Presidential Nomination Intrade probability that a Republican will win the 2012 Presidential election. Intrade probability that Republicans will control the House of Representatives after 2012 Congressional Elections Intrade probability that Republicans will control the Senate after 2012 Congressional Elections
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