Formulating Policy on Fairy Tales

The Obama Administration may have thought itself quite clever to label its call for a huge tax hike, the Buffet Rule. However, even some in their usual media hallelujah chorus are choking on the phony premise behind the label. With his admonition that secretaries should not be taxed at a higher rate than their much better compensated bosses, Warren Buffet has crafted a whole new liberal myth of victimology.  Eager to exploit victimization claims of any kind, regardless of their actual validity, the White House is holding up the Buffet Rule as a shield against criticism in its newest campaign of class warfare.  And it does make a great sound bite as well.  After all, who can argue with the concept that middle-class families shouldn't pay higher taxes than millionaires and billionaires?'s not true says no other than a member of that aforementioned hallelujah chorus, the Associated Press. I won't go into all the numbers here but you can read them for yourselves...(Read Full Post)