Interest payments and living in chronic debt, can destroy you, but the banking industry and credit card companies thrive when Americans live beyond their means, and what is within your means depends on how much you have left over after the government takes its taxes. Did you ever stop to [...]
(Please note this word "SCIENTER" before proceeding. Definition: "Knowledge, beforehand, of evil.") Apple Computer is now widely known to use a tax avoidance practice I call "The Jersey Shuffle." This practice is only feasible for large companies having operations outside the US. If you are interested in the nuances of [...]
The candidates and politicians proclaim, "Everyone* must have skin in the game!", and the audience cheers. But did you miss the asterisk? The asterisk says; *(Except me and my special interests.) I talk with people about the FAIRTax who say, "I could never support a regressive tax." But if you [...]
When they’re down and just begging to be kicked, there’s a tax for the working poor… The INCOME TAX!!!
Across centuries and nations, laborers or “Labor” has helped bring goods and services to market, in the broadest sense of the term. The lowest skilled of these have always commanded the lowest compensation. Among these were the Russian Burlakis or “boat haulers.” (Like the ones shown in this famous painting [...]
*Oliver Wendell Holmes Jr. Historically the American worker is the most generous in the world both in terms of numbers of givers AND amount given. The American worker gives like no other and when asked, gives even more. Recently I have been hearing people say “I like to pay my [...]
EVERY government program surely has its abusers. The Family Consumption Allowance (Prebate) will be no different, but one needs to measure it against the question “Will it be more or less corrupting to ambition and productivity in society than the existing system? Here are four common sense ways to conclude [...]