Many conservative critics of Obama's tax plan, including yours truly, have objected that Obama has characterized as tax cuts what really amount to subsidies for non-taxpayers. But a few free-market types, most notably Ramesh Ponnuru and Dave Weigel, have pushed back against this. They both point out, correctly, that McCain also supports refundable tax credits in some instances -- that is, the extension of tax benefits to people with little or no income tax liability. Ponnuru also observes that most of these workers do pay payroll taxes even if they don't pay income taxes,
The GOP's focus must be on spending.
Fiscal insanity never had it so good.
"The fatal arithmetic of imperial decline."
GAO tells it like it is.
Federal debt as far as the eye can see -- and for as long as anyone can see.
Pretty funny, but what about the Debt Tsunami?
How else will the Obama plan meet its goal of total social and economic transformation?
"Consumer confidence" won't fix the capital shortage.
How Barack Obama will shortchange the Social Security system.