In search of fixes for a fossilized economy. The U.S. economy grew at an anemic rate of less than 1 percent in the last quarter of 2015. While the unemployment rate has dipped below 5 percent, the all-important labor force participation rate is at a historic low of just 62.7 percent. More than 90 million able-bodied adults are either not ... MORE
Showing posts with label tax. Show all posts
Showing posts with label tax. Show all posts
Baylen Linnekin: Is Mexico's Soda Tax Really Working?
Less consumption, same obesity. Mexico has become the most obese country in the world. In a purported effort to combat the problem, the country implemented a one-peso-per-liter excise tax on sugar-sweetened beverages in January 2014. That tax, supporters claim, is working. A 2015 working paper by University of Chicago Prof. ... MORE
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
Labels:
bailout,
capitalism,
crony capitalism,
debt,
economics,
government,
regulation,
spending,
tax
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
Labels:
busybody,
central planning,
freedom,
government,
individual liberty,
politics,
tax,
taxpayer
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
Labels:
debt,
deficit,
entitlements,
fiscal cliff,
government,
policy,
politics,
revenue,
spending,
tax
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
Labels:
deception,
Democrats,
dishonesty,
politicians,
politics,
propaganda,
rich,
tactics,
tax,
tax rates
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
Labels:
economics,
government,
incarceration,
income tax,
individual liberty,
patriotism,
principles,
tax
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
Labels:
bailout,
capitalism,
crony capitalism,
cronyism,
economics,
government,
politics,
socialism,
tax
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