CNBC: The UK’s tax collection agency is putting forth a proposal that all employers send employee paychecks to the government, after which the government would deduct what it deems as the appropriate tax and pay the employees by bank transfer. This is the inevitable destination of the socialist utopia. It’s pretty shitty to think that […]

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The Times, again, bending reality to fit their narrative of tax cuts adding to government debt: Republicans say cutting taxes would ease millions of families’ financial difficulties while encouraging the creation of jobs. But tax cuts mean higher government deficits, and Thursday’s report illustrated that clearly, estimating that extending the entire Bush tax cut package […]

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hereby formally and with a full commitment, declare full scale class warfare on those whom we deem make more money than they deserve, and will strive to coerce it from them and give it to those who vote for us in order that we maintain our power. If we fail, we will, however, continue to […]

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The terminally libertarded and their press hacks have a serious disconnect with reality. They see the lack of tax revenue as a great injustice, and write about the poor souls who are suffering due to our unwillingness to pay their way through life. The length of the downturn means that many places have used up […]

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For those who might argue that President Obama isn’t a progressive ideologue. The Wall Street Journal: Economists who say Mr. Obama should have relied more on tax cuts cite research of an unlikely source: Ms. Romer, his adviser. In a study she and her husband, David Romer, conducted before she joined the administration, Ms. Romer […]

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The AP: Treasury Secretary Tim Geithner said that allowing tax cuts for the wealthy to expire would be “the responsible thing to do.” [. . .] “It’s responsible to let the tax cuts expire that just go to 2 percent to 3 percent of Americans, the highest earning Americans,” Geithner told ABC’s “This Week” in […]

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Debt, by definition, is what one accrues when one spends more money than one has to spend. Demotards and their friends at The Washington Post would have us believe that debt is what one accrues when one doesn’t make as much as one spends. Although they have blamed Democrats for record budget deficits, most Republican […]

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Senator John Kerry. Cato explains: In the future, dictionary publishers should get rid of their existing definitions for “hypocrisy” and replace them with a photo of Massachusetts Sen.ator John Kerry. He’s just been caught committing the horrible sin of saving his family more than $500,000 by domiciling his new yacht in Rhode Island (which is a […]

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Just when I thought that Paul Krugman couldn’t be any more full of shit, he proves me wrong time and again.  From a recent Opinion column in The New York Times: Around the world — most recently at last weekend’s deeply discouraging G-20 meeting — governments are obsessing about inflation when the real threat is […]

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Fuckin’ great.  Not only are we spending an absolutely absurd $700 billion dollars a year for our own military,1 we’re now spending $650 million to fully arm the fledgling Afghan air corps.  And we don’t even have the decency to provide them with American arms built in American factories by American workers, but with Russian […]

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