In an earlier era, Dr. Benjamin Carson's speech before the National Prayer Breakfast last week would have been a really big deal rather than mere fodder for a brief squall on Twitter and cable news.
The U.S. federal government's current income tax rates are more than capable of collecting higher amounts of taxes in a healthier economy. That many in the federal government are so actively pursuing higher effective marginal income tax rates today is really an indication that they don't believe the economy is going to be getting healthier any time soon.
Barack Obama doesn't think the rich are paying their fair share of income taxes. So what is their fair share?
Did you know that personal income taxes equal about 10% of personal income? Think about that. In principle, we could collect all the income tax revenue the government is collecting today for a tax rate no higher than the biblical tithe.
Even though tax reform should appeal to well-meaning liberals, Obama seems committed to the class-warfare approach.
As grateful as I am for Barack Obama’s profound, nonsensical meditations on the meaning of hope, I am even more grateful that the One has come to make the world fair, and to tell us what fairness really means.
If a store in town has to collect the sales tax, so should online companies.
No matter who the nominee becomes, if we can elect a Republican replacement for Barack Obama, America will have a rare opportunity to clean up one of its biggest messes.
With Rick Perry suddenly pushing a flat tax and Herman Cain substantively revising his popular 9-9-9 revenue plan, GOP candidates may finally refocus their feverish, fatuous immigration obsession, dropping an issue emphasis that’s destructive, distracting, demented and downright dumb.
Reducing the power of bankers and the political class — along with gold’s empirical record of turbo-charging job-creation and economic growth — is core for gold’s proponents. Thus, that inevitably will become public knowledge and make gold a potentially huge electoral asset.
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