Category: taxation

  • As Goes Greece . . .

    As Goes Greece . . .

    When the bad financial news hit the world in 2008 Greece had a debt to GDP ratio of about 113%. That’s around where the US is right now, although with the monkey numbers all these countries use it’s hard to know how bad things really are.

  • How Your Stolen Money Makes Other People Rich

    How Your Stolen Money Makes Other People Rich

    This article in Business Insider talks about how some of our most popular – and lucrative – new technologies come directly from US Military research. Capital intensive research and development created LCD displays, lithium-ion batteries, signal compression, multi-touch screens, GPS and cellular technologies, to name a few. What the article does not illuminate is how […]

  • Government Job Creation

    Government Job Creation

    In their never-ending quest to garner enough votes to stay in power politicians have several time-proven tactics. One of these tactics is to promise that initiatives will “create new jobs” for the community. This is how a pure government program works. They announce there will be a new $100 annual tax. However, that tax will […]

  • Individual Responsibility And Why You Don’t Have It

    People from everywhere along the spectrum of political belief agree, or at the least pay lip service, to the idea of personal responsibility. Folks on the left of the spectrum say business leaders should have responsibility for the damage their companies do to people and the environment and not take bailouts. Folks on the right […]

  • Giving Politicians Credit for What They Do Well

    Career politicians aren’t in their profession by chance. Most of them are good at it. They either have the natural skills required or they have cultivated those skills over years of observation and practice. As a general rule, professional politicians have a higher than average social IQ. That is, they excel at relating to people […]

  • You Don’t Own Your Money

    We trade our lives for money. We do it every day. Most jobs are just an agreement to spend a specified amount of time and educated effort in exchange for a specified amount of dollars, euros, pounds or other fiat. So at the very least you would want to believe that after you trade away […]

  • Slave of the Month – June 2012

                  Occassionally we feature the story of a peaceful person who had half of his entire life’s production taken from him against his will and by force. These people are not African slaves from the nineteenth century, they are modern slaves who live next door to you today. You […]

  • Now You’re a Captive Cash Cow on the State Dairy Farm

    It’s always been tough for Americans. Unlike citizens of Spain, Germany, Australia, Canada and virtually every other developed country, Americans have to pay income taxes to Uncle Sugar no matter where they live and what they do. An American can leave his country and spend the next fifty years making a living in Timbuktu and […]

  • You Don’t Own Your Home and Never Will

    I’m not talking about the bank holding the mortgage on your home. Even if you think you own your home free and clear, you really don’t own it at all. You lease it from the State and it sets the terms and conditions that allow you to occupy the house or sell it to another […]