Posts Tagged ‘Crony capitalism’
The bipartisan immorality of crony capitalism
A triumph of cynicism
Here’s how the fiscal cliff wrangling looks to me. The government is going to seize (tax) an extra $65 billion a year from successful small business owners earning over $400,000 and redistribute it to politically-connected businesses in the guise of tax breaks. Crony capitalism continues to flourish under the Obama administration.
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