In response to:

At the Fiscal Cliff I Cry "Jump, Jump, Jump!"

E. James Wrote: Nov 13, 2012 8:34 AM
ShesKindaHot, Please read SpaceVegetable. It's just so simple. Tax more, remove spending power, see recession. Gov't pi$$es away tax money faster than they get it. Businesses and individuals SPEND discretionary funds, which in turn, creates jobs. It has nothing to do with "favors for the rich" What don't you understand about the movement of money???
johnm h Wrote: Nov 13, 2012 8:53 AM
Removing government spending will help the economy unless one believes we get a higher return on that spending than the real cost of the resources that spending uses or commands. Actually most government spending, regulations, and tax loopholes favor the super wealthy who support Obama. It's crony capitalism all the way down and the Republican establishment is in there grabbing with both hands.

The most expensive tax in the history of the world has been proposed by the Obama administration and to hear them tell the story, you’d think the rest of us should be grateful.

“We want to create a global minimum tax,” said vice president Joe Biden, “because American taxpayers shouldn’t be providing a larger subsidy for investing abroad than investing at home.”

A global minimum tax is a tax on all profits made by nominally US companies that operate overseas. They operate overseas for various reasons, but one big reason is because corporate taxes are higher in...