Taxes

"Good Morning America" on Monday featured liberal New York Times columnist Tom Friedman as an energy expert to "fact check" John McCain's policies on the subject and advocate for higher taxes. GMA co-host Diane Sawyer never referred to Friedman's economic policies as liberal, despite the fact that he repeatedly made assertions such as this: "But, you know, there's really no effective plan to make…

On Sunday’s Face the Nation on CBS, host Bob Schieffer interviewed Republican presidential candidate John McCain and wondered why Americans weren’t sacrificing more during a time of war: "But we have one half of one percent of the American people who are making all of the sacrifice in this war. If the rest of us didn't watch television or looked at the newspaper, we might not know there's a war…

Minutes after Republican vice-presidential pick Sarah Palin finished her speech on Wednesday night, CNN’s Roland Martin and Jeffrey Toobin went on the offensive against the Alaska governor. Co-host Anderson Cooper first asked Martin for his reaction. He first stated that "she gave a solid speech" and then focused on Palin’s dig at Barack Obama being a community organizer in Chicago: "...[S]he…

If you put controversial left-wing filmmaker Michael Moore and MSNBC "Countdown" anchor Keith Olbermann in the same setting - there's bound to be some sort of lunatic remark made. Their latest get-together, neither failed to disappoint. On the August 29 broadcast of "Countdown," Moore told viewers how Hurricane Gustav, a storm with the potential to be catastrophic, reaffirmed his faith in God…

CNBC "Mad Money" host Jim Cramer had been on a streak of demonstrating positive free-market behavior. He had criticized the government's handling of Freddie Mac and Fannie Mae. He even gave the media grief for overanalyzing the oil market fluctuations. But on the August 27 "Mad Money," Cramer bucked his that trend and called for higher taxes for top income earners. On his "Mad Mail" segment, a n…

Former New York City Mayor and Republican presidential candidate Rudy Giuliani was interviewed on Wednesday's "American Morning" by co-host Kiran Chetry about Senator Hillary Clinton's Tuesday night speech to the Democratic National Convention. After Giuliani argued that Clinton never answered the "big question" surrounding Senator Barack Obama of whether he is ready to be Commander-in-Chief,…

Reuters thinks that tax breaks and loopholes "costs" government its tax receipts. This is a perfect example of class hatred ginned up by the media to further class warfare between Americans. The absolute truth is that if people use the tax code to limit their tax burden they are not costing the government anything, but are using legal means to avoid a higher tax burden. Further, our money is NOT…

It seems like a no-brainer: Raising taxes is bad. It's a shame that Barron's is one of the few outlets to pick up on it. An economic plan floated out by Democratic presidential hopeful Sen. Barack Obama, Ill., would raise taxes on incomes above $250,000 - with the highest rate at 39.6 percent - and redistribute the wealth to the poor and middle-class. But that would be a big mistake, according…

Everybody see the Saddleback Civil Forum last Saturday night? Well, we all know the candidates went separate for their interviews with Pastor Rick Warren. And even better, Pastor Warren asked them identical questions. But, we didn't really get a good comparison of answers to the same question because we had to wait 45 more minutes after Obama's answer to hear McCain's answer. Well, here's some…

If Barack Obama is looking for an elder statesman with national security credentials as his running mate, my two cents say he should pick Sam Nunn. The conventional wisdom, though, has Obama leaning toward Joe Biden.  If the senior senator from Delaware is indeed tapped, we can expect that mere milliseconds will elapse before some MSM outlet labels Biden a "moderate" or a "centrist."  We thought…

A former New York Times investigative journalist who wrote primarily on business and taxation will soon be speaking at a "progressive" gathering. Further, in his inaugural column at a post-Times gig, he misrepresented the nature of the 1980 and 2000 tax-cut proposals by the Republican presidential candidates. Finally, in another post-Times tax column, he used vitriolic class warfare-based…

Perhaps the media's Obama lovefest isn't as infectious as previously thought - at least in some corners of the financial media. For the second day in a row CNBC's Michelle Caruso-Cabrera noted low taxes - a conservative economic ideal - trumps those of the left, both economically and politically. Caruso-Cabrera and "Squawk Box" co-anchor Joe Kernan interviewed Douglas Holtz-Eakin, the chief…

It's not often someone in the media challenges the liberal point-of-view - especially on the issue of taxes when they become a means to redistribute income. CNBC "Squawk Box" fill-in co-host Michelle Caruso-Cabrera wasn't afraid to buck the trend and challenge Democratic presidential nominee Sen. Barack Obama's senior economic adviser Austan Goolsbee. Goolsbee appeared on the August 14 "Squawk…