I’m in Jersey, where I gave a speech last night. But not New Jersey, the state where you shouldn’t die. That’s the state that many people have been fleeing because they don’t like paying confiscatory taxes to finance bureaucrats who make as much as $320,000 per year. Instead, I’m in the Bailiwick of Jersey, which […]
read more...Augmented by some amusing cartoons, I’ve already warned that the hysteria about the fiscal cliff is basically a ploy by the politicians to extract more revenue to finance bigger government. Elaborating on this concern, I wrote a column for today’s New York Daily News. I started with a description of the three issues that are […]
read more...The Center for Freedom and Prosperity Foundation (CF&P) released today its latest “Economics 101” video, which analyzes the President’s divisive approach to tax policy. Entitled, “Obamanomics: Class Warfare vs Pro-Growth Tax Policy,” the video explains what’s wrong with the President’s approach and offers a pro-growth alternative.
read more...Even though he promised to bring Americans together, President Obama has used class-warfare tax policy to persecute and demonize successful entrepreneurs and investors. This mini-documentary from the Center for Freedom and Prosperity Foundation explains why the tax code shouldn’t be used for anything other than fairly and neutrally collecting a minimum amount of revenue to fund the legitimate functions of the federal government.
read more...The half-joking response to the question in the title of this post is that policymakers should look at what’s happening in poorly run jurisdictions such as California, France, Illinois, and Greece – and then do just the opposite. In other words, steer clear of punitive class-warfare tax rates and make sure to control the burden […]
read more...You have to give President Obama credit for chutzpah. He pushed through a faux stimulus in his first year and Obamacare in his second year, both of which significantly increased the burden of government spending. In the past two years, he’s basically punted, proposing budgets that are so laughably unserious that they received zero votes […]
read more...I never thought I’d be quoting Chuck Norris about Obama’s tax policy, but he has a nice rant that includes a collection of the President’s more offensive statements. Sort of akin to the list I put together in this post (which also includes some preposterous statements by Secretary of State Clinton). Here is the key part […]
read more...Obama has repeated once again that he will throw the nation off the fiscal cliff if Republicans don’t capitulate to his demands for class-warfare tax hikes. This is a serious topic worthy of weighty analysis, but I don’t really have anything to add to what I’ve written before – particularly with regard to the threat […]
read more...I periodically mock the crazy statists of California. The state is almost surely doomed to suffer a Greek-style fiscal chaos. The only unknown is whether Illinois will beat the Golden State into default. The politicians in Sacramento impose very high taxes to fund a bloated bureaucracy that oversees a bunch of politically correct nonsense. But […]
read more...I try to be self aware, so I realize that I have the fiscal version of Tourette’s. Regardless of the question that is asked, I’m tempted to blurt out that the answer is to reduce the burden of government spending. But sometimes that’s exactly the right prescription, particularly for an economy weighed down by a […]
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