A reader asked me to post something on President Trump’s proposed budget to Congress. Opinions have varied as to whether this budget is the apocalypse on one end or the second coming on the other, and pretty much every nuance in between. As with most budgets–though you may not remember the last one, since it […]
Archives
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Trumpian Tax Triumph?
29 Apr 2017
Mr. Trump unveiled his tax plan earlier this week, and there was something for almost every conservative to like. Our current obscene corporate tax rate of 39% is the highest among industrial nations (only exceeded by Chad and the UAE), but doesn’t yield all that much revenue, so Mr. Trump proposes drastically reducing it to […]
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What Will Congress Do About Obamacare?
29 Jan 2017
What is going on with Obamacare, otherwise known as the Affordable Care Act? Spirits were high about quick action in the House and even the Senate. Ideas have not been lacking—there are several plans out there to replace the present law. The obstacle seems to be the usual collective suspect—politicians and their obsessive worry about […]
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The City of Man
15 Jan 2017
I am sitting in the San Antonio airport, waiting for my flight back home, reflecting on an excellent Values and Capitalism retreat here and–the subject of this blog–my walk yesterday. My goal was to walk to a bookstore about two miles from my downtown hotel. I had mapped it out using Googlemaps and set out […]
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In an article from CNS News dated December 16, 2016, we have the new but predictable Census Bureau statistics on median income for households in counties of the United States. The first four richest counties are, …, you guessed it, all in the Washington, DC area, and range from about $99,000 per year to $122, […]
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I think most of us can now certainly agree: even if we give Mr. Trump his claim that he is the most brilliant businessman ever, and his paying low or no taxes is due to his incredible financial acumen, we cannot help but conclude either he is a particularly poor politician or he simply does […]
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Miscellaneous Interesting (and Weird) News
13 Sep 2016
There are all sorts of interesting and disturbing issues and events out there in the news these days, some obscure and others more obvious and with greater implications. Below I simply want to list a few I have been reading about in recent days, and then later perhaps write some longer blogs on some of […]
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Who Really Benefits from Internet Sales Taxes?
28 Aug 2016
So it seems Bob Goodlatte, a Republican House member from Virginia has introduced for circulation among his Judiciary Committee colleagues a framework proposal for taxing internet sales transactions, something “brick and mortar” stores have wanted for some time. Goodlatte’s aide says the plan is simple and fair. As an article on the plan states, “Internet […]
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The Obamacare Slow Leak
22 Aug 2016
Maybe you have read some articles in the past weeks about insurance providers leaving the Obamacare market in some states (I just read another one today). Well, it likely will get worse. Here is what is happening. First we need to understand how Obamacare works. The entire scheme was predicated on the ability to tax […]
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I have so far avoided taking any position on the two main candidates for president. For my colleague Mark Smith, don’t worry, I will. I intend to continue the path of avoidance in this blog. Today I would like to examine and evaluate each candidate’s economic program. I say nothing about their personal morality, or […]
Bert Wheeler
Jeff Haymond
Marc Clauson
Mark Caleb Smith
Tom Mach