Entries Tagged as 'Higher Taxes'

The Coming Liberal Argument

December 19th, 2011 at 12:00 am 51 Comments

Here is a real effect Occupy Wall Street is having on the liberal left. They will start to blame the current bad economy explicitly on income inequality.

Here is Heather Boushey writing at the Center for American Progress:

Take, malady for example, buy the housing bubble of the 2000s. It was facilitated in no small part by exotic mortgages that were sliced and diced and sold to investors who pushed home prices to hitherto unknown heights. And when it popped, millions of American families—through no fault of their own except the decision to buy a home—were left with mortgages greater than the value of their homes. High rates of foreclosure still plague our economy.

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I’m Already Paying “My Share” Ms. Warren-And More

September 22nd, 2011 at 5:29 pm 113 Comments

A video from Elizabeth Warren’s campaign tour in Massachusetts, has been circulating online. In it she justifies on moral grounds the need to raise taxes on “the rich”.

As her thin platform from which to launch a tax-the-rich clarion call, she refers to a hypothetical factory owner who must use roads ”the rest of us paid for” utilizing workers educated in schools “the rest of us paid for” and whose workplaces are protected by police “the rest of us paid for.”

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How About THIS Sacrifice Mr. Buffett?

David Frum August 16th, 2011 at 5:28 pm 137 Comments

Warren Buffett is collecting accolades for his expressed willingness to pay more taxes to balance the U.S. federal budget. He says he paid $6 million in taxes on his vast fortune last year. He offered to pay more, although he didn’t say how much more.

Arguments against interest are always impressive. But here’s the argument that would impress me even more:

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