Flat tax, illegal immigration, Jay Leno? - CAII

*Note to this post from Blandly Urbane. Many months back when there was an uproar regarding the excessive profits made by the oil companies, politicians were aghast, offended and villified them. The big oil companies profit roughly 7 to 9 cents per gallon; the federal government profits roughly 18 cents for that same gallon through taxes. Are our politicians really going to do anything about taxes or illegal aliens to our benefit?

Cross posted from Wide White

When I saw that financial guru Jim Cramer was going to be on Leno, I decided to watch it. The guy is eclectic, but he seems pretty smart about finances. (That's coming from someone who really isn't into the stock market at all.)

Jay Leno has asked two really good questions.1. "Why don't we just go to a flat tax and simplify everything?"

While he mentioned the flat tax and not the FairTax, the bottom line is reform. Most people (probably including Jay Leno) don't understand the difference. So, I'll give Leno a pass on that one.

Cramer agreed that it's high time for a change.

2. "Is illegal immigration good or bad for the economy?"

Cramer said it's good, since stocks go up.

Leno then challenged him, asking him, "But doesn't that only benefit the rich? What about the rest of America?"

But this was Leno's best quote.

"I don't buy the idea that there are jobs that Americans won't take."

He approached the social aspect of immigration more than the legality, but at least he came down on the right side. Besides, his guest was there to talk about economics.

I've been told Leno is a Republican. Hmm...must be an economic conservative, 'cause he's certainly not a social conservative!

We'll get Leno squared away on the FairTax eventually. But for now, it's good to see him standing up on immigration.

**This was a production of The Coalition Against Illegal Immigration (CAII) . If you would like to participate, please go to the above link to learn more. Afterwards, email CAII and let them know at what level you would like to participate.

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