Victor Davis Hanson "If we prefer high rates, we will see either more tax avoidance or a certain reluctance to work an extra day, buy new equipment, or hire a new employee — given that any additional income will be mostly eaten up in taxes. Those who make over $250,000 are those who would be more likely to hire new employees, and they usually can do it far more efficiently than the federal government."
Are We Too Dependent on Rich Taxpayers?. "In 2005, the richest 13.5% of California taxpayers (or those earning more than $100,000) paid 83% of all income taxes. Capital gains from the top 5% of taxpayers accounted for $100 billion out of the $111 billion in total capital gains reported.
"“Those revenues rise and fall dramatically with the stock market, resulting in California’s unstable and volatile revenue stream,” the state Controller wrote.
"Why is this a problem?
"Some might say fairness. Conservatives are frequently arguing that it’s not “fair” that the top 1% pay more taxes than the bottom 90%." Hat tip to Neal Boortz.
Tuesday, December 14, 2010
Agency decides it can't afford to stay in S.F.
SFGate "After almost 100 years, the State Compensation Insurance Fund is pulling 755 of its 830 jobs out of town, having determined that San Francisco is just too expensive - and its workforce too dumb - for the agency to continue doing most of its business here.
"Workers called to a recent meeting at the Herbst Theatre were told that 293 jobs will move to Pleasanton, 422 to Vacaville and 40 to Sacramento, with 75 employees remaining in the city."
The fruits of liberalism, er, progressivism.
"Workers called to a recent meeting at the Herbst Theatre were told that 293 jobs will move to Pleasanton, 422 to Vacaville and 40 to Sacramento, with 75 employees remaining in the city."
The fruits of liberalism, er, progressivism.
Katie versus Condee: no contest
American Thinker Katie Couric versus Condoleeza Rice. Wow. Rarely is an intellectual shellacking so thorough as what happened when these ladies went high-heel to high-heel over the intelligence behind the deposing of Saddam"....
"It also recalls this from Ronald Reagan: "The trouble with our liberals(sic) friends is not so much that they are ignorant, but that they know so much that isn't so." "
"It also recalls this from Ronald Reagan: "The trouble with our liberals(sic) friends is not so much that they are ignorant, but that they know so much that isn't so." "
What Communism Feels Like
Warning Signs "Recently I received an email and requested permission to share it. It says a great deal about the danger of a government inclined to ignore the Constitution. December 15th is Bill of Rights Day; time to read them if you have not done so already."....
....I was born, raised, and grew up in Communist Poland. I presently reside in the USA since June 1983. I love the country and love Americans. Every time the national anthem is played I tear up with happiness to be lucky enough to live in The Greatest Country on Earth!!Posted by Alan Caruba, Warning Signs blog
What I see happening all around us is very troubling, since Obama's election and the great number of people looking forward to change and hope to get us on track to build a better tomorrow. The light at the end of a tunnel, however, has turned out to be a TRAIN!!....
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| Mike Ramirez cartoon, via Warning Signs "CNSNews.com originally published this story in which House Speaker Nancy Pelosi dismissed the question of whether Obamacare was constitutional on Oct. 22, 2009" |
U.S. Health-Care Law's Insurance Requirement Struck Down in Virginia Suit
Bloomberg “At its core, this dispute is not simply about regulating the business of insurance -- or crafting a scheme of universal health insurance coverage -- it’s about an individual’s right to choose to participate,” wrote Hudson, who was appointed by President George W. Bush in 2002.*"...."To overcome that conclusion, the Obama administration ultimately may have to persuade at least one of the five Republican-appointed justices on a Supreme Court that in recent years has limited Congress’s power to regulate interstate commerce."
* Emphasis added. You knew they would throw this in, didn't you?
Holder and Sebelius trot out the auto-insurance canard "You have to feel for the editors of the Washington Post. The day after a federal judge rules ObamaCare’s mandate unconstitutional, they get an opportunity to let the woman who runs it and the man who directed its defense publish an essay rebutting the critics dancing on the mandate’s grave. Once the editors receive it, though, they see that the argument relies on a canard that has been thoroughly debunked for months — and renders the entire exercise useless. Do the editors kill the celebrity column, or run with it and hope no one notices? Guess:" CNN photo.Individual mandate not easily fixable "But here's the tricky part: Justice Elena Kagan, having served in the Obama Justice Department, is surely to recuse herself. With the "liberals" one judge down, even a Kennedy vote to uphold the individual mandate would presumably result in a 4-4 tie. And guess what? If there is a tie, the lower ruling stands. In other words, this is really bad for ObamaCare advcoates." Emphasis added. The Klein article Rubin refers to is next:
Is the Hudson ruling good news for health reform?"Hudson ruled against the government, but he didn't stop it (you can read the full opinion here.). He refused the plaintiff's request for an injunction against the legislation's continued implementation. The construction of the bill's infrastructure will continue. And second, he refused to overrule anything but the individual mandate itself."
Holbrooke's death leaves major void in Obama's Afghan strategy
Washington Post "The death of Richard C. Holbrooke, who directed the civilian side of the war in Afghanistan, leaves a major void in what has always been the most difficult and vulnerable aspect of President Obama's strategy."
ABC News "Family members said his last words before he headed into surgery were: "You've got to stop this war in Afghanistan," according to the Washington Post."
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| U.S. special envoy for Pakistan Richard Holbrooke visits Pakistani children who survived floods and live in a camp set up for displaced people in the Makli area of Sindh province (File). From VOA News West Bank Shows There Is a Military Solution to Terror "The “expert” report Max cited yesterday, which declared Afghanistan unwinnable even while acknowledging progress in the war, reflects a broader problem: the claim that “there is no military solution to terror” has become virtually unchallenged dogma among Western intelligentsia. Yet as Israel’s experience in the West Bank shows, terrorist organizations can be defeated — if their opponents are willing to invest the requisite time and resources." |
Monday, December 13, 2010
Liberals Leave The Reservation
Heritage "Any piece of legislation must be both constitutional and improve the condition of the American people. When President Obama and Congressional Republicans first announced their tax deal early last week, our reaction was to hold our noses against its bad elements; on balance, we thought the extension of the current tax rates was laudable. Now, however, the full text of the bill has been released and we see all the bad things that were in the original deal. Meanwhile, liberals in Congress are walking away even from that deal, and are holding the country hostage to their hatred of those they call “the rich.”"
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| http://www.investors.com/EditorialCartoons/Cartoon.aspx?id=556607 |
US drops Palestinian-Israeli track, formulates new Turkey-Iran deal
DEBKAfile "US Secretary of State Hillary Clinton had the thankless task of writing finis on the Obama administration's intense two-year effort to persuade Israelis and Palestinians to discuss peace."....
"DEBKAfile's Washington sources disclose that what she had in mind was an alternative path which still remains to be marked out: It would move Middle East peacemaking out of the deadlocked US-Palestinian-Israeli track and introduce a new set of prime movers with the long-term goal of a regional peace settlement."
"DEBKAfile's Washington sources disclose that what she had in mind was an alternative path which still remains to be marked out: It would move Middle East peacemaking out of the deadlocked US-Palestinian-Israeli track and introduce a new set of prime movers with the long-term goal of a regional peace settlement."
Does the Muslim World Have Political Cartoons?
Slate "Tehran is among the most aggressive regimes when it comes to the censorship of political cartoons."....
"In 2000, Nikahang Kowsar drew another Ayatollah who had repeatedly attacked the press as a crocodile squeezing the life out of a journalist. While Kowsar insisted to authorities that the crocodile wasn't intended to represent any individual, the Ayatollah's name (Mesbah) rhymed with the Persian word for crocodile (Temsah). Kowsar spent seven days in Tehran's infamous Evin prison, and has since fled to Canada."
NIKAHANG KOWSAR writes: "As a political cartoonist forced to leave the country in 2003 after receiving a death threat, I should probably hate the rulers in Iran. Though I am not a big fan, I love them for all of their rich contributions to material for me and my colleagues. Truly, how can I hate the people who have kept my cartooning spirit alive?" Here his work depicts an Iranian's view of Obama's outreach to Mahmoud Ahmadinejad:
"In 2000, Nikahang Kowsar drew another Ayatollah who had repeatedly attacked the press as a crocodile squeezing the life out of a journalist. While Kowsar insisted to authorities that the crocodile wasn't intended to represent any individual, the Ayatollah's name (Mesbah) rhymed with the Persian word for crocodile (Temsah). Kowsar spent seven days in Tehran's infamous Evin prison, and has since fled to Canada."
NIKAHANG KOWSAR writes: "As a political cartoonist forced to leave the country in 2003 after receiving a death threat, I should probably hate the rulers in Iran. Though I am not a big fan, I love them for all of their rich contributions to material for me and my colleagues. Truly, how can I hate the people who have kept my cartooning spirit alive?" Here his work depicts an Iranian's view of Obama's outreach to Mahmoud Ahmadinejad:
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| PBS.org |
Bill Takes the Podium
Thomas Lifson "But using his wife's anger and the need to party, was a really an awful excuse for a man charged with the heavy responsibility of guiding the ship of state. He looks, quite frankly, whipped."
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| http://townhall.com/cartoons/kencatalino |
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