Our left-wing tax blogger friends James Maule and Linda Beale avidly support the Occupy Wall Street movement. Together, Maule and Beale have written dozens of posts about out how middle-class conservatives – tea partiers, in particular – have been victimized by right-wing lies about taxes. Well, the folks at Daily Intel have polled 50 Occupy [...]
Tags: Opinion · Politics · Politics of Taxes
David Logan of Tax Policy Blog has another reality check for the 99 percenters occupying Wall Street: An Overlooked Two-Year Trend: Incomes of the Top 1 Percent Decline While Effective Rates Increase It’s true. In 2008 and 2009, the average taxpayer in the top 1 percent made less money than they did in the prior [...]
Tags: News · Opinion · Philosophy · Politics of Taxes
The irony is richer than Warren Buffett’s secretary. Reuters reports that the Occupy Wall Street mob, after two short weeks of relatively peaceful occupying, has gone violent in a global day of rage (emphasis is mine): Hundreds of hooded, masked protesters rampaged through Rome in some of the worst violence in the Italian capital for years Saturday, [...]
Tags: News · Opinion · Politics
Several months ago vice squads in West Palm Beach, Florida began the practice of giving local beat reporters the names and mugshots of men who had been arrested for allegedly soliciting prostitutes. I believed then, and still do, that in a country that declares a man to be innocent until proven guilty, the practice is illegal.¹ The reporters, of course, maintain that they have [...]
Tags: Legislative Watch · News · Opinion · State Taxes · Taxpayer Rights
If President Obama were like George Washington and could not tell a lie, this is what he would say to the American taxpayer: Yes, we are going to increase your taxes, but don’t worry. If we waste those funds, we’ll just increase your taxes again. An entity that can raise its “prices” without consequence (i.e. without the loss of “business” [...]
Tags: Opinion · Philosophy
Tags: Opinion · Politics · Satire
Stephen Hayes just made a brilliant observation about the disconnect between President Obama’s support of the Wall Street occupiers and his defense of his administration’s decision to invest in Solyndra: The President says the Wall Street protesters are rightfully upset at Wall Street for taking unreasonable risks with their money yet he defends his own administration’s unreasonable [...]
