Michael grew up with the Reagan family in Beverly Hills, California, and later nearby Pacific Palisades. One childhood story he has told that introduced him to politics was how at the age of 8, he asked his father for a raise in his allowance. At the time, around 1953, his allowance was $1 a week. Ronald Reagan said that since he was paying 90 percent of his earnings to the federal government as income tax, he was not able to increase Michael's allowance. Mr. Reagan further said that when the president would give him a tax cut, then he could give his son an increase in his allowance. This, according to Michael, was how he was introduced to the subject of tax cuts and how that affected people.
It's also possible probable that Reagan didn't understand the concept of a marginal tax rate anything.
Romney Might Lose This Thing After AllA reliable GOP source sends along the results of a poll conducted in Michigan last night showing Rick Santorum with a lead in the state among Republicans.From the source:Santorum- 33%Romney- 28%Gingrich- 12%Paul- 6%This lends more credence to the theory that Romney will lose the popular night, though may still do well on the delegate front.
Mr. Romney’s Florida trip might have seemed like an odd, if confident, detour from states that will be voting on Tuesday. But Michigan has an ample share of Nascar fans. And the campaign hoped that images of Mr. Romney at the speedway would circulate widely through the Southern states that vote on March 6. But the crowd initially booed Mr. Romney, who occasionally struck a discordant note, as when he approached a group of fans wearing plastic ponchos. “I like those fancy raincoats you bought,” he said. “Really sprung for the big bucks.”
Andrew Breitbart, the conservative firebrand and web publisher, has died, according to his Big Government website.In a brief post, the site said he died at age 43 of natural causes. His death was confirmed to msnbc.com by the Los Angeles Coroner's Office.Breitbart, in addition to publishing a number of websites devoted to repudiating what he saw as the liberal-dominated coverage of politics and culture, once served as an editor for the Drudge Report and helped Arianna Huffington launch the Huffington Post website.
Andrew Breitbart, a Washington Times columnist who oversees Breitbart.com and BigHollywood.com, tapped into the anti-Kennedy vein in the hours after the senator’s death was announced, posting a series of Twitter messages in which he called Kennedy a “villain,” a “duplicitous bastard” and a “prick.”"I'm more than willing to go off decorum to ensure THIS MAN is not beatified,” Breitbart wrote. “Sorry, he destroyed lives. And he knew it."
