President Obama is touting his new mega tax on millionaires–a.k.a. “the Buffett Rule”–as the best thing since sliced bread (or since his plan to spend $447 billion on more stimulus), but not everyone agrees–namely, entrepreneurs and those who have seen the effects of soaking the rich in order to pay …
Warren Buffett’s demand last week that the federal government stop “coddling” the country’s wealthiest citizens – meaning that it should take more of their income with even more confiscatory tax policies – has earned him rebukes from a few fellow members of the billionaire club. In today’s Wall Street Journal, …
Billionaire investor Warren Buffett has a special request for the U.S. government: He wants to be taxed more, he writes in today’s New York Times. The trouble is, he leaves out some very important facts—while feeding into President Barack Obama’s calls for higher taxes. “Our leaders have asked for ‘shared …
Months after making an ill-fated stand for the “Cornhusker Kickback” in health care legislation, Sen. Ben Nelson (D-NE) has again put himself in the spotlight. Yesterday he was the lone Democrat to vote against moving forward on the Senate’s financial regulation bill. Nelson claimed in a statement, “We need to …
Warren Buffet is a known supporter of the Death Tax, a long-time Democrat, was an unofficial adviser on economic policy to President Obama during the 2008 campaign and he recently served on the President’s Economic Advisory Board during the transition between presidential administrations. Oh, and he revealed this morning that …
Liberals are so ecstatic over the recent financial crisis that they have lost all contact with reality. Witness Harold Meyerson in The Washington Post: In 1949, a number of famous writers, among them Arthur Koestler, André Gide, Richard Wright, Stephen Spender and Ignazio Silone, wrote essays explaining why they were …
The left really has no idea what free markets are. Witness Washington Post columnist Harold Meyerson who wrote a column last week blaming the current credit crisis on ‘unregulated capitalism’ and ‘laissez faire’ policies. According to Merriam-Webster, ‘laissez faire’ means: “a doctrine opposing governmental interference in economic affairs beyond the …
