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Buffett: High corporate taxes are a ‘myth’

Billionaire investor Warren Buffett says that it’s a “myth” that high taxes are “strangling” U.S. corporations. In a Monday op-ed for The Wall Street Journal, Republican presidential candidate Rick Santorum called for the corporate tax rate to be halved from 35 percent to 17.5 percent to “[r]estore America’s competitiveness.” CNBC’s…

Corporations taxed less on U.S. profits than Mitt Romney

Many Americans were shocked last month to learn that Republican presidential candidate Mitt Romney only paid an effective tax rate of 13.8 percent in 2010, but a recent report shows that corporations are paying even less. Corporations in the U.S. paid only an average of 12.1 percent in taxes on…

WSJ reporter compares State of the Union seating to ‘date rape’

Stephen Moore, a reporter for The Wall Street Journal, made a peculiar analogy Monday evening during a televised discussion of the bipartisan seating arrangement at tonight’s State of the Union address. While Fox Business Network’s Andrew Napolitano seemed frustrated by the seating, Moore decided to go in a wholly different…

Taliban ringtones become social camouflage for some in Afghanistan

A new cottage industry has sprung up in Afghanistan: ringtones. But it’s not just any ringtones. According to a report this week by The Wall Street Journal, merchants are loading some of the favorite songs of the Taliban onto phones, which are being used as a form of social camouflage…

Have You Drawn The Wrong Conclusion Today?

The Wall Street Journal, in its eternal attempts to prove to the rest of us that the only proper way to go through life is rich and dumb, has a piece up today which makes the contention that health insurance makes us fat. Americans who have health insurance, either private…

The GOP Budget: Almost To The Point Where We’re Almost There

Rep. Paul Ryan discusses the Republican alternative budget in the Wall Street Journal today, and I must say, it is very close to being something that could serve as the foundation for a series of ideas which could become a budget. It has many of the hallmarks of something which…

Rich people really are different

I’m really having trouble believing this story in the Wall Street Journal. Oh, I believe that they could easily find 191 people with more than $20 million to their name that have extramarital lovers. And I believe that the dive in the stock market means that a lot of the…

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