Tag Archive | taxes

Why Going Over the Fiscal Cliff is a Good Idea… maybe…

The President is willing to go over the fiscal cliff. It might not be such a bad idea: taxes are raised, entitlements and defense are cut, and no one has to vote and offend their constituents. Austerity is forced upon us and we start with a lower baseline.

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Giving Money to the Government in Taxes is Like Handing Out Cash to a Drunk

Democrats want to solve our 16 trillion dollar debt by raising taxes. Giving the government more money in taxes is like handing out cash to a drunk on the street. You hope he will use it to by food, but you know good and well he is only going to spend it on more booze.

Creative Destruction or Rollerball (1975)?

The loss of jobs in the US to overseas workers is creating a lower standard of living for those still in the US, while increasing corporate profits, but it is also causing unemployment. Unequal environmental regulations and taxes make the situation worse.