February 14, 2012
Gene “the Machine” Sperling has called for a “global minimum tax” on corporations. Obama’s director of the National Economic Council linked the call to the so-called Buffett Rule, a scheme based on statements made by investor Warren Buffett who said government should confiscate more money from the rich in order to reduce the tax burden on the poor.
Following Sperling’s comments yesterday and heated response in the blogosphere, officialdom [...]
Details are slowly trickling out about Senate Majority Leader Harry Reid’s secret, week-long trip to China with nine other senators. The lawmakers have given out minimal information about their itinerary because of supposed “security concerns.”
Last checked in, the intrepid congressional delegation (or codel) had paused in Hong Kong over the weekend, likely morphing into a shopping delegation (or shopdel).
The next afternoon, to meet their stated [...]
If it’s Passover, it must be Hong Kong. If it’s Easter, it must be Beijing. If it’s spring break, it must be a week-long jaunt by a large Senate delegation to China, led by Majority Leader Harry Reid (D-Nev.).
Ten senators, coming off a tough legislative session, plus spouses, staffers and military escorts, landed in the Middle Kingdom on Monday to begin a fine tour to [...]