01/12/2018

The #Oprah2020 Campaign Will Die The Moment Dems Learn Of Her Anti-Tax Sentiments

John Kartch, Americans for Tax Reform

During a January 2011 interview, Oprah Winfrey was asked by Piers Morgan if she feels pain writing checks for over $100,000.

Oprah replied:

The most pain I feel – my accountants will tell you this – every time I write a check to the IRS. It’s a ceremony. They come in – for years they came in with wine – now they come in with tequila.”

Oprah has also spoken out against the Death Tax:

“I think it’s so irritating that once I die, 55 percent of my money goes to the United States government…You know why it’s so irritating? Because you already paid nearly 50 percent when the money was earned.” 

Time to endorse the Tax Cuts and Jobs Act, Oprah?

Read full article



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In Search Of History

4,000 Years Of Price Control

Tablets, said to be 200 years older than the Babylonian Code of Hammurabi ... show that the ancient kingdom of Eshnunna had wage control and price control. The news ought not to have come as a surprise. For the code of Hammurabi itself (unearthed in 1902), which was promulgated earlier than 2000 B.C., fixed prices, wages, interest rates, and fees. This makes price control at least about 4,000 years old. ...

 

Ironically, it is those who now wish to return to this ancient totalitarian device who are fondest of calling themselves “progressives.” They are also fond of saying that those who believe in economic liberty “are living in the nineteenth century.” These controlists have yet to learn that they themselves are still living, as the discoveries in Babylonia attest, in the nineteenth century—B.C.!

-- Henry Hazlitt,

Shadow Stats Snapshot


FreeMarket Central

ShadowStats alternate economic indicators are based on the methodology of noted economist John Williams, specialist in government economic reporting.

  • Unemployment:
    FreeMarket Central BLS: 4.05%
    FreeMarket Central Shadow Stats: 21.5%
  • Inflation:
    FreeMarket Central June Year-to-Year: 2.80% (CPI-U*)
    FreeMarket Central Shadow Stats: 9.9%

*[cpi-u is the Bureau of Labor Statistics inflation rate for all urban consumers]

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