The evidence is mounting, if not already there, that some higher taxation -- including a streamlining of the various tax codes that eliminates the perks -- is needed to spur continued growth. But when will the politicians finally wake up to that fact?
The argument goes that instead of being jealous, we all should be working in harmony together to create jobs and opportunity. Problem is, the deeply rich talk about building the economy but do almost nothing about it.
Author David Cay Johnston won a Pulitzer Prize in 2001 for his reporting on U.S. tax policy. But in his just released book, The Fine Print, Johnston falls woefully short of that standard in his attempt to critique the state of broadband in the U.S.
With a tax deal imminent, here are some things worth knowing, from Zero Hedge: "When anyone starts lecturing you that the US has the highest tax rate in the industrialized world, just turn around and walk away."
If you are genuinely concerned about deficits, then you should be concerned not about domestic spending, but about spending on the Bush tax cuts and wars. That's the real tax and spend story that conservatives don't want told.