Defending the Judeo-Christian Ethic, Limited Government, & the American Constitution
Monday July 28th 2014

Self-Educated Man

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Federalist 58 by James Madison. 1. Under the proposed Constitution whose interests were represented by the U.S. Senate? Is it so today? If not, how might it be remedied & by what means? 2. How did the Constitution provide for updating representation in Congress? 3. Madison credits the U.S Constitution with assigning the greatest power, that of the “purse strings” to the U.S. House. In your opinion, how might the House assert that power to reduce the size & cost of government today? 4. Explain in your own words Madison’s warning against too many men serving in the House. How might his warning be applied today as calls abound for a more direct democracy & for scrapping the electoral college system? 5. Is democracy the form of government our Founders gave us or was it a republican form? Explain the difference.


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Newstex - No. 1 Rated Authoritative Content

Obama Pushing ‘Buffett Rule’ as Fairness Issue

Obama defends socialism as "fairness."

JON E. DOUGHERTY, NEWSROOM AMERICA

President Obama on Tuesday will make a new pitch for the so-called “Buffett Rule,” backing up a White House report that says making the rich pay a 30-percent tax rate is more “a basic issue of tax fairness” than a way to generate more cash for a debt-ridden government.

Obama, during a campaign stop in Florida, is reviving an earlier theme regarding taxes ahead of an expected vote in the Senate next week regarding the rule. The president has made it a key element of his plan to reduce the deficit, CBS News reported.

The proposal also plays to Obama’s reelection strategy. If Republicans move to block the proposal, as expected, he will likely try to portray them as defenders of an unfair tax policy that favors the wealthy.

GOP leaders have consistently criticized the president’s strategy as little more than class warfare, and have argued that taxes on all levels of income should be lower as the government moves reduces its expenditures.

On Monday, the administration conceded that the amount of revenue the Buffett Rule would raise was only $47 billion over 10 years, or about 0.65 percent of $7 trillion worth of anticipated spending during the same time.

Still, White House officials moved to defend the proposal.

“We think it’s a meaningful amount of money,” Jason Furman, principal deputy director of the National Economic Council at the White House, said. More important to Obama, he said, was that the proposal was “a basic principle of tax fairness.”

“The situation is the result of decades of the tax system being tilted in favor of high-income households at the expense of the middle class,” the White House report noted, adding that the average tax rate paid by the very highest-income Americans has fallen to nearly the lowest rate in over 50 years.

Republicans argue that, according to IRS data, the richest Americans already pay the lion’s share of federal income taxes, and that Obama’s tax policies aim to punish successful Americans.


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