Ramirez: The Compromise

This just about sums-up the week does it not? One week closer to the Fiscal Cliff. I say we go for it. If you’re not watching the Michael Ramirez editorial cartoons over at Investor’s Business Daily, you should be. Read Ed Morrissey over at Hot Air for a chaser.

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Bamboozled: The rich do pay a higher tax rate than middle class

We’ve been telling you this for years. You can pick out individual cases where really rich people – especially those living exclusively on dividend income – pay a lower effective federal income tax, but that is rare. For the 2010 tax year, IRS data proves millionaires payed an average tax rate of 20.4 percent, while…

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Some in Congress pushing for online sales tax

It’s Small Business Saturday, and I figured this subject was appropriate. For years I’ve been closely involved with retail sales at a local level. I’ve struggled with the thought of Internet retailers selling the same products or services online for a lower cost. But – even putting aside the constitutional argument – I do not…

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Treasury secretary proposes infinite debt limit

Hey, when you’re trying to run an expanding federal government, seeking permission from the people to spend more and more money we don’t have is a bloody inconvenience. When asked if we should ditch the debt limit all-together, Treasury Secretary Timothy Geithner agrees with Alan Greenspan – spend away! “Well, this is something only Congress can solve,”…

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