Taxing behavior reduces that behavior. Taxing work causes people to work less. Here’s the punch line from the end of the article: HERE’S the bottom line: Without any taxes, accepting that editor’s assignment would have yielded my children an extra $10,000. With taxes, it yields only $1,000. In effect, once the entire tax system...
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Political Polls are a lot less accurate than they would have you believe. Very rarely are the methods used to obtain the results disclosed. I love the “within the margin of error”. Well not really. The validity of a poll rests on how the statistical model being used actually relates to the statistical sample...
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And all our congresspeople and senators voted for every single job killing law. The new unemployment data have been released and they don’t paint a pretty picture — literally and figuratively. The figure below is all we need to know about the success of President Obama’s big-government policies. The lower, solid line is from...
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“Before today, I’d actually never heard of this group,” Rep. Eric Cantor (D-VA) told reporters. “But if Jack says they’re worth my time, I’ll take a look and see if maybe there are some areas where our interests overlap.” WASHINGTON—Citing a desire to gain influence in Washington, the American people confirmed Friday that they...
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The U.S. government can save more than $1 trillion over the next 10 years by consolidating its IT infrastructure, reducing its energy use and moving to more Web-based citizen services, a group of tech CEOs said in a report released Wednesday. The Technology CEO Council’s report, delivered to President Barack Obama’s National Commission on...
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From Pam Sawyer Please don’t trust what you see in the latest articles from the Leadership of the Democrats……. Latest Budget Myths Myth: State of CT ended last year with a $450 million surplus. Truth: CT is still facing yearly deficits of more than $3 billion starting next year and beyond. Two days ago...
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And our Connecticut Congressional “Representatives” voted for every single one, Thanks, Himes, Courtney, Larson, Murphy and DeLauro. Oregon Business Report: Congress has raised taxes by $670.341 billion since the new President Obama administration took office in January of 2009. The list below outlines the major new and extended taxes passed by the federal government:...
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Reason Magazine: Just weeks before the Patient Protection and Affordable Care Act (PPACA)—a.k.a ObamaCare—passed, President Barack Obama urged congressional Democrats to make a final push for the bill, and asked them to schedule a vote as quickly as they could. “From now until then, I will do everything in my power to make the...
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This seems to be the economic policy question of the hour. It might be worth recalling that last month, the Wall Street Journal polled economists about this question. Of those who expressed an opinion, here are the results: * 6 percent said no, all the tax cuts should be allowed to expire, * 24...
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