Tag Archives

Archive of posts published in the tag: Taxes

An Obsession with Fairness

Suppose you had no job and no investments.   All of your assets existed in your checking account.  The only tax you paid was a six per cent sales tax.  A friend of yours has a job and pays 25% income…

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Growth, Not Taxes, Will Increase Revenues

Any business that has survived the past few years knows something about balancing a budget. When the depth of the recession hit in 2009 and in many cases, especially the construction industries, sales volume dropped 50% or more there was…

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The Private Jet Sham

With corporate jets becoming the intentional focus on the class warfare debate, and being used as an example of a glaring need to raise taxes, it may be clarifying to examine exactly what they are talking about. Commercial air carriers…

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Leadership Without Brains or Balls

Tom Coburn of Oklahoma, Mike Crapo of Idaho, and Saxby Chambliss of Georgia are proposing an automatic tax increase with spending cuts if deficit reductions do not materialize.  This is government without either brains or balls.  Unable to reach any…

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How Your Feet Make Your Vote Count

According to the most recent census Texas will gain four seats, and Florida will gain two seats.  New York and Ohio will lose two seats. Arizona, Georgia, Nevada, South Carolina, Utah and Washington will each pick up a seat.  Illinois,…

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The Class Warfare Dilemma

Randall Hoven writes in American Thinker, Class Warriors Got What They Wished For that the Class Warriors have created a great contradiction;  they wish both for a more progressive tax system and for less income disparity or fewer wealthy. Yet…

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An Interest Rate Conundrum

Historically we have believed lower interest rates will stimulate the economy, yet we now have record low interest rates and economic growth is very weak while unemployment remains very high. Part of the reason is that the expected effects of…

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Changing Parties is Not Enough

from my article in American Thinker We need more than a change in parties 6/25/10 excerpt We need to do more than just reduce taxes on business. We need to create some comfort and consistency that they will remain low. …

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A Stimulus that Would Actually Work

Economist Arthur Laffer  in his Wall Street Journal article, Unemployment Benefits Aren’t Stimulus,  notes how much better off we would be if the government had tried a different stimulus. Any government program that would reduce unemployment has to make working…

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Who are the Independents?

In the wake of the elections  of November 3, 2008 we noted the dramatic swing of the independent voter.  Who are these voters and why do they refuse to ally themselves with one of the two major parties?  I confess…

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Calvin Coolidge Explains the Laffer Curve

The Laffer Curve is considered by its opponents to be a form of ‘voodoo economics’, to use the phrase coined by George H. Bush when he ran against Ronald Reagan before becoming his vice president.  But the Laffer Curve is…

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Healthcare 1099s

Buried in the 2000+ pages of the health care bill is provision that a phrase will be added into another law. The meaning of that phrase would escape any reviewer of the health care bill unless they researched the bill…

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People vs Categories

From Thomas Sowell’s Intellectuals and Society “Although such discussions have been phrased in terms of people, the actual empirical evidence cited has been about what has been happening over time to statistical categories – and that turns out to be…

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Post Partisan Politics

The Senate election in Massachusetts may signal much more that dissatisfaction with the current administration; it may signal and end to partisan politics as we have known it. Given the euphoria and high expectations at Obama’s election in the midst…

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Should Rangel Resign?

It is not uncommon for anyone to omit something from his tax return or financial disclosures and find the need to file an amended return or statement.  It is another thing to omit numerous significant entities that could affect your…

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Are We Progressive Enough Yet?

The percentage of taxes paid by the top 1% now exceeds the percentage paid by the bottom 95%. This increase in progressiveness happened under  George Bush. The top 1% are made of 1.4 million taxpayers and pay 40.4% of all…

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