Over at Hezekiah Wyman
When government becomes the restaurant the system flies apart in many ways. Governments do not worry about overheads; indeed, it is an essential function of government to grow. The gang in DC has no concept of being able to “afford” the expenses they occasion. Money isn’t real to them. Other people’s money [...]
Archive for the ‘Taxes’ Category
A good explanation of the government and the economy
Posted in Economy, Government, Politics, Taxes on 09.08.2009 | Leave a Comment »
Ron Paul on saving the world from CO2 (the right way)
Posted in Government, Ron Paul, Taxes on 06.04.2009 | Leave a Comment »
Ron Paul has introduced HR 1768 the Energy Efficient and Environmentally Friendly Automobile Tax Credit Act.
Instead of instituting government mandates on how fuel efficient cars need to be, and how they need to be designed in order to be that efficient, Congressman Paul has a much better solution. His bill provides incentives for people to [...]
Ron Paul on forgiven credit card debt
Posted in Government, Taxes on 06.04.2009 | Leave a Comment »
Last month Ron Paul introduced a bill, “to help Americans struggling with consumer debt by excluding discharges of debt from the definition of taxable income.“
What does that mean?
Suppose you currently have $50,000 in income, but you owe $15,000 to various credit card companies. You work with your creditors, and they agree to forgive $10,000 of [...]
And there they go….
Posted in Government, Taxes on 05.26.2009 | Leave a Comment »
Here is an interesting opinion piece in the Wall Street Journal about millionaires “disappearing” from the state of Maryland. The gist of it is when Maryland decided to have millionaires their “fair share” of the state’s budget and implemented a progressive tax, the millionaires responded by leaving the state. In one year the number of [...]
