The President has made promotion of “green energy” a central part of his agenda. His efforts have thus far been littered with waste, fraud and abuse, but nevertheless it remains a key plank of the President’s platform. So why then is his administration slapping tariffs on solar panel imports? The United States on Thursday announced […]
read more...Politicians are always looking for ways to increase their power and exert ever more authority over greater swaths of humanity. Generally speaking, the world system of nation-states at least keeps to a minimum the number of politicians capable of pushing their views on any particular populace. The increasing move toward international governance and greater authority […]
read more...It’s almost that dreaded time of year again: Tax Day. As if reaching deep into our wallets to fund profligate government spending isn’t bad enough, Americans also bear a tremendous hidden cost just to comply with the tax code. At over 3.8 million words, the tax code has 850 times more words than the U.S. […]
read more...Today marks the 247th anniversary since the British government passed the Stamp Act, a direct tax levied on all materials printed for commercial or legal use in the colonies. The tax faced a backlash from the colonies and was decried as taxation without representation. Despite how it turned out for the British, many organizations today […]
read more...According to Gallup, D.C. has the highest amount of economic confidence in the country…and it’s not even close. It would be easy to say that Gallup over-sampled White House staffers wearing Keynesian blinders, but the truth is far more depressing. It would be nice if we could chalk up these results to a simple bubble […]
read more...During his State of the Union speech, President Obama expressed his desire for an “economy built to last,” an oxymoron emblematic of the President’s embrace of Keynesianism and other failed economic philosophies. Simply put, strong economies are not built; they emerge. To be built implies that there be a builder. Naturally, Obama envisions himself in […]
read more...Harry Reid announced recently that millionaire job creators are “imaginary,” just like the “unicorns” that apparently advise him on economics: Senate Majority Leader Harry Reid (D-Nev.) suggested on Monday that millionaires who create jobs are a mere figment of Republicans’ imaginations. “Millionaire job creators are like unicorns,” said Reid from the Senate floor. “They are […]
read more...Yesterday evening, Heritage spotted a conspicuous entry in the day’s publication of the Federal Register, defining a new tax on Christmas trees, which would fund a Christmas Tree Promotion Board. The story quickly blew up and went viral, and now the Administration is delaying implementation of the proposal. The left has been quick to point […]
read more...As CF&P has consistently warned, the Foreign Account Tax Compliance Act passed last year is driving foreign investment out of the US, which means less capital investment for the economy and thus fewer jobs for Americans. A group of Taiwanese banks fed up with the burdensome requirements of the law are reducing their US holdings, […]
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