Posted in Main Blog (All Posts) on January 9th, 2013 12:08 am by HL
Jonathan Tobin, Commentary
President Obama made it clear he wasn’t going to be satisfied with the tax increase on upper income earners that he forced on Congress during the showdown over the fiscal cliff. Though in fact all wage earners suffered a loss this week as the payroll taxes surged, the president and his liberal supporters are determined to inflict even more pain on more people in any upcoming budget talks. However, one of the leading advocates for the president’s redistributionist position, the New York Times editorial page, is worried that in settling for a deal that raised taxes on those…
Rich Makers, Corporate Takers and Obamanomics
Arthur Brooks, CNBC
Arthur Brooks, president of the American Enterprise Institute, discusses the fiscal cliff deal on CNBC's “Squawk Box.”—JOE KERNEN: The fiscal cliff fight's over, a battle that is still looming large. Our guest host today is Arthur Brooks, president of the American Enterprise Institute, author of “The Road to Freedom.” Arthur, I want to just start just quickly with you. OK, your point — and we were talking about it in welcome, it's good to see you — out of the $62 billion, we've got a trillion dollar deficit, this raises how much in revenue? $62…
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