Or at least that’s what this NRO blog entry should be called.
You see, Stephen Spruiell is confused that Obama’s budget closes the loophole allowing Hedge Funds to pay a lower tax rate. Why is he confused? Because one of Obama’s main sources for campaign contributions came from individuals who work for Hedge Fund companies.
I mean, why would a President ignore special interests and actually,gasp, do the right thing? And why would people be willing to pay their fair share in taxes so that, gasp, those less fortunate could be afforded opportunities to succeed?
Truly foreign concepts to conservatives, indeed.