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File: Taxation
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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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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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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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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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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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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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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