Government is the Cause of Income Inequality, Not the Cure – Part II

by admin on February 5, 2014 with 0 comment

View as PDF Democrats continue to use “income inequality” as an effective wedge issue, according to Jim Tobin, noted Chicago economist and President of Taxpayer Education Foundation (TEF). “Actually, it is federal and state, and local governments that transfer wealth from average taxpayers to the wealthy, to politicians’ pet projects, and to favored labor unions …

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9/11 Not the Only “Surprise” Attack on U.S.

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9/11 Not the Only “Surprise” Attack on U.S.

by admin on September 7, 2011 with 0 comment

As the 10th anniversary draws near of the “surprise” attack on the Twin Towers in New York City, one should not forget that December 7, 2011, marks the 70th anniversary of the Japanese attack on our naval base at Pearl Harbor, Hawaii. This attack drew the U.S. into World War II and when it was …

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90% Toll Tax Hike Plan Would Fund Political Payoffs

by admin on August 9, 2011 with 0 comment

Click here to view this ITEF Comment as a PDF. CHICAGO— The Illinois State Toll Highway Authority has always been a notorious patronage machine. To listen to Tollway lackeys now, today’s Authority is something out of a fairy tale—an upstanding group of public servants to whom we shouldn’t hesitate to give $12.1 billion in toll …

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Phony Debt-Limit Deal Only Made Things Worse

by admin on August 3, 2011 with 0 comment

Click here to view this ITEF Comment as a PDF. CHICAGO–The phony federal-debt-limit deal put together by Democrats and Republicans has fooled no one and has actually made matters worse, according to economist Jim Tobin, President of Taxpayers United of America (TUA). “You can’t fool the markets. On Wednesday, the Standard and Poor’s 500 hit …

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Inflation Forecast Forewarns of Perilous Devaluation of Assets

by admin on June 23, 2011 with 1 comment

Click here to view this ITEF Comment as a PDF. By Dennis Constant In 1971, President Nixon imposed wage and price controls. Inflation was 4%. According to The Econ Review, “By the prevailing historical standards, such inflation rates were thought to be completely intolerable.” The Nixonian measures were not successful. “The wage and price controls …

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