File: Taxation

2011-04-18 :: madlibertarianguy // Dumbassery + Economy + Government + Journalism + Taxation
Worth Printing

The Times finally runs an opinion column finally worth printing. Money quote: Last week, in his address on deficit reduction, the president followed the playbook once again. In the throat-clearing section of the speech, Obama promised “tough choices” that put “everything on the table.” But his tax proposals were aptly summarized by The Atlantic’s Clive […]

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2011-04-15 :: madlibertarianguy // Dumbassery + Economy + Government + Taxation
Who Knew?

Who could have guessed that raising taxes to punitive levels doesn’t change behavior, but leads people to the black market? Le Times: Itinerant cigarette vendors have long been a fixture in some parts of the city, like bodegas that sell individual cigarettes in violation of state law. But with cigarette prices up and the number […]

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2011-04-14 :: madlibertarianguy // Dumbassery + Taxation
Other People’s Kids

Why the fuck am I paying for other people to have kids? If you want to have kids, adopted or otherwise, pay for them with your own goddamn money.

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2011-04-14 :: madlibertarianguy // Dumbassery + Economy + Taxation
Apparently Words No Longer Have Meaning

Reason on Obama’s word trickery: Tellingly, The New York Times defines “tax expenditures” as “payments to taxpayers for deductions for charitable donations or home mortgages,” as if letting people keep more of their own money is the same as giving them subsidies.* The Times notes that “the use of the phrase ‘tax expenditures’ allows the […]

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2011-04-08 :: madlibertarianguy // Dumbassery + Economy + Taxation
Other People’s Money

You just gotta love an entire political philosophy that is completely based on the premise that it has the RIGHT (Damnit!) to other people’s money. Reason: Forty-seven percent of American households pay no federal income tax at all, points out the Tax Foundation, and the IRS hands out more than $70 billion in refundable tax […]

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2011-04-06 :: madlibertarianguy // Constitution + Dumbassery + Government + health care + Journalism + Taxation

Here in America, we have principles. Principles like a free media, unbiased by not receiving funding from the government. Oh, wait. No we don’t. Two mainstream news organizations are receiving hundreds of thousands of taxpayer dollars from Obamacare’s Early Retiree Reinsurance Program (ERRP) — a $5 billion grant program that’s doling out cash to companies, […]

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2010-11-20 :: madlibertarianguy // Dumbassery + Government + Taxation
For the Little People

WaPo on Charlie Rangel’s having been found guilty by the House Ethics Committee: The conviction covers four areas of unethical behavior, the committee ruled. Rangel, 80, was found to have improperly used his congressional staff and official letterhead to solicit donations from corporate charities and chief executives for a college wing named in his honor, […]

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2010-09-13 :: madlibertarianguy // Dumbassery + election + Taxation + Tea Party
We Can Only Hope

We can only hope that the slight fracturing of Democrats will result in the same kind of party split that the Republican party is currently seeing with the emergence of the tea party and their aversion to big government (ostensibly even Republitardian big government). We can expect no relief from government presure if the current […]

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2010-07-04 :: madlibertarianguy // Government + Legislation + Taxation
Myths About the Demotarded Party

Of the many myths which permeate our collective subconscious, there are 2 which bother the ever living shit out of me: 1) Republicans are the party of war, and are the primary driving force behind the infamous military industrial complex in the US, while the democrats are a party of peace and love and hippies […]

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2010-06-17 :: madlibertarianguy // Taxation
Let’s Go Team!

Let’s hope that Team Mostly-Red can win this battle.  Janet Adamy and Evan Perez via The Wall Street Journal: The federal government formally responded to the most serious legal challenge to the health-care overhaul, invoking its powers under the Constitution to regulate interstate commerce and impose taxes. At least 20 state attorneys general, most of […]

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2010-06-06 :: madlibertarianguy // Dumbassery + Government + Taxation

Apparently, the advisory board whose single task is to find creative ways to cut the federal deficit wants needs more money.

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2010-05-25 :: madlibertarianguy // Dumbassery + Economy + Taxation
This is BP’s Problem, Not Ours

Clifford Krauss and Matthew L. Wald via The New York Times: The Governor’s Office of Homeland Security and Emergency in Louisiana announced Tuesday that, at the request of Gov. Bobby Jindal, the federal Department of Commerce had declared a commercial fisheries failure for the state, allowing commercial fishermen to receive aid from the Economic Development […]

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2010-05-25 :: madlibertarianguy // Dumbassery + Government + Taxation
Bravo, Bus Drivers Union!

Michael M. Grynbaum via The New York Times: And the encounters [being spat on], while distressing, appeared to take a surprisingly severe toll: the 51 drivers who went on paid leave after a spitting incident took, on average, 64 days off work — the equivalent of three months with pay. One driver, who was not […]

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2010-05-15 :: madlibertarianguy // Dumbassery + Journalism + Taxation
California On Verge of Fiscal Recovery

Despite the fact that California has been in dire financial straights for at least the last 3 years, is currently in the fiscal shitter, in the midst of a $19.1 billion budget gap with one of the highest unemployment rates in the country, has been compared to the failed euro zone states, is looking to […]

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2010-05-13 :: madlibertarianguy // Government + Legislation + Taxation + Uncategorized
Apparently Not

The other day I wrote about how the governor of South Carolina had vetoed a bill which would raise SC cigarette taxes by $.50 per pack stating, A politician finally understands that placing a large burden on a small set of the population cannot fix our budget problems.  Good for SC. Alas, today the state […]

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2010-05-12 :: madlibertarianguy // Government + Journalism + Taxation
Even a Blind Squirrel

It’s not often that the Times prints something worth reading, but I’ll take what I can get. Though there are some deep flaws in Leonhardt’s argument, like the idea that tax hikes should be on the table initially,1 and that government is the best – perhaps only – provider of advanced hospitals, education, etc, the […]

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2010-05-11 :: madlibertarianguy // Government + Legislation + Taxation
Finally. Someone Gets It!

A politician finally understands that placing a large burden on a small set of the population cannot fix our budget problems.  Good for SC.  Here in the Bluegrass, cigarette taxes used to be amongst the lowest in the nation.  That is until they were raised twice in the beginning of 2009 in a period of […]

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