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Huh Romney Ignores The KISS Rule On Taxing Wealth

You know the KISS rule: "Keep It Simple, Stupid." When it comes to taxing wealth vs. taxing work, what's become known as the "Buffett Rule" is an elegant example of the KISS principle at work. Income is income. It should be taxed at the same rate, whether you've...

SOTU He Hasnt Learned Anything More About the Economy in the Past Year

Last year I prepared for the SOTU by speculating about the “fairy tales” the President would tell about fiscal responsibility, fiscal sustainability and the debt/deficit problem. That series ended here, and here. Yesterday's SOTU covered many subjects, but once again,...

Job Creators

They used to say that the money wealthy people spent would trickle down to everyone else, but nobody was really buying it. I'm not sure anyone's buying this either: "Let's define rich," Scarborough suggested. "So, what's the cutoff? Is it $500,000?" "I don't even want...

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