Eliminate the corporate income tax
The President made a big deal about and frequently referred to “Invest[ing]” during his State of the Union speech (or so I heard, since I didn’t watch it). Lots of “investing” in more government programs and top-down, centralized economic planning. Lots of “investing” in social safety nets. Lots of “investing” in more pet projects for politicians. Actually, the President was talking about “spending”, but his | Read More »
Talk about the law of unintended consequences. Chuck Schumer, Harry Reid and Barney Frank are outraged over the $165 million in bonuses paid to the executives at AIG. They and other in Congress are pushing for new legislation that will single-out the AIG execs to get the money back. According to some, that’s a bad idea:
Changing Our Conservative Vocabulary
Something has been bothering me for some time about the vocabulary conservatives and libertarians have been using to describe liberal economy policy. We hear it on radio from Boortz and Hannity and television from O’Reilly; we read it on blogs by Thomas Sowell and in newspaper columns by George F Will.
The term I refer to is “wealth redistribution,” called for throughout history by Marx, Lenin, Castro and Chavez. Liberals in America don’t use the term, knowing that it will bother conservatives and many moderates. Unfortunately, it is unconvincing to many, especially liberals, that such a beast as wealth distribution would be a bad thing.
After all, “wealth redistribution” is just taking money from the evil, awful “rich” and giving it to those poor, needy “less fortunate.”
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