Roundup of Op-Ed’s from the Heritage Foundation Should Washington loan the Big Three automakers $50 billion to develop fuel-efficient vehicles? No By Nick Loris and James Gattuso Regardless of whether such an assertion holds true for Freddie Mac and Fannie Mae, that argument does not hold water for the auto industry. Not only are the Big Three a smaller portion of the auto market than a generation ago, but even in the event of bankruptcy, their assets would not simply disappear.[...] The Doctrine According to Charlie Gibson By: Helle Dale …
Rep. Charles Rangel (D-NY) is a lawyer. He is not only a member of the House Ways and Means Committee, but he is the chairman. The Ways and Means Committee is responsible for all federal tax policy. One might hope that the man in charge of writing the nation’s tax policy does his own taxes. He doesn’t. After it was exposed that Mr. Rangel failed to pay thousands of dollars in taxes on over $75,000 in income from a beach house in the Dominican Republic, Mr. Rangel’s lawyer told reporters …
