Obama’s Understanding of Taxation, Captured by a Cartoon

I’ve already posted on Obama’s class-warfare approach to tax policy, and I’ve also posted about the pitfalls of a tax system that exempts 50 percent of the population. Well, here’s a cartoon that cleverly combines both themes.

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The Government Fraud Racket

With politicians like Barack Obama demanding higher taxes, this is a good moment to ask what we’re getting in exchange for the buckets of money we send to a federal overlords in Washington. The answer is disappointing, but not surprising. We get lots of waste, fraud and abuse. Here’s an excerpt from Lurita Doan’s new [...]

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