Moral Outrage
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Posts Tagged ‘tax increases

US Congressmen are in no way representative of the people

September 23, 2011

Rep. John Fleming (R-LA) appeared on MSNBC to attack President Obama’s new deficit reduction plan, which includes some tax increases on the wealthy. The host of the show asked, “If you have to pay more in taxes, you would get rid of some of [your] employees?” Fleming responded by saying that while his businesses made […]

A National Debt of $211 Trillion!

August 9, 2011

Economics professor Laurence J. Kotlikoff, who served as a senior economist on President Reagan’s Council of Economic Advisers, says the national debt, which the U.S. Treasury has accounted at about $14 trillion, is just the tip of the iceberg. “We have all these unofficial debts that are massive compared to the official debt,” Kotlikoff tells […]