At the Potsdam conference with Harry Truman and Josef Stalin, Winston Churchill learned that the voters of the nation he had led for five years through World War II had just voted to throw him out of office. “It may well be a blessing in disguise,” said his wife Clementine. …
When Socialist President Francois Hollande took office, he swiftly made good on his pledge to raise the top tax rate on Frenchmen who earn a million euros a year — to 75 percent. The regime would now confiscate three of four dollars that the most successful Frenchmen earned. Paris also …
“God put the Republican Party on earth to cut taxes. If they don’t do that, they have no useful function.” Columnist Robert Novak was speaking of the party that embraced the revolution of Ronald Reagan, who had hung a portrait of Calvin Coolidge in his Cabinet Room and set about …
Given the expectations raised by the Republican punditocracy — that Mitt was headed for a big victory — the jolt of defeat hit especially hard. Now, what had seemed an orderly retreat has taken on the aspect of a rout, with Beltway Republicans calling for abandonment of fixed positions all …
Treasury Secretary Tim Geithner’s opening bid to Speaker John Boehner, a demand for $1.6 trillion in new taxes, was not meant as a serious offer. It was an ultimatum couched in an insult. Translation: “We won the election. We have the whip hand. Not only are you going to sign …
Were the average Republican asked for a succinct statement of his views on taxation, he or she might respond thus: “U.S. tax rates are too high for the world we must compete in. The tax burden — federal, state, local, together — is too heavy. We need to cut tax …
“What the president’s campaign did was focus on certain members of his base coalition, give them extraordinary financial gifts from the government and then work very aggressively to turn them out to vote, and that strategy worked.” Thus did political analyst Mitt Romney identify the cause of his defeat in …
“Are the good times really over for good?” asked Merle Haggard in his 1982 lament. Then, the good times weren’t over. In fact, they were coming back, with the Reagan recovery, the renewal of the American spirit and the end of a Cold War that had consumed so much of …
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