Cindy McCain Pays Back Taxes on San Diego Condo | Newsweek Periscope

ENERGY
Put Green Cars On the Highway
Jennifer M. Granholm 12/31/2008 12:00:00 AM
Imagine it's 6 p.m. and you have just arrived home from work in your U.S.-made hybrid electric vehicle. You plug it into the outlet in your garage to charge it overnight. One charge takes you, on average, 50 miles, so you used no gasoline today— a great relief, since gas is now $5.75 per gallon. In fact, since you charge the car's battery at night when the demand for energy is less, your per-mile cost to operate your car is a pittance compared with what it cost to operate your old gasoline-powered car.
FACTCHECK.ORG
Our Disinformed Electorate
12/13/2008 12:00:00 AM
More than half of U.S. adults (52 percent) said the claim that Sen. Barack Obama's tax plan would raise taxes on most small businesses is truthful, when in fact only a small percentage would see any increase.
FACTCHECK.ORG
Peach State Piffle
Lori Robertson 11/21/2008 12:00:00 AM
* Chambliss claims in an ad that Martin would work to raise taxes on "nearly every small business in Georgia." In fact, only around 2.4 percent of small businesses nationally earn enough to be affected by the tax plan Martin favors.
CHAPTER 5
Center Stage
Evan Thomas 11/6/2008 12:00:00 AM
In midsummer, the Obama campaign's computers were attacked by a virus. The campaign's tech experts spotted it and took standard precautions, such as putting in a firewall. At first, the campaign figured it was a routine "phishing" attack, using common methods. Or so it seemed. In fact, the campaign had been the target of sophisticated foreign cyber-espionage.
GLOBAL INVESTOR
The Case For Lower Taxes
Holger Schmieding 11/1/2008 12:00:00 AM
In normal downturns, it's usually a bad idea for governments to react aggressively, with either big increases in spending or blanket tax cuts. Better to leave the response to central banks. By lowering the cost of credit, central banks can fight falling demand for goods and services better and faster than parliaments and finance ministries, with their laborious decisions on how much to tax and spend.
THE BIG IDEA
Spread The Wealth? What’s New?
Jacob Weisberg 11/1/2008 12:00:00 AM
In the last lap of his campaign, John McCain is claiming that Barack Obama "believes in redistributing wealth." The problem with this charge is not that it's untrue. It's that McCain—along with most of his supporters—favors redistribution, too. Government redistributes wealth to some extent by its very existence, since it's impractical for citizens to pay for or benefit from it in equal proportion, even if that were desirable. So long as you have a system of taxation and spending on public goods like education and roads, some people will do better out of the bargain than others. The real questions are whether public policy consciously tries to affect the distribution of wealth, and how much it tries to change it and in what direction.