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Obama Intends to Bring Down Capitalism

by | 3:38 pm, November 7, 2012

Reynolds has a blind spot, and as a result promotes a myth.

Fiscal Cliff Causing Flurry of Tax Moves

by | 8:01 am, November 6, 2012

The ideal, of course, is a zero tax bracket, with government so small that it would be adequately funded, as it was prior to 1913, with tariffs. Back then government spending stayed within its means and within the confines of the Constitution.

Taxmageddon Only Part of the Problem

by | 10:44 am, November 4, 2012

Considering the precarious position the country is in, it’s amazing that Congress looks like it’s going to do everything it can to put off into the future – punt, kick the can, whatever you choose – to avoid making any hard decisions today. I agree with Mark Twain.

How Many “Fiscal Cliff” Scenarios Are There?

by | 3:13 pm, October 30, 2012

In his blog at MarketWatch over the weekend, Robert Schroeder reviewed five possible outcomes to the challenge of the “fiscal cliff” and concluded that only one was truly catastrophic: Simply letting the Bush-era income tax cuts expire and allowing billions of dollars of spending cuts to kick in would actually be the easiest thing to [...]

Fiscal Cliff, Fiscal Gap, Lame Duck Congress

by | 8:31 am, October 25, 2012

There are none so blind as those who refuse to see.

Buffett Rule Foolishness

by | 4:38 am, April 17, 2012

Alleged debate over the Buffett Rule has nothing whatever to do with reducing the deficit, but to create political “talking points” in the election.

$5 Trillion Tax Hike Coming

by | 6:08 am, April 8, 2012

This whole scenario is playing into Obama’s hands. It’s part of his training as a student of Saul Alinsky: so overwhelm the system that it breaks down. The man knows what he is doing.

Is Ryan’s Budget Plan Headed in the Right Direction?

by | 4:56 am, March 21, 2012

History is a guide only for those who know it. Progressives, I’m persuaded, know it but ignore it and therefore are without excuse. Cutting taxes always increases freedom and has a nice side benefit: increasing revenues to the government without raising tax brackets. Not that the prime purpose of stimulating the economy is for the government to reap more revenues, you understand!

Obama’s Tax Plan Neither Simplifies Nor Reduces

by | 5:37 pm, February 28, 2012

His tax plan is so filled with confusion and complexity and pandering to special interests that it’s pretty easy to conclude that it has little to do with fiscal policy, and everything to do with getting reelected.

U.S. Manufacturing Is Making Headway

by | 11:02 am, February 17, 2012

Just when we thought that both California and US manufacturing were dead and buried comes the news that neither perception is correct. What’s amazing is how US manufacturing is thriving given the anti-capitalist ideologue sitting in the White House doing everything he can to keep this from happening.

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