Bookworm on Aug 21 2008 | Filed under: Barack Obama, Economics, Taxes
Jack Kemp and Peter Ferrara on Obama’s tax proposals and how they’ll affect all of us:
Obama has proposed increases in every major federal tax. He has proposed to increase individual income taxes, with the top rate to rise to almost 40 percent. He has proposed to increase the top capital-gains tax rate by 33 percent. [...]
Bookworm on Apr 30 2008 | Filed under: Economics
I recall hearing a guest on talk radio (I forget which show) saying that a recession is defined by very specific economic indicators — and that, despite the loose use of the word “recession” by uninformed media types, those economic indicators were not present. Perhaps that’s not surprising, given that the economy is growing, [...]
Bookworm on Feb 13 2008 | Filed under: Barack Obama, Economics
Obama is going to revitalize our economy by having more government control over the economy and by ending the Bush tax cuts for upper earners. increasing taxes on the middle class. If by “revitalize,” he really means “Carterize,” I guess he’s right. Otherwise, I have grave doubts about the wisdom of his [...]
|
