Tax Politics
The Politics of Taxes
Minimum Wage Fallacies
During the State of the Union last week, Obama issued a call to raise the minimum wage once again. He cried forth, “Tonight, let’s declare that in the wealthiest nation on Earth, no one who works full-time should have to live in poverty, and raise the federal minimum...
State of the Union — Read Between the Lines
Here's a rundown of the top Obama lines from the State of the Union, along with the appropriate responses: "After years of grueling recession, our businesses have created over six million new jobs" -- Mainly for the government and IRS
The Insanity of Additional Government Spending
The idea that government spending is necessary in order to keep an economy going is a Keynesian theory that hasn't proven worthwhile in the last four years. At the same time, business growth has been sluggish to non-existence because of – not in spite of – current...
Benedict XVI and Prophecy of Malachy
This morning comes the news that Pope Benedict XVI is resigning at the end of the month. This unexpected event brings to mind the controversial Prophecy of Malachy, who is purported to have detailed the line of Popes until the end. With Benedict's resignation, if...
Obama Calls For New Revenue & New Spending Cuts — Bring Back Simpson-Bowles?
Perhaps the Republicans need to revive the bipartisan Simpson-Bowles package as their Republican bargaining strategy over the next few months since it contains the very things Obama is now calling for. Just before the Superbowl, Obama conducted a CBS interview. During...
Blame You Can Believe In
We heard the unexpected news that the economy contracted for the first time in three years. For all the pundits who claimed that spending our way out of recession was the answer to our economic recovery, it hasn't proved worthwhile. However, instead of acknowledging...