Obama’s Silly Rule

President Barack Obama is making his reelection about raising the taxes of an Omaha billionaire who is volunteering for the honor.

The so-called Buffett Rule to make millionaires and billionaires pay at least 30 percent in taxes is such an obvious exercise in poll-driven populism, it should come with cross-tabs attached. It shows that as an economist, David Axelrod is a hell of a political consultant. It is a non-solution to a non-problem, the intellectual basis of which is a badly distorted anecdote repeated over and over.

Keep reading this post . . .