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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.

If Obama Wins, He’ll Be the Lamest Duck in History

by | 9:11 am, October 31, 2012

Dan McLaughlin, writing at RedState.com on Monday, brought up a very good point: What if Obama loses the popular vote but wins in the Electoral College? He’ll be an emasculated duck. Barack Obama is trying to do something no president has ever done: get re-elected without winning the national popular vote.  If he were to [...]

Preliminary GDP Report a Nasty October Surprise

by | 6:37 am, October 30, 2012

I didn’t mention that a lot of the GDP growth came from government spending. Gee, I wonder if that had anything to do with the election? Probably just a coincidence.

The Inevitable Tax Increase No One Is Talking About

by | 3:41 pm, October 27, 2012

There’s zero likelihood that this tax increase will be stopped. No one wants to talk about it. It has been avoided in the debates like the plague. No politician who I know of has mentioned it. It has public support from those who are dependent on it. Resistance is futile. It’s the Social Security payroll tax [...]

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.

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