As California Goes, So Goes New York
... Aaaand probably the federal government.Over at the Atlantic, Megan McArdle takes on the question "Is California too big to fail?" Short answer? Nope.
Dear AIG,
"It is with deep regret that I submit my notice of resignation from A.I.G. Financial Products." The New York Times on Tuesday ran an op-ed entitled "Dear A.I.G.,…
Tom Daschle: “Tax Cheaters Cheat Us All”
The Washington Times gets in one-last parting shot to disgraced cabinet-nominee Tom Daschle with a steaming bucket of irony: If Tom Daschle had his way,…
Spreading the Wealth
Or rather, spreading the pain and the blame. Obama is working pretty hard to bring Republicans in the House and Senate over to his brand of Keynesian economics by…
Items of Note
As Brendan noted a post or two ago, more and more states are looking to nanny-state style "sin-taxes" to fill budget holes. I want to point readers to an excellent…
Corporations and the Tax Man
Steven Malanga takes on the "free-ride for business" myth at RealClearMarkets. Check it. Many businesses we regard as successful operate on small profit margins. After paying $5.8 billion…
Higher and Higher
Shorter Ruth Marcus: What America really needs is higher taxes. In fact, it would be totally awesome campaign strategy for a Republican to just say, "Yeah, higher taxes! We…