The Corner

Uh-Oh

Would Wurzelbacher supposedly get a tax cut under Obama?

 

UPDATE

E-mail:

Subject: Once again ABC misses the point

I am simply amazed at the ability of pundits to miss the point.  The structure of Obama’s “tax cut” (i.e. tax rate changes, tax credits and thier phase out) is such that many people will face higher marginal tax rates (as the credits are phased out and marginal rates are changed) even if their average tax rate goes down.  It is the increased marginal tax rate that creates a disincentive to invest.  Average tax rates do not matter in this regard.  Joe, who is considering investing in starting a business gets it.  Why can’t pundits? This was one of Ronald Reagan’s most important points and America’s conservatives has apparently forgot it.

Most Popular

U.S.

Systemic Racism? Make Them Prove It.

I  worked in the criminal-justice system for a quarter century. It is run, day-to-day, by the crème de la crème of graduates from America’s top law schools. Those institutions wear their progressive bona fides on their sleeves and proclaim it for all the world to hear. In their offhand rhetoric — ... Read More
U.S.

Systemic Racism? Make Them Prove It.

I  worked in the criminal-justice system for a quarter century. It is run, day-to-day, by the crème de la crème of graduates from America’s top law schools. Those institutions wear their progressive bona fides on their sleeves and proclaim it for all the world to hear. In their offhand rhetoric — ... Read More
Media

The Attacks on Judge Barrett Have Already Started

Some left-wingers aren’t waiting for Judge Amy Barrett to be nominated to the Supreme Court to start attacking her. The attacks over the last few days have been steeped in anti-Catholicism, other types of bigotry, and lazy error. A headline at the left-wing website Refinery29 called her “the Potential RBG ... Read More
Media

The Attacks on Judge Barrett Have Already Started

Some left-wingers aren’t waiting for Judge Amy Barrett to be nominated to the Supreme Court to start attacking her. The attacks over the last few days have been steeped in anti-Catholicism, other types of bigotry, and lazy error. A headline at the left-wing website Refinery29 called her “the Potential RBG ... Read More

Andrew Cuomo’s Horrific Decisions

Observers of New York politics over the past several years understand that Governor Andrew Cuomo’s fanatical obsession with humiliating and overruling his fellow Democrat Bill de Blasio towers over every other consideration in the Empire State. Sometimes Cuomo’s habits come across as merely silly, as when he ... Read More

Andrew Cuomo’s Horrific Decisions

Observers of New York politics over the past several years understand that Governor Andrew Cuomo’s fanatical obsession with humiliating and overruling his fellow Democrat Bill de Blasio towers over every other consideration in the Empire State. Sometimes Cuomo’s habits come across as merely silly, as when he ... Read More
Politics & Policy

Get Your Facts Right

On the menu today: Another reminder that “People of Praise” and “People of Hope” are not the same group, and proof that “People of Hope” did not inspire Margaret Atwood’s The Handmaid’s Tale; wondering what Joe Biden is doing with his time these days; and two Senate committees release their ... Read More
Politics & Policy

Get Your Facts Right

On the menu today: Another reminder that “People of Praise” and “People of Hope” are not the same group, and proof that “People of Hope” did not inspire Margaret Atwood’s The Handmaid’s Tale; wondering what Joe Biden is doing with his time these days; and two Senate committees release their ... Read More