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    Chart of the Week: Top 1 Percent Paid 38 Percent of Federal Income Taxes

    President Obama used his State of the Union address Tuesday to outline his idea of fairness. To put it simply, that means redistributing wealth by raising taxes on the most successful Americans. “If you make more than $1 million a year, you should not pay less than 30 percent in taxes,” Obama declared. He added: “Now, you can call this class warfare all you want. But asking a billionaire to pay at least as much as his secretary in taxes? Most Americans would call that common sense.” Heritage’s Curtis Dubay … More

    Obama’s New “Fairness Doctrine” and the American Ideal

    “Economic fairness” is expected to be the topic of President Barack Obama’s State of the Union address on Tuesday night, during which he will likely sound the same populist notes of progressivism that America heard last month in his speech in Osawatomie, Kansas. Fairness, though, is in the eye of the beholder. And in the President’s eye, “fairness” means equality of outcomes, not of opportunity. He says he will “lay out a blueprint for an American economy that’s built to last,” but if his Kansas speech is any indication, that … More

    Morning Bell: Media Watchdog Has No Bark

    In the age of Obama, the media formerly known as mainstream can remind one of 19th century British literature. Pride and Prejudice sometimes, of course, but more often a favorite Sherlock Holmes story, Silver Blaze. In it, the famous sleuth has the following exchange with Inspector Gregory: Gregory: “Is there any other point to which you would wish to draw my attention?” Holmes: “To the curious incident of the dog in the night-time.” Gregory: “The dog did nothing in the night-time.” Holmes: “That was the curious incident.” The media, you … More