Warren Buffett once said that it wasn’t right for his secretary to have a higher tax rate than he faced, leading me to point out that he didn’t understand tax policy. The 15 percent tax rates on dividends and capital gains to which he presumably was referring represents double taxation, and when added to the tax that already […]
read more...That’s the title of an insightful column at Thehill.com, which points out that Tea Party activism has succeeded in shifting the debate from making government bigger to making government smaller. The columnist also is correct in explaining how the Tea Party, by dethroning some entrenched incumbents, is forcing the GOP to at least pretend to […]
read more...Steve Chapman points out that the Tea Party movement (like any other large group of people) has a few odd characters, but he is delighted that there is a growing mass of citizens who think it’s important to restrain government and not impose burdens of future generations. Here’s my first impression of the tea party […]
read more...I thought it was shocking when Senator Bennett of Utah was denied renomination, but I’m even more stunned that Senator Murkowski of Alaska is trailing her opponent in preliminary results from Tuesday’s primary. As the Wall Street Journal explained in an editorial this morning, this is a big sign that voters are not merely interested […]
read more...Former House Majority Leader Dick Armey and Matt Kibbe of FreedomWorks have a column in today’s Wall Street Journal that explains the spontaneous, grassroots phenomenon of tea parties. They have plenty of interesting political and social analysis, but the most important part of their column is when they point out that the tea party movement […]
read more...Mark Steyn has a typically witty column that covers everything from the infamous Audi Superbowl commercial to the kid who was stopped by TSA for having Arabic-language flash cards. But he closes his piece with this powerful statement: …the difference between America and Europe is that, when the global economy nosedived, everywhere from Iceland to […]
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