Ask Obama Who’s Not “Doing Their Fair Share”

In a rational world a President would honor these people as economic heroes who do far more than their “fair share.” This week the Obama campaign transitions from gay marriage to placing blame for the looming government debt crisis on the only people who are doing anything to alleviate it.  He continues to insist that [...]

Obama’s Class Envy Vs Economic Reality (1)

President Obama’s reelection campaign is largely an effort to influence people who don’t pay much attention to politics.  If you visit sites like this one you are probably more interested and better informed than the Obama campaign’s target audience. The President’s call for tax increases on high income earners is a good example.  It’s an [...]

Can The Rich Afford Obama’s Fair Share?

Since President Obama wants you to believe that the wealthy paying a “fair share” is the key to balancing the budget and funding all his big government dreams, here’s a what-if exercise that puts his demagoguery in perspective. What if the government could simply seize all the wealth of the nine richest people in America?  [...]

Did Jesus Say a 35% Top Tax Bracket is Too Low?

President Obama used the National Prayer Breakfast to attempt to persuade Christians and Jews that our beliefs obligate us to support his politics and the godless religion of progressivism with its irrational faith in the power of large, bureaucratic, administrative government to make the people better. After briefly acknowledging the benefits of “turning to our [...]

Harry Reid is Either Ignorant or Lying

Speaking from the floor of the United States Senate yesterday, Majority Leader Harry Reid resorted to an outright lie to sell his plan to increase tax rates on high income business owners and investors: Senate Republicans…oppose our plan [for] a tiny sur-tax on on a tiny fraction of America’s highet earners…Republicans call our plan a [...]

Flim Flam and Fantasy From The Super Committee

Communication from the Congressional “Super Committee” reminds us of an overused gag from “I Love Lucy” and other early TV sitcoms.   Rickey comes home from work to learn that his ditzy wife Lucy has spent money they can’t afford on something they don’t need and he doesn’t want.  Lucy assures him the unneeded trinket [...]

To The Super Committee: It’s The Spending! (2)

One would never know it from all the anguish expressed by the political-media establishment, but the Congressional Super Committee’s assignment is absurdly easy. This week the august Senators and Congressmen head into their final, dramatic days of deliberations.  Their assignment is to propose $1.2 trillion of “deficit reduction” over ten years, beginning 2013. In Washington [...]

Herman Cain’s 999 Tax Plan (Part 2: Bussiness and Investors)

Last week we published an analysis of Herman Cain’s 999 tax plan as it relates to taxation of individuals and promised a second article examining the proposal’s tax treatment of business and investors.  In the meantime Mr. Cain, and others purporting to have been informed by or to speak for the campaign have written editorials [...]

Herman Cain’s 999 Tax Plan (Part 1: Taxing individuals)

Please scroll down for an UPDATE Candidate Herman Cain has proposed a plan for revolutionary tax reform.  In this article we analyze the effects of this plan on individual taxes. When comparing various tax plans one must remember that every possible form of tax is disagreeable in some way.  So rather than holding out for [...]

Obama Designs a Tax Plan to Prevent New Jobs

President Obama introduced his plan to “pay for” his so-called “American Jobs Act” with a classic political straddle: Nobody wants to punish success in America…this is the land of opportunity. That’s great. All I’m saying is that those who have done well, including me, should pay our fair share in taxes to contribute to the [...]

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