MicroGroks
Cities across America have been burning. There has been widespread looting. In the aftermath property owners who were defending their life’s work were beaten senseless. What we see taking place throughout the country has nothing to do with George Floyd. It is an attempt at a totalitarian takeover.
Is there such a thing as benefits of a principled tax burden? If there were; what would they be? Fact: taxes lower the economic welfare of citizens.
Today the CDC’s COVID-19 fatality rate is but a small fraction of its origins; guesstimate. The earlier number was used to justify the de facto suspension of the U.S. Constitution.
What are the principles of taxation we should follow? It’s our system we should have a voice, right? Come let us reason together. An appropriate tax system is one raising revenue only the core functions of government require. The fundamental principles of our neutral and effective tax system are: Simplicity: The tax code should be …
Democrats made hysterical assertions about reopening the economy, and blood on our hands. Their noise is proving to be hysterical wailing and gnashing of teeth. OMG… Democrats are petrified of the prospect of an economic recovery. But it may be out there.
We are about to find out whether American federalism is being put to the test or put to the sword. Illinois Democrats passed a state budget over the weekend. It kind of makes you wonder why New Hampshire’s legislature is still flubbing around.
Democrats in New Hampshire do not care about conflict of interest. They don’t care about it in DC. They don’t care unless they can use it to smear the opposition. Want an example?
Don’t we all dream of a system of fair and balanced taxation? But what the heck does that mean? Let’s see if we can work through the question to a solution.
If you are watching the state budget you understand there is a lot of red ink. Revenues for March were off in the neighborhood of 15%. In April revenues were off more than 35%, actually closer to 40%. In May revenues will be off by about 20%.
My dentist called today with a reminder for an upcoming scheduled appointment. We confirmed the date and time. Then the office worker said the practice requires patients to wear face masks. It made me pause for a moment.
