According to the Wall Street Journal, federal spending in 2009 will account for 28% of the economy while deficits mount. (No one dares to predict how high the percentage will be after more Obama changes take effect.) WSJ claims that fact is behind the highly unpopular edict that employees pay taxes on 25% of their business phones because of personal use. What’s next? Taxes on personal time in the wash room?
The bright spot, according to the editorial, is the possibility that this will incite rebellion against all the hope and change they’re giving Americans.
The EU's New Methods of Protectionism
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Photo Credit:
Derek Bennett
By Thomas Kolbe
The demand for free trade sounds rather hollow when one side cheats with
export subsidies, artificially de...
1 day ago
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