Slicing the Bagel Reveals VAT Flaws
Washington think tanks and commentators continue to spin out impressive reams attempting to explain the necessity and virtues of adding a value-added tax (VAT) on… Read More
Washington think tanks and commentators continue to spin out impressive reams attempting to explain the necessity and virtues of adding a value-added tax (VAT) on… Read More
In a recent editorial somewhat misleadingly entitled “A Real Debate on Taxes,” The New York Times argues in favor of allowing the 2001 and 2003… Read More
When President Barack Obama’s own oil spill commission first met in July, they said that the President’s decision to ban oil drilling in the Gulf… Read More
This past Friday the Associated Press reported: Nearly half of the 1.3 million homeowners who enrolled in the Obama administration’s flagship mortgage-relief program have fallen… Read More
General Motors is making moves to sell some of its government-owned stock back to the private sector in what would be one of the largest… Read More
In many respects, Dan L. Duncan was the embodiment of the American dream, the self-made man incarnate. He transformed $10,000 and two propane trucks into… Read More
Government workers probably aren’t overpaid, and even if they are, we shouldn’t care. This is Paul Krugman’s message in a recent blog post that takes… Read More
Despite their key role in creating the housing crisis, Fannie Mae and Freddie Mac are not being reformed, and will continue to cost the American… Read More
Unless Congress and the President intervene legislatively, federal income taxes will soar on January 1, 2011 for millions of middle- and upper-income Americans. Tax relief… Read More
Many states offer “tax holidays” for shoppers during the back-to-school season, but families everywhere still pay extra at the checkout counter due to hidden import… Read More
The New York Times reports today that only 8.4% of the $3.2 billion Congress included in President Barack Obama’s failed stimulus to create green jobs… Read More
With the introduction of new legislation to implement the Automatic IRA—a simple, low-cost retirement savings vehicle for employees of small businesses—the effort to enable many… Read More
As we have been reporting, President Barack Obama is set to let tax rates increase at the end of this year. Obama’s tax hike will… Read More
When economists forecast the economy, they tend to draw straight lines. They figure out where we are and where we’re going, and they plot a… Read More
Tucked away in the legislation that made Obamacare into law is a tax provision that will be a compliance nightmare for small businesses if it… Read More
Social Security faces the serious danger of failing to live up to its name due to its unfunded obligations. Last week, the Social Security and… Read More
The mainstream media is having a field day with House Minority Leader John Boehner’s (R–OH) less-than-stellar handling of a simple “when did you stop beating… Read More
Next January, tax rates will increase—even though the country remains in a recession—unless Congress takes action. The Obama Administration’s solution is to extend the 2001… Read More
The Federal Reserve’s Open Market Committee meets today in the face of tremendous economic uncertainty. In light of last week’s dismal jobs report and related… Read More
There are many reasons tax reform remains a distant dream. Not “tax reform” disguising a tax hike as the Obama Administration envisions, but tax reform… Read More
The immediate effects of Obama’s policies are easily seen. We can observe the workers of which billions of dollars have been spent to employ. We… Read More
The leftist majority in Congress likes to blame their trillion-dollar budget deficits on the
Weak economy or not, a huge tax increase is just around the corner. Tax relief enacted nearly a decade ago is set to expire in… Read More
According to reports, Christina Romer, Chairman of the President’s Council of Economics Advisers (CEA) is calling it quits. Why does this matter? Another ignored economist… Read More
The Obama Administration announced “Recovery Summer” in June to highlight the expected gains in jobs and economic strength resulting from Obama’s stimulus.. Well, maybe next… Read More
If you do a quick read of the Medicare Trustees Report, it would seem that Medicare’s finances have dramatically improved since last year. The 2010… Read More
The city of Bell, CA paid their former city manager nearly $800,000 a year. There was so much community backlash to the exorbitant salary, that… Read More
Google and Verizon, two of the leading antagonists in the long-running drama over FCC net neutrality regulation, may be about to call a truce. According… Read More
The Social Security and Medicare Trustees today released their annual reports on the fiscal condition of the programs, and the situation for these programs is… Read More
Progress is often a matter of higher, faster, further—profits are higher, computer chips are faster, cars run further on a gallon of gas. In Washington,… Read More
