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Tag Archives: taxation

What Don’t Liberals Understand About Prosperity And Taxation? Plenty!

The kerfuffle several months ago about Burger King moving its headquarters to Canada in order to avoid the astronomical taxation rate in the U.S. illuminated the mental attitude of liberals.  Instead of understanding that businesses voluntarily established themselves in, or relocated to, the United States during the 20th century when taxes were low and prosperity was the norm, thereby correctly ...

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Yes, budget cuts can help the economy

The left tells us that there is no way to keep the economy going if federal spending is reduced – they are wrong. On a simplistic and illogical level sure, taking any money out of the economy might shrink it, but that is the same short-term thinking that has led to a non-recovery from the prior recession, lackluster employment and ...

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Healthcare ‘Tax’ Constitutional?- The Founders Might Say Otherwise

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In today’s completely stunning decision, the Supreme Court upheld the constitutionality of the Affordable Care Act’s individual mandate. Chief Justice Roberts joined the liberal justices, creating a 5-4 majority that declared the individual mandate  a ‘tax’ and therefore constitutional. Unbelievable though it may be, because of Chief Justice Roberts, the federal government can now essentially force you to do whatever ...

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Harry Reid: Increase Taxes to Reduce Them?

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As the debt limit fight comes to a head, Democrat Senate Majority Leader Harry Reid seems confused – he is requiring tax increases in order to discuss tax cuts. The CBO reported to Congress that if they allow the Bush tax cuts to expire and implement the defense cuts resulting from the Reid’s failure to negotiate on spending, the economy ...

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Taxing the Sunlight

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An ever growing government must by necessity grow in expanding its revenue (called taxing to the uninformed) and therefore can be very creative in methods for taxing and names for said taxes. Since the phrase “cut spending” is not found in any dictionary or book owned by politicians, the only recourse is to increase revenue. Government makes Robin Hood look ...

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The “Personal Energy Subsidy” No One Talks About

Members of Congress have recently been embroiled in a battle to stop what many have termed "Big Oil Company Subsidies." These government-sponsored subsidies come in many forms, such as corporate tax breaks and common expense tax write-offs for depletion allowances for equipment costs.

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Tilting at Giants

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Just like a modern-day Don Quixote, President Barack Obama is traversing his presidency tilting his lance at imaginary foes – the successful, corporations, private property and liberty. Unfortunately, his efforts are much more dangerous than Quixote’s ineffective attacks on windmills. Don Quixote: Dost not see? A monstrous giant of infamous repute whom I intend to encounter. Sancho Panza: It’s a ...

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The FairTax Series: America's Road To Prosperity Part 2

In this installment of the FairTax series I want to cover the cost of compliance and enforcement with today’s tax codes. Before I go into the complexities of compliance and enforcement I want to spend a few minutes dispelling the favorite myth of the anti-FairTax crowd. One of the things that put me off the FairTax at first was the ...

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The FairTax Series: America's Road To Prosperity, Part 1

This is the first of a 5 part series I am writing based on the book “The FAIRTAX: The Truth”. In the series I take a 300+ page book and condense it down to a virtual “cliff notes” version designed for the novice political reader. I designed the series for those who are not very knowledgeable about politics or the ...

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Throw the Donkey a Bone

I may actually agree with the left on the need for increased revenues. We just differ on how to go about it, why it should happen and on whom should taxes be raised. Liberals are throwing every bit of class-warfare, eat-the-rich, anti-success hate speech out that they can to get Americans to buy into the idea that it’s those best ...

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Revolution

This past spring we witnessed the flames of revolution across the face of the Arab nations. Old leaders were thrown out and new leaders are taking over. But who are these new leaders and what is their intent? Some believe that the Muslim Brotherhood, a radical group, will be organizing and winning elections in those countries where elections will be ...

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Gang of Six Plan .. or Not [Full Text]

Senator Tom Coburn rejoined the deficit panel known as the “Gang of Six” just in time to help sell a non-balancing, non-binding piece of not legislation that the President pointed to as a possible solution to the budget crisis. The proposal is not legislation. It’s a set of guidelines for Congressional committees to then take back and come up with ...

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What if Corporations Paid No Taxes?

The United States is home to the second highest corporate taxes in the world. In 2009 many other countries decided to cut their corporate tax rates in order to foster more hiring and economic growth. According to the Organization for Economic Coordination and Development, the United State’s Corporate tax rate is more than 50% higher than the next highest – ...

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What’s wrong With the Rich

The rich are the least understood minority.  That fact lends them to be vilified by the very politicians at the root of our serious economic problems. The facts are: The rich take risks with their money.  When they invest their expendable income, they are risking the loss of that income.  Often the rich loose a great deal of money in failed ...

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