End of the Road for the Tax? errr, Penalty? errr,Tax? errr, Penalty?

Quote of the Day for Monday, December 13th, 2010: Judge Henry E. Hudson, from page 38 of his ruling today invalidating ObamaCare’s "individual purchase mandate" provision: On careful review, this Court must conclude that Section 1502 of the Patient Prevention Affordable Care Act–specifically the Minimum Coverage Provision–exceeds the constitutional boundaries of congressional power. While a provision mandating that its subjects purchase healthcare “insurance” does represent an egregious accretion of state power, and a large nail in the ...

“I’m sure the panel did what it was asked to do, but it was asked to do the wrong thing.”

Quote of the Day for Friday, Dec. 3rd, 2010: J.E. Dyer, posting in the Green Room over at HotAir (cross-posted here), on the misplaced priorities of the Presidential Debt Commission, in an article titled: Debt Reduction Versus Government Reduction: Members of the public who object to the proposed measures will be denigrated as whining and irresponsible. Some of them probably are. But that’s not the point. The point is that, in the debt-reduction panel’s plan, gouging American households to pay down the debt is being done instead of reducing the size of ...

Waiting for Permission to Do Good?

So, the uber-wealthy Warren Buffett is complaining again that he pays too little in taxes: “I think that people at the high end, people like myself, should be paying a lot more in taxes; we have it better than we’ve ever had it.” http://www.youtube.com/v/tubgMAh5s74?hl=en&hd=1<\/embed><\/object><\/div>";" alt="" data-recalc-dims="1"/> Buffett on ABC’s This Week with Christiane Amanpour The duplicity in all this is just staggering. As a commenter at HotAir noted, Warren Buffett makes a significant amount of money sell...