Walter E. Williams is an American economist, commentator, and academic. He is the John M. Olin Distinguished Professor of Economics at George Mason University, as well as a syndicated columnist and author known for his libertarian conservative views. His writings frequently appear on Townhall.com, WND, Jewish World Review, and hundreds of newspapers throughout the United States.
In describing the GOP tax cuts, House Minority Leader Nancy Pelosi said that they and bonuses American workers were getting were “crumbs.” They were “tax cuts for the rich.” Some argued that the tax cuts would reduce revenues. Pelosi predicted, “This thing will explode the deficit.” How about some tax facts? The argument that tax cuts reduce federal revenues can be disposed of quite easily. According to the Congressional Budget Office, revenues from federal income
Thirteen states — Alabama, Arkansas, Florida, Georgia, Indiana, Louisiana, Mississippi, New York, North Carolina, South Carolina, Tennessee, Virginia and West Virginia — have enacted laws to combat what is seen as price gouging in the wake of natural disasters. Price gouging is legally defined as charging 10 to 25 percent more for something than you charged for it during the month before an emergency. Sellers convicted of price gouging face prison terms and fines. Price
Democrats are hoping the coming election will give them a majority in the House of Representatives. Republicans and much of our nation dread that prospect. My question is: What would a House majority mean for the Democrats? Let’s look at it. To control the House of Representatives, Democrats must win at least 218 seats, which many predict as being likely. To control the Senate, Democrats must win enough seats to get to 51, which many