Blog Archives

The National Debt Keeps Piling Up, But Government Boasts

obama-tuxedo

Record taxes mean that the Feds “only” added a half-trillion dollars to the national debt this year. Let’s celebrate? You know you’re doomed when your Secretary of the Treasury takes a “victory lap” simply because the Federal Government devoured an

Posted in Debt, Spending, Taxes Tagged with: , , ,

Just Another IRS Harassment Case

irs logo

IRS harassment of conservatives has been an ongoing scandal. Right in the middle of it, the IRS has begun auditing conservative groups—first, Breitbart and then the maker of a movie about Obamacare. I’m sure that is nothing more than a

Posted in Big Brother, Liberalism, Taxes Tagged with: ,

Are Republicans Sticking Us with Higher Taxes?

war obama

It seems that Republicans now consider higher taxes beyond real reform. Politico.com, being a statist rag, tried to make the headline as biased as possible: “Republicans shift away from tax cutting mania.” Something is missing from this year’s midterm elections.

Posted in Taxes, War Tagged with: , ,

Obamacare Will Consume Some Tax Refunds

irs scandal

Awhile back, Bob Allen posted about the government confiscating tax refunds without warning for old debts that no one knew about except the government. Now it looks like the government will have a new reason to make tax refunds disappear:

Posted in Healthcare, Obamacare, Taxes Tagged with: , , ,

Record Revenues for the Federal Government as Debt Grows

Corporate_taxes

The Federal government is collecting record revenues yet they still can’t balance the budget. We have a massive spending problem, buttressed by a record number of Americans willing to live off money plundered from their productive neighbors (and I include

Posted in Debt, Spending, Taxes Tagged with:

The Hypocrisy of the War Against the Lemonade Stand

lemonade

Kudos to the city leadership of Dunedin, Florida for exercising common-sense in regards to a young man’s lemonade stand. And kudos to T.J. Guerrero’s parents for doing an obviously great job of rearing a wise and responsible young man. The

Posted in Business, Government Control, Taxes Tagged with: , , , , ,

Obamacare Is about to Make Taxes More Complicated

IRS sign 2

I know that it seems impossible that someone would make taxes more complicated, but according to one expert that is exactly what is about to happen. The Washington Examiner reported on what H&R Block CEO William Cobb said about the

Posted in Healthcare, Obamacare, Taxes Tagged with: , ,

Tennessee Is the Un-Illinois State

tre hargett

Terrible picture, but a great “State of the State” update from Tennessee Secretary of State, Tre Hargett, yesterday in Nashville. Here’s a man who has cut his office’s budget from over $30-million per year in 2009, to $27-million today—AND, they’re

Posted in Debt, Spending, Taxes Tagged with: , , ,

Pennsylvania Tea Party Victory? Not Quite, Sadly

Taxes

I don’t know if any of the legislators pushing this agenda consider themselves Pennsylvania Tea Party or not, but the agenda certainly seems Tea Party friendly at first glance. Fox News reported, One year and five months — that’s how

Posted in Spending, Taxes Tagged with: , , , ,

L.A. Infrastructure Showing Signs of Corruption

dollar bill eye pyramid

Showing city government and city planning at its finest, L.A. infrastructure is cracking up. Bloomberg.com reports: Los Angeles is showing its age, and city officials don’t have plans for financing the facelift. From buckling sidewalks to potholed thoroughfares to storm drains

Posted in Corruption, Debt, Spending, Taxes Tagged with: , ,

Income Taxes Are About Controlling Behavior

taxes

Here is an excellent article from the Heritage Foundation’s Daily Signal: “Yes, Low-Tax States Are Out-Competing High Tax States.” Arthur Laffer and I have examined the data back to 1970 in our book, “An Inquiry into the Nature and Causes

Posted in Taxes Tagged with: ,

Economic Patriotism or Blackmail? Considering Corporate Loyalty Oaths

Samuel Johnson - Patriotism

In the Daily Beast, Jonathan Altar advocates a kind of economic patriotism that uses “loyalty oaths.” The oaths are to prevent them from “deserting” the country by becoming owned in another nation with a lower corporate tax rate. On top

Posted in Business, Patriotism, Taxes Tagged with: , , ,