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Rick Perry's Flat Tax Isn't Flat
Tweet Share on Facebook October 28, 2011 Comment (17)We learned this week from the CBO that over the last 30 years, the income of the top 1 percent of earners shot up 275 percent, compared to the middle three-fifths, whose income grew by only 40 percent. No wonder people feel like there isn't a level playing field in America anymore. That feeling explains why so many people are interested in a flat tax. Done right, a flat tax would lower and simplify federal income tax rates, broaden the base, eliminate deductions and loopholes, attract foreign capital, add certainty for individuals and businesses, end "crony capitalism," and most importantly, spur growth and job creation.
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Debt 'Supercommittee' Could Send Much-Needed Signal to the Nation
Tweet Share on Facebook October 21, 2011 CommentToday's must-read: David M. Walker's essay in Politico on the upcoming recommendations of the "supercommittee." He'd like their recommendations to exceed their initial goals for spending reductions, so that across-the-board cuts don't take place, and he lists specific proposals for spurring economic growth and cutting unemployment. All good.
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'Politico Primary' Shows Voter Discontent
Tweet Share on Facebook October 14, 2011 CommentHave you seen the results of the Politico Primary? That's the on-line contest to choose a hypothetical third-party candidate for president that ended this week. Politico nominated five candidates--Hillary Clinton, Gen. David Petraeus, Condoleezza Rice, Erskine Bowles and Cisco Systems CEO John Chambers--and readers nominated five more: Mark Warner, Gen. Colin Powell, Jon Huntsman, Michael Bloomberg and David Walker, the author of Comeback America and former comptroller general. No word from Politico on how many people voted, but they certainly promoted it on Politico's website, Twitter, Yahoo, Facebook, and on MSNBC's Morning Joe. Fun idea.
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Cain Jumps 20 Points Ahead of Romney in Poll
Tweet Share on Facebook October 7, 2011 Comment (31)Today's Zogby poll of likely Republican primary voters is big news: Herman Cain has opened a 20-point lead over Mitt Romney and he now beats President Obama in a head-to-head matchup, 46 to 44 percent.
