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Tax Politics

The Politics of Taxes

Reciprocal Tariff Ignorance

President Trump continues to pursue his misguided tariff crusade believing that he is somehow protecting American industries and employment. His latest move, reciprocal tariffs (which he intends to begin April 2), is even worse. Trump has stated that he plans to impose tariffs based on “what they charge us, we charge them,” which is an economically stupid idea. Advocates of this policy like to...
More Obamacare Woes, This Time in Minnesota

Yet another insurance regulator -- this time in Minnesota -- is sounding the alarm on the insurance market in their state, specifically describing it as "an emergency situation" with regard to rate increases next year and availability of competitive companies offering...

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New Yorkers Leaving In Droves

The New York Post had an article the other day regarding the continuous stream of New Yorkers leaving the state. An analysis found that "in 2014, 126,000 tax filers moved out of New York," more than any other state in the nation. Also significantly, "The Empire State...

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No New Rate Hike

A couple of days ago, I wrote about my theory that as long as the interest rates stay low, the stock market will remain high -- because no one has any other place for investment. The rates have stay historically low for nearly a decade now, so investors have seen...

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Low Interest Rates, High Stock Market

Did you even notice that whenever the economy issues bad results (a weak jobs report, etc.), the stock market goes UP? Logic would seemingly have it be the opposite. If the economy was weak, one would assume the stock market would respond negatively. But that's not...

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Deplorable Pneumonia?

We've all seen the video which raises new questions about the health status of Hillary Clinton. I've largely left these questions alone because I try to avoid reckless speculation. However, the video does raise some new questions: The Hillary press team was largely...

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