Peter Schiff is right. The other fellow says we should go back to the tax rates of when Clinton and even Eisenhower were president. If that logic works then why isn’t the President willing to go to the government spending levels back then as well? Furthermore there is empirical evidence that shows raising taxes has the adverse affect of what one would expect on both revenue received by the government and the economy in general.
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The American Revolution
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Posted in Budget, Credit Crisis, National Politics, Peter Schiff, Politics, Pop Culture, Taxes, Voting
Tagged e pluribus unum, Fiscal Cliff, Peter Schiff, Taxes
Right up front I apologize for the length of this post but believe it is too timely not to share. I initially put this together in August of 2011 so had to adjust some of the numbers. At the time I should have documented my sources but remember that credit goes to Peter Schiff, Thomas Sowell (see feed on the right) and an anonymous blog poster for much of the content. I tied it all together in hopes of using it some day and just rediscovered it this morning.
In a this time of great uncertainty we can be perfectly sure of a few things. Continue reading
Posted in American Exceptionalism, Budget, Credit Crisis, Money, National Debt, National Politics, Ohio Politics, Peter Schiff, Politics, Thomas Sowell, Voting
Tagged Budget, Credit, National Debt, Ohio, Politics, Voting