For more than 80 years, the political left has opposed what they call “tax cuts for the rich.” But big cuts in very high tax rates ended up bringing in more revenue to the government in the Coolidge, Kennedy, Reagan and Bush 43 administrations. This included more — repeat, more — tax revenue from people … Continue reading
Clearly the United States Senate and the President will be to blame for a partial federal government shutdown if Congress can’t pass a measure to fund the federal government past April 8th. Senate Majority Leader Harry Reid (D-NV) will get special blame, (Read more at the following link.) via Senate and Obama to Blame for … Continue reading
From IBD EDitorials: Paul Ryan’s plan to restore fiscal sanity is many things, but insincere is not one of them. Ryan’s plan makes serious proposals to cut spending, reform entitlements and ease our out-of-control debt burden. It slashes outlays from Obama’s budget by $6.2 trillion over 10 years, caps the top corporate and individual tax … Continue reading