California Official: The Government Should Tax Emails

Leave it to California to come up with all the smart ideas. Does the government need some more money? Don’t cut spending, impose a new tax! If the government tapped into the internet’s industry with a tax, they could bring in billions each year. During a March 5th meeting, Berkeley City Councilman Gordon Wozniak suggested … Read more »

The Sequester And Chicken Little

Would you like an economic lesson in government spending cuts? Try this exercise. Sit down and plan a trip to Disney World for you and your family. Make a budget of $20,000 to take this trip (never mind that you don’t have that much money to spare, just follow along with me). And then, forget … Read more »

We’re Already Over the “Fiscal Cliff”

Newsflash, folks. We’re already over the so-called “Fiscal Cliff”. As of today it’s been 1,311 days since the Senate has passed a budget. Let’s take a quick refresher course on Government 101. The House originates the budget bills. Once they pass the House, they go on to the Senate. Once passed there, it goes to … Read more »

The Cat And Mouse Game of Federal Budgeteering

Here we go playing the cat and mouse game again. Republicans want desperately to make themselves seem like anything but Democrat-lite, and they are failing miserably. Laurence M. Vance notes in Key Elements to a Successful Federal Budget: Yet another federal budget charade is now in progress. This time for fiscal year 2013, which begins on October 1, … Read more »

It’s The Spending, Stupid!

For everybody yelling about the 1% not paying their “fair share” of taxes, I’ve got news for you: It’s not the taxes that are the problem; It’s the spending. Recently we heard that the Buffett Rule failed to pass the Senate 51-45. Supporters of the so-called Buffett Rule, which would set a minimum 30% federal … Read more »

Obama’s Goose Egg Budget

In a rare showing of bipartisanship, President Obama’s $3.6 Trillion budget was soundly defeated by the House of Representatives, 414 to 0. That’s 0… as in goose egg. Even Nancy Pelosi voted against it. It would be easy for one to find examples throughout history of bills that have unanimous support for, but against? This is either … Read more »