To Owe Or Not to Owe
Most people like receiving a tax refund – it’s kind of like a windfall for many people, especially those for whom saving is a difficult discipline. However, getting a big tax refund from the IRS may...
View ArticleWill Obama Wait?
There are two important fiscal dates coming up in February: February 12 and February 15. February 12 is the scheduled date of Obama’s State of the Union speech, which is also Lincoln’s birthday. It...
View ArticleFree Will and Capitalism
The question of additional taxes on the wealthy is really a liberty and equity issue, impinging on the very entrepreneurial environment that made our country great. At the heart of any monetary...
View ArticleObama: It’s Okay to Break the Law When It Comes To Submitting a Budget
Under law, the White House must submit a budget this year by February 4. According to the Hill, Late Friday evening, Deputy Director Zients confirmed that for the fourth time in five years, the...
View ArticlePolitifact and WaPo Claim Sequestration was Obama’s; Obama Once Vowed Veto to...
Is anyone else getting a little bit tired of the President of the United States continuing to blame Republicans for sequestration? Time for some flashback — On November 21, Obama gave a speech...
View ArticleDebunking the Myth of Social Security Solvency: What the Trustees Report...
Faithful devotees on the Left continue to peddle the notion that Social Security is not in crisis, that it doesn’t contribute to the deficit, and there is no need for reform. However, reading through...
View ArticleThe Golden Opportunity Time Between 65-80
Everyone thinks they can retire at age 65. It’s an American ideal born in the last century with the rise of unions, the defined benefit plan, and generous pension systems. In reality, especially due to...
View ArticleSeblius on Obamacare: This is the Law of the Land (except when it’s not)
Eye-opening words of HHS Secretary Sebelius yesterday: “This is no longer a political debate; this is what we call the law,” Sebelius told a group that includes Democrats and Republicans, elected...
View ArticleHurricane Sandy, Government Machinations, and Congressional Finances: One...
What a year it has been since Hurricane Sandy hit the US on October 28-30, 2012. The size and scope of Superstorm Sandy is a perfect analogy of the the fiscal ineptitude that has churned up in Congress...
View ArticleHow To Solve Detroit’s Pension System Problem In One Easy Step
The NY Post had a good piece today by William McGurn on the state of the union (pension system) in Detroit, making the case for Detroit to switch to defined contribution plans for their union workers....
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