Economics
I’ve had some Facebook friends post informational graphics concerning tax policy and health care issues. Almost every one is published by a liberal organization in support of President Obama and liberal policies. They are designed with emotion as the foundation. Here is my first shot at a conservative image you can download and post on Facebook.
If you’re up early in the morning and wonder what’s going to be big news in the United States in the morning, one suggestion is to check out the UK Guardian. This morning, they blamed a hurricane for Citigroups plan to lay off 11,000.
On Special Report last night, Charles Krauthammer reminded us the Simpson Bowles Commission identified federal tax loopholes and deductions that totaled more than $1 trillion every year.
This just about sums-up the week does it not? One week closer to the Fiscal Cliff. I say we go for it. If you’re not watching the Michael Ramirez editorial cartoons over at Investor’s Business Daily, you should be. Read Ed Morrissey over at Hot Air for a chaser.
Class warfare. Socialism. You’re watching it develop and take root all around us. In New York City, where some fast food employees are making minimum wage ($7.25 per hour in New York), some of them are demanding wage rates double to $15 per hour.
Obama administration staffers discussing President Obama’s proposed balanced approach to reducing the deficit a few dollars – there is no interest in discussing the debt or unfunded future liabilities – have shown little or no interest in spending cuts.
Pull me out of this spin machine! The media at Reuters posted a story early this morning – now highlighted on Drudge Report – that gives readers the impression Cubans have not paid taxes in 50 years all-the-while getting their free services.
We’ve been telling you this for years. You can pick out individual cases where really rich people – especially those living exclusively on dividend income – pay a lower effective federal income tax, but that is rare. For the 2010 tax year, IRS data proves millionaires payed an average tax rate of 20.4 percent, while…
It’s Small Business Saturday, and I figured this subject was appropriate. For years I’ve been closely involved with retail sales at a local level. I’ve struggled with the thought of Internet retailers selling the same products or services online for a lower cost. But – even putting aside the constitutional argument – I do not…
Hey, when you’re trying to run an expanding federal government, seeking permission from the people to spend more and more money we don’t have is a bloody inconvenience. When asked if we should ditch the debt limit all-together, Treasury Secretary Timothy Geithner agrees with Alan Greenspan – spend away! “Well, this is something only Congress can solve,”…