Do you really think taxes and jobs are unrelated? One of the many false talking points of the Obama administration is that a rich man like Warren Buffett should not be paying a lower tax rate than his secretary. But anyone whose earnings come from capital gains usually pays a lower tax rate. How are capital gains different from ordinary ... MORE
Showing posts with label invest. Show all posts
Showing posts with label invest. Show all posts
Thomas Sowell: Capital Gains Tax
Do you really think taxes and jobs are unrelated? One of the many false talking points of the Obama administration is that a rich man like Warren Buffett should not be paying a lower tax rate than his secretary. But anyone whose earnings come from capital gains usually pays a lower tax rate. How are capital gains different from ordinary ... MOREKatie Kieffer: Economics Of Peace
Freedom allows wealth; wealth allows freedom. How would a free market entrepreneur approach Afghan foreign policy? After all, our politicians seem incompetent on foreign policy given the soaring suicide rate among active duty U.S. military personnel, increasing insider attacks against NATO troops by our Afghan “allies” and numerous civilian ... MOREThe Accounting Trick That Will Haunt Public Pensions
Encouragement for riskier investments. State and local government employee pensions around the country are significantly underfunded. The Governmental Accounting Standards Board (GASB), which is the closest thing that comes to a regulator of public pensions, tells them, through its accounting rules, that the single best thing pensions can do to ... MOREStephen Mauzy: Why Free Markets
The best political economy imaginable. To exchange for greater benefit is as natural to humans as any innate bodily function. Exchange needn't be taught or explicated. No inculcation need occur. It just happens. A kindergartener exchanges his juice box for another kindergartener's cupcake. Because of inequality of wants -- ... MOREJacob Sullum: Wealth Creation Is Not The Enemy
Obama's serious misunderstanding of capitalism. President Obama accuses Mitt Romney of putting profits above people by striving to create wealth rather than jobs during his 15 years at Bain Capital. This critique of Romney's work at the private equity firm, which Obama says will be central to his re-election campaign, betrays a ... MOREThomas Sowell: A Book For Republicans
Class warfare: good politics and bad government. Democrats have been having a field day with the cry of "tax cuts for the rich" — for which Republicans seem to have no reply. This is especially surprising, because Democrats made the same arguments back in the 1920s, and the Republicans then not only had a reply, but one that eventually carried the day ... MOREKatie Pavlich: Free Market Makes America Great
Not government. Sorry Occupy, the majority of Americans believe capitalism and a free market made this country great, not the government, despite President Obama recently crediting the government with American success. Obama cited a series of government "investments." Obama said that Republicans have "one message and that is, we're going to make sure ... MOREThomas Sowell: A Brass Age?
This may be the golden age of presumptuous ignorance. The most recent demonstrations of that are the Occupy Wall Street mobs. It is doubtful how many of these semi-literate sloganizers could tell the difference between a stock and a bond. Yet there they are, mouthing off about Wall Street on television, cheered on by politicians and the ... MOREDavid Harsanyi: The GOP's Creative Destruction
Venture socialism is empathetic. Venture Capitalism is useful. Yes, it's true that unlike some Republicans, Democrats don't "enjoy firing people." They enjoy "investing" your money in exploding electric vehicles, bullet trains, and other highly unprofitable but morally satisfying economic misadventures. Venture socialism is certainly empathetic. ... MOREJohn Stossel: Job Creators Fighting Back
Some politicians claim that politicians create jobs. Senate Majority Leader Harry Reid says, "My job is to create jobs." What hubris! Government has no money of its own. All it does is take from some people and give to others. That may create some jobs, but only by leaving less money in the private sector for job creation. Actually, it's worse than that. Since government ... MORE
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