December 8, 2012

Phineas Fahrquar:

Lord Monckton is my hero.

Originally posted on Watts Up With That?:

UPDATE: The Russian TV channel “RT” aka “TV-Novosti” blames Monckton for the failure of COP18 to fail to reach an agreement:

The 18th Climate Change Summit in Doha is drawing to an end after once again failing to find common consensus on what it calls a major threat to human existence. Failure seemed inevitable after climate skeptic Lord Monckton crashed the event.

LOL! Source here

From Christopher Monckton of Brenchley in Doha, Qatar

I have been a bad boy. At the U.N. climate conference in Doha, I addressed a plenary session of national negotiating delegates though only accredited as an observer.

One just couldn’t resist. There they all were, earnestly outbidding each other to demand that the West should keep them in pampered luxury for the rest of their indolent lives, and all on the pretext of preventing global warming that has now become embarrassingly notorious for its long absence.

No…

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December 8, 2012

Phineas Fahrquar:

And it’s not just “breaking the law”-type corruption: high tax rates encourage people and corporations to seek loopholes and special privileges written into the code that the rest of us have no access to. Better to have lower, flatter rates with no incentive to rig the system.

Originally posted on International Liberty:

I’ve been very critical of Obama’s class-warfare ideology because it leads to bad fiscal policy. But perhaps it is time to give some attention to other arguments against high tax rates.

Robert Samuelson, a columnist for the Washington Post, has a very important insight about tax rates and sleaze in Washington.

His column is mostly about Obama’s anti-tax reform agenda, but it includes this very important passage.

…many politicians support tax breaks for favored groups (the elderly, the poor, small business) and causes (homeownership, attending college, “green” industries). This enhances their power. The man who really pronounced the death sentence for the Tax Reform Act of 1986 was Bill Clinton, who increased the top rate to 39.6 percent rather than broadening the base. As the top rate rose, so did the value of generating new tax breaks. Ironically, many of the people who complain the loudest about Washington influence-peddling and…

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