Tax Politics
The Politics of Taxes
Geitner's Goal: Rebalanced World Economy
Another example of the Obama Administration using the yardstick of "fair". While talking about guidelines for world exchange-rate policies, Timmy Geitner tells the WSJ, "Right now, there is no established sense of what's fair". If that was not bad enough, this...
NYC Pensions: Too Much
Catching up on some old reading this weekend, I wanted to share Bloomberg's wry observation of the current state of the NYC pension fund. “It's overstating it a little bit to say the only one who's done that well is Bernie Madoff, but 8% for a long period of time is...
Fear the Boom and Bust
Have a little economic fun! If you haven't seen this fun video on basic economics, take a 7:32 break and enjoy. It's Hayek vs Keynes, cleverly rapped to give the fun overview of the battle of two influential economists. My link below includes the video and the lyrics....
Lame Ducks and the AMT Patch
Ed Barnes at Fox News is one of the very few people talking about the AMT these days, but if the AMT doesn't get its annual patch, the economic repercussions could be catastrophic. This leaves me to wonder if this is a political tactic from the Left, who will fancy...
ObamaCare in Court
Shrinking Nest Eggs
The Tax Foundation has a new report out regarding the consequences of not extending the Bush tax cuts: Retired seniors could be among the hardest hit, since they rely most on investments and savings. Lawmakers have been warning for months about the income-tax...