The billionaire volunteers the middle class for a tax increase. Aug 17, 2011 WSJ Barney Kilgore, the man who made the Wall Street Journal into a national publication, was once asked why so many rich people favored higher taxes. That’s easy, he replied. They already have their money. That insight is worth recalling amid the [...]

Posted 08/15/2011 06:48 PM ET   Fiscal Policy: Warren Buffett may have hoped his call for a tax increase on the rich would make him look selfless. Instead, it just made him look like an uninformed hypocrite. In a New York Times op-ed on Monday, Buffett complained that he and his super-rich friends “have been [...]

President must choose between jobs and his desire to tax air By THE WASHINGTON TIMES The Washington Times Monday, August 15, 2011 Whether it’s ozone or carbon dioxide, the cost of overregulating the air around us is more than the nation can afford. Even the Obama administration may be taking a breather, as the Environmental [...]

By Walter E. Williams (Archive) · Wednesday, August 10, 2011 President Barack Obama has called for a luxury tax on corporate jets as a means to generate revenue to fight federal deficits. The president’s economic advisers ought to be fired for not telling him that doing so is unwise and counterproductive. They might have already [...]

Liberals discover that tax rates are too high, offer one-year reprieve. Aug 6, 2011 WSJ An obvious question raised in the aftermath of the debt deal and this week’s wrenching market turmoil is what, precisely, does the Obama administration propose to do next to help the weak economy. In the area of tax policy, it [...]

Tax reform—not an infrastructure bank—might save his presidency. Aug 6, 2011 WSJ By HOLMAN W. JENKINS, JR The economic crisis that began in 2008 has thrown up several questions. How can we live with banks that are too big to fail? How can we support financial institutions during a liquidity panic without creating incentives that [...]

Where else is the growth going to come from? Aug 5, 2011 WSJ By STEPHEN MOORE ‘Let’s go with the radical approach.” That’s what then-Senate Finance Committee Chairman Bob Packwood exclaimed to his top tax aide during a legendary two-pitchers-of-beer lunch at Washington’s Irish Times in the spring of 1986. They were trying to figure [...]

Posted 08/04/2011 06:28 PM ET   View Enlarged Image Class Warfare: The president has spoken incesantly about “shared sacrifice” and the importance of everyone paying his or her “fair share.” Yet the people whose taxes he wants to raise already shoulder the biggest burden. Throughout the debt-ceiling debate, President Obama rode his talking points hard. He punctuated his [...]

Did Republicans get tricked into a super-sized tax increase as part of the debt-limit deal? That depends on who you ask. Aug 3, 2011 WSJ By STEPHEN MOORE Did Republicans get tricked into a super-sized tax increase as part of the debt-limit deal? That depends on who you ask. There’s a lot of chatter among [...]

Earth to Obama: Americans don’t want higher taxes By THE WASHINGTON TIMES The Washington Times 7:20 p.m., Wednesday, August 3, 2011 Vice President Joe Biden said Monday that fiscal conservatives “acted like terrorists” during the debt-ceiling debate. Those like the veep who fervently protest the lack of civility in American politics are the quickest to [...]