Tax Politics
The Politics of Taxes
Bob Beckel Should Go to Jail
During Bob Beckel’s recent appearance on “Cashin In”, Bob stated that "Wall Street investment bankers should be in jail because they nearly threw this country into depression". This statement is quite ridiculous. Since when is the economic cycle grounds for throwing...
Obama and the Problem of Tax Transition Rules
The extensive, substantive, and expensive Obamacare changes being made now on a regular basis by President Obama certainly appear to be an unconstitutional, if for no other reason than law changes of that magnitude seem clearly to be Congress's domain. But the...
Obamacare and an Anecdote
The recent revelation that the White House, congressional Democrats, and the CBO all now consider work to be a lifestyle choice reminds me of a scenario some years back with one of my clients. There was a person who was getting a divorce, and the couple had 2...
Chuck Rocha Gets It Wrong on Bulls & Bears
When Chuck Rocha, from the Center for National Policy, was a guest on Bulls and Bears last past weekend, he continued to spew out statistics that touted the economic benefits of Obamacare. His assertions were based on a Price Waterhouse report that indicated health...
Rick Ungar’s Obamacare Fib
Rick Ungar, the “Token Lefty”, usually comes very well prepared for his appearances on Forbes on Fox. But it is disappointing to watch when he regurgitates the same absolutely misleading statistics, despite the fact that he's been corrected so many times before. Mr....
“Economists” and the Minimum Wage
Democrat politicians and “economists" have found a wonderful populist issue for the the current election cycle - raising the minimum wage. The economists (including Krugman, Goolsbee, etc) make the argument that the most obvious, serious problem -- loss of entry level...