The Washington, D.C.-based Tax Foundation does a yeoman's job of keeping track of how much we're paying in taxes and who's paying what. It turns out that American taxpayers worked this year from Jan. 1 to April 17, 107 days, to earn enough money to pay their federal, state and local tax bills. That statistic requires some clarification, and I ask my readers to help me examine it.
On April 15, 1912, the Titanic sank. The following year a constitutional amendment made possible the graduated income tax, and Congress set a top rate of 7 percent on incomes above $11 million (in 2012 dollars).
Filmmaker Alexandra Pelosi, Nancy Pelosi's daughter, has unleashed a firestorm of social controversy by interviewing some welfare recipients who told her on camera that they believe they're entitled to "Obama money." That is, welfare checks.
The video that the late Andrew Breitbart released of Barack Obama during his Harvard days revealed one more link in the president's early chain of associations with radicals. But I watched a video a couple of weeks ago that I believe is far more incriminating for our president because it shows the present fallout from his radical agenda, including the redistribution of wealth.
Welfare isn't working. Bill O'Reilly, Mary Katharine Ham and Juan Williams discuss the issue.
Social Security, Medicare, Medicaid and other social insurance programs are bankrupting America. They will produce ever-escalating deficits for as far as the eye can see.
In the United States, the national debt now equals 100 percent of gross domestic product (GDP), and is still growing. With the retirement of the baby boomer generation, 78 million additional people will turn to the federal government for Social Security, Medicare and Medicaid benefits — roughly $40,000 per beneficiary per year, on the average.
Many Republicans talk of an entitlement mentality that threatens the character and finances of the United States. In their view, the problem is that too many voters feel entitled to goodies provided by the government and financed by taxpayers.
Kicking the can down the road. That's been the Obama administration's response on issues from Iran's nuclear weapons program to America's entitlement systems.
“We are five days away,” the future President famously said in October of 2008, “from fundamentally transforming the United States of America…”
Here we are, in the last week of February, discussing the extension of unemployment benefits. Again. Wasn’t Groundhog Day supposed to be on February 2?
"I'm not concerned about the very poor. We have a safety net there. If it needs a repair, I'll fix it." Thus did Mitt Romney supposedly commit the gaffe of the month -- for we are not to speak of the poor without unctuous empathy.
What if you are only allowed to vote because it doesn't make a difference? What if no matter how you vote, the elites get to have it their way?
Vampires are bloodsucking monsters that live forever but can be killed by sunlight. The impulse to compare them to out-of-control government is certainly understandable.
Let's think about the kind of mess that we're in. Federal 2010 Medicare and Medicaid expenditures totaled $800 billion. The projected annual growth of both programs is about 7 percent. Social Security expenditures are more than $700 billion a year.
When I was a copy editor at the Los Angeles Times, a young reporter submitted an article about a single mother having trouble obtaining government checks. The story was designed to elicit outrage at callous bureaucrats who should be showering this poor woman with subsidies. I asked the reporter if she knew anything about the father. Was he providing any assistance? Was he a deadbeat dad?
President Obama is calling for dramatic defense cuts that could threaten our national survival while obstructing structural reforms to our entitlement programs that are essential for our national financial survival. It just doesn't get much worse than this.
The Democrats are accusing Republicans in Congress of opposing the extension of payroll tax cuts. On the face of it, something seems wrong.
What should be done about income inequality? That basic question underlies the arguments hashed out in the supercommittee and promises to be a central issue in the presidential campaign.
"Alice in Wonderland" was written by a professor who also wrote a book on symbolic logic. So it is not surprising that Alice encountered not only strange behavior in Wonderland, but also strange and illogical reasoning -- of a sort too often found in the real world, and which a logician would be very much aware of.
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