Home >> Tag Archives: taxes

Tag Archives: taxes

You can trust us, we’re the government!

ObamaLies

At this point, it’s nothing but distractions. Trump is immoral, Rubio sold his home to a lobbyist, and Cruz is not a citizen. They’ve got us chasing our tails like a cat chases a red laser dot on the wall! Our government keeps telling us they have our best interests at heart, can do what’s best for us, and can ...

Read More »

Obama to add $10 per barrel oil tax

oil-field-services

President Obama is determined to wound the American economy further by putting an additional tax on oil. The White House announced Thursday that Obama will propose a $10 tax on each barrel of crude oil produced. At current prices, that represents a 33% increase in the raw material needed to make gasoline, diesel, fertilizer, heating oil, liquefied petroleum gas, plastics, rubber and ...

Read More »

Redistribution of Wealth is Killing the American Dream; Unfair Government Policies and What Needs to Be Done

american-flag-at-night

A recent CNN poll says 59% of Americans think the American Dream is unachievable and 63% of us believe our children will not be as well off as we are. It used to be that if you worked hard you kept most of what you earned and could pass whatever you had to your children to give them a leg ...

Read More »

Does Modern Populism Have an Answer to Modern Political Problems?

For many efficaciously disillusioned Americans, populism is the sole redeeming hope on which hangs a return to political virtue. Yet, modern populists, both left and right, have a spotty record of success. True, the Tea Party and anti-Wall Street, class warfare leftists have seen electoral success in the last couple of elections. However, after assuming power, they have done little. ...

Read More »

Squirelly Taxes

Squirrely-Taxes-600-AEA

At the end of May, funding for the Highway Trust Fund expires. It will be facing a budget shortfall at that time. Congress is considering increasing the gasoline tax that funds it. Perhaps spending it only on highways would be a better answer.

Read More »

“Everything Seems Upside Down!”

Friedrich_Hayek_portrait

A friend lamented to me recently, “The whole world seems upside down. What should be considered bad is now good, and vice versa.” He went on to detail how laws of economics are violated domestically, expecting an outcome different than the natural law of cause and effect would dictate. I concurred with him, and found myself reflecting on some of ...

Read More »

Something Wicked This Way Comes

swtwc

As we approach the dreaded tax filing deadline of April 15th, many Americans are ill-prepared for the news they are going to receive from their tax preparers or tax preparation software. Between three and six million people are going to be affected by penalties, an “Individual Shared Responsibility Payment,” associated with the Affordable Care Act. And most of those affected ...

Read More »

The Danger of Granting Lerner Immunity

The House Oversight & Government Reform Committee has voted to advance a Contempt of Congress charge against Lois Lerner, the former Director of the IRS Exempt Organizations Division. The vote was 21 to 12, brought about by Ms. Lerner’s refusal to provide information about the IRS’s targeting of Conservative advocacy groups vying for 501c3 tax-exempt status, especially during the period ...

Read More »

Roberts Rules Again…Poorly

Now comes news that Supreme Court Chief Justice John Roberts has doubled down on his middle finger to the American citizenry by turning away – without comment, which the SCOTUS gets to do – an emergency stay request, filed by the Association of American Physicians & Surgeons and the Alliance for Natural Health USA, to block the implementation of Obamacare. ...

Read More »

American Capitalism & The Illusion of Laissez Faire

To draw from an opening phrase, in the beginning, there was capitalism. More accurately, at the beginning of our Constitutional Republic, government was committed to limiting – drastically – it’s footprint in the new American marketplace. Americans were free from the tyranny of government interference leveled at the former colonists at the hand of King George III. Our Founders and ...

Read More »

House GOP Has Nothing to Offer Conservatives

Here’s the situation: You’re in a high–stakes negotiation with an untrustworthy opponent. The opposition has violated every agreement the two of you have made in the past. Enforcement mechanisms are weak or non–existent. In other areas of mutual interest your opponent regularly violates the law and dares you to do something about the violation. Your weak and vacillating leadership can’t ...

Read More »

How Obamacare Screws the Working Class…Hard

Now that it is becoming clear that the establishment House Republicans are about to capitulate to the Senate Democrats and Obama Progressives, it is clear that, short of Republicans taking the Senate in 2014 and the White House in 2016, Obamacare is set to sink into the flesh of the American entitlement system not unlike a bear’s claws sink into ...

Read More »

Skin In The Game

Dear Leader Barack Hussein Obama, in January 2009, told George Stephanopoulos on ABC’s This Week, “Everybody’s going to have to have some skin in the game.” What does that phrase mean? Well, my first stop was Investopedia.com , which says “… the best vote of confidence is putting one’s own money on the line just like outside investors!” I then ...

Read More »

The Flat Tax fantasy

fairtax

In the wake of the recent IRS scandal, some well-intentioned but badly misguided people have begun touting the flat income tax (called the flat tax for shorthand) as a replacement for the current tax code. They claim it would be an antidote to the IRS’s abuses and curb that agency’s powers while also supercharging America’s economy. But they are dead ...

Read More »