What’s your number? You know, your tax rate for federal income tax purposes? I know, you’re thinking 20%, 30%, maybe even 35%. Far higher than Mitt Romney, right? You probably pay much less than you think. Most people think of their marginal tax rates when you ask them what they pay in tax. A marginal…
Ben Stein may be known best by my generation knows as the best as the economics teacher in the movie Ferris Bueller’s Day Off (“Bueller…. Bueller….?). But he is also an attorney, former presidential speechwriter (for Nixon and Ford) and regular newspaper columnist for the New York Times. Stein’s political beliefs generally tilt towards the…
Apparently, Senator McCain has decided that the infamous “no new taxes” strategy that helped George H. W. Bush secure the White House in 1988 is worth emulating. He uttered the same phrase on ABC’s This Week. Unfortunately for Bush, he was forced to renege on his campaign pledge during his first term. The result? It…