Ever-growing entitlements have put spending on a trajectory toward a European-level implosion. If they are not reined in, taxes on everyone will have to rise perpetually just to keep pace.
Post Tagged with: "Buffett tax"
April 17, 2012 08:45
Obama’s Buffett Rule: The art of political pandering
Every justification the White House has put forward to support the Buffett Rule has been shot down. The proposal does not reduce the deficit, nor does it simplify the tax code, nor does it spur economic growth. In fact, it doesn’t even prevent the rich from paying lower tax rates than the middle class. – Washington Examiner
April 12, 2012 08:20
The real ‘Reagan Rule’
The real Reagan rule recognized that because people spend time at work that they could otherwise spend doing something else, taxes are a claim on a portion of a person’s life. On this basis, the goal of lawmakers should be to keep government as small as possible so that individuals can keep as much of their money as possible. – Washington Examiner
