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  • Middle Class Would Pay Less Under McCain Tax Plan

    A closer look at the Obama and McCain tax plans for the reveals that it is not just the “rich” taxpayers earning more than $200,000 that would face higher rates under Obama than under McCain’s tax proposal. The reason for this is simple: McCain expands the exemptions families can take … More

    Which Tax Plan Is Better for My Family?

    A lot of focus has been on how the candidates’ tax plans affect different income groups. But, The America Dream is all about climbing the income ladder. A family that is “middle class” one year may be considered “rich” the next. This depends on economic growth, and on opportunity and … More

    The Return of Progressive Corporatism

    Could the current crisis usher in a new “New Deal”, with a new brand of corporatism to replace the free market system? Certainly European leaders are arguing that case. The current economic “crisis,” may itself have been caused by bad policy. Yet, is provides a great pretext for an expansion … More

    A Few Ways to Kill Economic Growth

    It appears more and more likely with each passing day that we’ll wind up with an Obama administration. If Obama is elected, we will face a lengthy list of policy proposals that are supposed to help the less fortunate but in fact just kill economic growth. He would expand the … More

    The End of Social Security As We Know It?

    Barack Obama argues that his tax rebates, many of which will go to households paying no income tax will “offset the payroll tax they pay,” and are, therefore, not welfare. But there are two big problems with this line of argument. First of all, Social Security taxes (the main part … More

    The Truth Behind Obama's 3% of Small Businesses Claim

    Obama claims that his plan would only hurt 3% of small businesses. But this is highly deceptive. He isn’t lying, but the reports that he cites mean something very specific. They do not mean that 97% of small businesses won’t see higher taxes under Obama’s plan than they see today. … More

    Obama's Poverty Trap

    (Newscom) Barack Obama has claimed he would lower taxes on 95% of workers — even though more than 40% of tax filers don’t even pay taxes. What he says is true, but what it really means is that he is reintroducing a massive increase in the welfare state, costing about … More

    Mortgage Socialization

    Fannie Mae and Freddie Mac were created during the New Deal by the Roosevelt administration in order increase home ownership. With government backing and price controls, the supply of housing was artificially increased, with the funds coming from the taxpayer. Even when Fannie and Freddie were made into government sponsored … More

    What Does the Future Hold for Mandatory Public Service?

    Time magazine ran a story back in 2007 on “The Case for National Service.” The story described the positions of the candidates for president on expanding “public service” programs. Two of the Democrat candidates favored mandatory community service by all high school students. And two others — Hillary Clinton and … More

    Socialism, Not Capitalism, to Blame for High Oil Prices

    More than 75% of the world’s oil reserves are controlled by national oil companies. Of the world’s top 20 oil-producing firms, 14 are state-run. Those areas where private companies have been able to drill have recently been shrinking, and remaining private companies are facing hostile governments that may try to … More