February 25, 2018

Should the rich pay more taxes (than they already do)?

If where the “fair share” line is up to private opinion, what does it say about President Obama’s opinion that, when the economy is struggling and unemployment is high, he wants to take wealth out of our country to balance the debt? Wouldn’t it be better to grow the economy and lower the cost of government? Why would we soak the rich–most of them owners of businesses and investors in businesses–at the very time capital is most needed to grow business and expand? [cont…]

One does not simply lose 129,000 millionaires…

The first thing that came to mind when I saw the headline was: “What? Where did we put them? Are they under the couch cushions?”

It’s no joke, though. Because of losses on the stock market, America is down 129,000 millionaires, while the rest of the world added 175,000 millionaires. Growth is happening, evidently, in the “emerging markets” of the world. Just not here at home. [cont…]