by Dan Mitchell | Oct 5, 2010 | Big Government, Blogs, Government Spending, Government Waste
I’ve avoided this topic in recent weeks because it’s too depressing, but this story is too outrageous to ignore. The County of Los Angeles has 199 bureaucrats who “earned” more than $250,000 last year. According to Census Bureau data for 2008, the median household...
by Dan Mitchell | Aug 22, 2010 | Blogs, Tax Competition, Taxation
I ran across two interesting lists showing how politicians at the state and local level are often just as bad as the ones in Washington, DC. First, Forbes has an article identifying the 10 states with the highest income tax rates. The top rate is a big deterrent to...
by Dan Mitchell | Aug 5, 2010 | Big Government, Blogs
If you have municipal bonds issued by the city of Los Angeles, you may want to dump them while there’s still time. The LA Times reports that one-third of the city’s budget in 2015 will get consumed by pensions and benefits for retired bureaucrats. The cost of...
by Dan Mitchell | Jul 20, 2010 | Blogs, Uncategorized
Even I am shocked about how politicians and bureaucrats are bilking the poor people of Bell, California. I wish I had this example reported by Bloomberg for my video on overpaid bureaucrats, but mostly I hope that taxpayers rise up in revolt against the way the...
by Dan Mitchell | Jul 17, 2010 | Blogs, Uncategorized
Oakland politicans have created a fiscal crisis by spending too much money. This has caused strife with the police union according to a San Francisco paper. The details of the fight are not very remarkable, but I was stunned to read that the average compensation for a...
