Friday, 13 April 2012

  • Nice one!   Now we know why the Buffet Rule limit is $1 million.
    "The Obamas' rate is less than the 30 percent the president wants millionaires to pay under his proposed Buffett Rule." It's actually not millionaires, but multi-millionaires - people who ear $1million per year.
  • It's not just education that America is bad at compared to the rest of the developed world: the US is now ranks as mediocre in health care, in social mobility and a host of other measures.  American exceptionalism now means exceptionally ordinary also-ran.  Sadly, this is not just down to Obummer, We have been falling slowly behind for the past 30 years.
  • Why not raise the tax on capital gains and other unearned income and lower the tax on earned income until the two meet.  That would be a fairer way accomplish the objective: the maximum number of people being equal contributors to the funding of their government.

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