Eyewitness report from the court room, for those of you interested. Me, I relished it. And not even Jesus was pissed at me for doing so.
October 26, 2010
“Obama deficit panel veers dangerously off track”
I know, shocking, isn’t it? Let’s say America axed mortgage-interest deductions, child tax credits and the ability of employees to pay their portion of their health-insurance tab with pretax dollars. All these are mentioned in a Wall Street Journal story on Monday. Analysis by Americans for Tax Reform finds the net effect would be a $2.4 trillion tax hike over the next five years. (Mortgage interest deduction: $638 billion; child
Manufacturing consent, redux
Well. This is certainly one way to ensure the “correct” electoral outcome… Meh. Probably nothing. And clearly not worth pursuing, even if it turns out to be something. Get in the back, racists. (h/t Matt; via Drudge)
“Brass Oldies”
Thomas Sowell on “tax cuts for the rich”: Between 1921 and 1929, tax rates in the top brackets were cut from 73 percent to 24 percent. In other words, these were what the left likes to call “tax cuts for the rich.” What happened to federal revenues from income taxes over this same span of time? Income tax revenues rose by more than 30 percent. What happened to the economy?
“Americans now back to an even split over control of Congress – and a plurality favor another Obama term”
Which means, of course, that either the numbers are skewed, or about half of all Americans are some of the dumbest people on earth.