JUNE 6, 2010 Tax Hikes and the 2011 Economic Collapse Today’s corporate profits reflect an income shift into 2010. These profits will tumble next year, preceded most likely by the stock market. By ARTHUR LAFFER People can change the volume, the location and the composition of their income, and they can do so in response […]
ART LAFFER’S PERDICTIONS ON EFFECTS OF HIGHER TAXES Read More »
A ‘certain point’ to one’s wealth? By Ralph R. Reiland Monday, May 10, 2010 Off the teleprompter for a few seconds while stumping for financial reform recently in Illinois, President Obama had this to say about incomes: “Now, what we’re doing, I want to be clear, we’re not trying to push financial reform because we
Who is to Determine if it’s “Fairly Earned” Read More »
Washington Times Wednesday, April 28, 2010 WHALEN: Message to an entrepreneur: You’re a chump Mike Whalen Major policy changes can have long-term cultural implications. Major changes can impact behavior almost immediately, but the real cultural implications are a result of the often subtle changes in individual attitudes. With the Obama administration, I believe we will
Small and Medium Business Entrepreneurs Under Attack Read More »
APRIL 15, 2010 Rates start low and increase, while income tax rates stay high. As Americans rush to complete their annual tax returns today, there is still some consolation in knowing that it could be worse: Like Europeans, we could pay both income taxes and a value-added tax, or VAT. And maybe we soon will.
Europe’s VAT Lessons Read More »
APRIL 15, 2010 By DONALD L. LUSKIN With the federal budget deficit estimated at $1.342 trillion for next year, it’s going to take a miracle to put America’s fiscal house in order. Happily, a tax revenue miracle may be just around the corner. At a minimum, it will reduce next year’s deficit by 15%. It
George W. Bush’s 2010 Tax Miracle Read More »
Wall Street Journal April 15, 2010 By MIKE DONAHUE I’m in the 32% federal and 10% state income tax brackets. I pay a 1.2% property tax on very expensive California real estate. I am subject to the Alternative Minimum Tax. I am self-employed and subject to a 15% payroll tax on the first $100,000 in
A Message From ‘Henry’ Read More »
Economic View – Can’t Cut Spending? Look Around the Globe – NYTimes.com April 16, 2010 Can’t Cut Spending? Look Around the Globe By TYLER COWEN AMERICA’S long-run fiscal outlook is bleak, mostly because of an aging population and rising health care costs. To close the gap between expenditures and revenue, we’ll likely see a combination
NY Times Advocates Spending Cuts Read More »
APRIL 17, 2010 New Jersey’s ‘Failed Experiment’ The new governor is on a mission to make his state competitive again in attracting people and capital. By JAMES FREEMAN ‘I said all during the campaign last year that I was going to govern as if I was a one-termer,” explains New Jersey Governor Chris Christie on
Chris Christie Takes On Jersey! Read More »
APRIL 13, 2010 Reaganism, New Jersey Style By WILLIAM MCGURN If you think that Snooki getting socked in the kisser during an episode of “Jersey Shore” epitomizes life in the Garden State, you haven’t been paying attention. The best reality show on television today isn’t running on MTV. It’s in Trenton, where Gov. Chris Christie
Chris Christie – “I’m Not Signing a Tax Increase” Read More »
The Wall Street Journal APRIL 5, 2010 By IRWIN STELZER So we are to have a European-style value-added tax (VAT). That’s the emerging consensus in Washington as people come to recognize the reality of the deep financial hole into which the Obama administration has dug us. The Congressional Budget Office reckons we will be Greece
Small Bras and the VAT Read More »
