Showing posts with label tax. Show all posts
Showing posts with label tax. Show all posts

Coral Davenport: To Help Pimp Alternative Energy Sources, Obama Is Willing To Impose A $10-A-Barrel Fee On Oil

A tax on production, what could go wrong.     President Obama’s budget request to Congress will include a new fee on oil companies, requiring them to pay $10 to the federal government for every barrel of oil they produce, the White House said on Thursday. The money, which could bring in up to $32 billion in new federal revenue annually, would ... MORE

The Decline Of America's Economic Freedom Under Obama

by Anthony B. Kim.  Millions of people around the world are emerging from poverty thanks to rising economic freedom. But by sharp contrast, America’s economic freedom has been on a declining path over the past decade. According to the 2016 Index of Economic Freedom, an annual publication by The Heritage Foundation, America’s economic    ... MORE

VIDEO: Milton Friedman & Phil Donahue Debate Regulation

Texas Police Turning Into Mobile Debt Collectors

by John Cassidy.     Reduced to tax collectors with badges. Two new technologies and one failed state program could make highway travel perilous for Texans traveling between San Antonio, Austin and Houston. Law enforcement agencies with jurisdiction over I-10 east of San Antonio and I-35 between San Antonio and Austin have signed contracts   ... MORE

What Some Think As Law-Abiding Is Really Jackass Abiding

by Paul Hein.     If you were to ask people on the street, “Are you law-abiding?” the vast majority would say, some with evident pride and self-righteousness, “You bet I am!” A smaller percentage would say, after some hesitation, “Sure, I guess I am,” and a very few might grimace and say, “Only when I have to be!” Thank God for this last group!  ...  MORE

Thomas Sowell: The Busybody Left

Self-appointed minders of YOUR business.   The political left has been trying to run other people's lives for centuries. So we should not be surprised to see the Obama administration now trying to force neighborhoods across America to have the mix of people the government wants them to have. There are not enough poor people living in  ... MORE

Feds Collect Record 2015 Tax Haul: $19,346 Per Worker

by Michael Lotfi.       Gov't overspent by nearly $530 billion anyway. According to a monthly treasury statement, through the first eleven months of fiscal year 2015 (Oct. 1, 2014 – end of August), the United States federal government has collected a record-breaking haul in tax revenue. In total, the feds have collected over $2.8 trillion so far, which     ... MORE

Obama Executive Order Incentivizes Employers To Hire Alien College Graduates Over Native-Born Graduates

by Ali Meyer. The Department of Homeland Security (DHS) is expanding a program that awards businesses bonuses when they hire alien college graduates over native-born graduates, according to an analysis by the Center for Immigration Studies. The optional practical training program (OPT) awards alien college graduates a work permit to stay   ... MORE

Thomas Sowell: Undefined Words Are A Big Plus In Politics

Charlatans work the hot buttons.   At the recent televised debate among candidates for the Democrats' nomination for president, Hillary Clinton declared that "the wealthy pay too little" in taxes and "the middle class pays too much." Some people might wish to argue about whether that is true or not, but no rational argument can be made on either  ... MORE

Peter Schiff: The Death Of A Patriot

Crushed for what he believed in.    My father Irwin A. Schiff was born Feb. 23rd 1928, the 8th child and only son of Jewish immigrants, who had crossed the Atlantic twenty years earlier in search of freedom. As a result of their hope and courage my father was fortunate to have been born into the freest nation in the history of the world.  But when ... MORE

Crony Socialism: Government Bailouts Do Not Save Jobs

by Doug Reich.      [Back in 2012,] in a bizarre harangue delivered to the DNC delegates, ex-Michigan governor Jennifer Granholm hysterically chanted that hundreds of thousands of jobs were “saved” by the federal government’s bailout of General Motors.  According to her, these jobs were “saved” thanks only to the largess of the Dear Leader and   ... MORE

Walter E Williams: Liberal Reasoning - Idiotic or Dishonest?

A very convenience understanding at minimum.    Many people argue that liberals, socialists and progressives do not understand basic economics. I am not totally convinced about that. Take the law of demand, for example, one of the fundamental principles of economics. It holds that the lower the cost of something the more people will  ... MORE