Are We Witnessing the Death of America’s Middle Class?
Download Podcast | iTunes | Podcast Feed On today’s edition of Coffee and Markets, Brad Jackson and Ben Domenech are joined by Francis Cianfrocca to discuss the plan for a plan to save the Euro Zone, the possibility that high unemployment is here to stay, and the impending death of America’s middle class. We’re brought to you as always by BigGovernment and Stephen Clouse and | Read More »
Balanced Approach: The Tax Hikes That Democrats Should Propose
So this year’s fiscal-policy code word is “balanced approach.” This means nothing more or less than higher taxes on high earners, business income, and capital gains. Congressman Eric Cantor remarked at one point in the debt-ceiling debate that the Democrats (including Obama) were totally stuck on the idea of raising taxes. But Cantor stressed that they never presented an economic rationale for higher taxes. It | Read More »
The Public Sector Weight Around Taxpayers’ Necks
Promoted from the diaries by Bill S. “Meticulous attention should be paid to the special relations and obligations of public servants to the public itself and to the government.” So warned the union-friendly Franklin Roosevelt about the danger of public sector unionism. Some of us have ignored his counsel while others have simply chosen to look the other way. Regardless of your motivation all eyes | Read More »
VAT Tax – You Aint Seen Nothin Yet
VAT – Value Added Tax. If you don’t know what the VAT tax is, please read this article by Charles Krauthammer. Many people have been pushing for a flat tax, or a fair tax, which is similar to VAT tax, but proponents of those don’t assume that they would be added ON TOP OF the existing taxes we pay. With the VAT, however, the government | Read More »