Category archive: Taxes

Taxpayers and Tax Spenders

By Chuck Rogér Let’s examine a stunning facet of human nature: When people get something free, they want more of that something even if it means hurting other people. A recent study conducted by the Mercatus Center finds that “when the tax-price of federally provided benefits is zero, people demand more, even when funded with [...]

Progressives and Their Taxes Kill Cities

Originally at American Thinker By Chuck Rogér High taxes are bad for cities.  Low taxes encourage growth.  In fact, between 1980 and 2007, compared to the ten most-taxed metropolitan areas, America’s ten least-taxed metropolitan areas experienced three times faster population growth, 2.7 times faster employment growth, and twice as great an increase in personal income. [...]

The Twisted Budgeting ‘Logic’ of an Obama Liberal

Originally at American Thinker By Chuck Rogér President Barack Obama believes that small businesses should pay for big government programs. Just ask the President’s Teasury secretary, Timothy Geithner. Pushed for an explanation of Obama’s insistence on raising taxes on families earning $250,000 or more (encompassing a large portion of businesses that could provide many jobs), [...]

Barack’s box of leeches

The Clear Thinking blog is on hiatus and will return with new posts on July 18, 2011. Meanwhile, here’s an oldie originally posted October 22, 2008. By Chuck Rogér Starry-eyed healers who drain blood to cure an ailing body don’t notice little side-effects—like the death of the patient. On securing the Democrat nomination, Barack Obama [...]

By Chuck Rogér Updated from post originally in American Thinker on April 7, 2011 The name for this post could have just as fittingly been “Economic Ignoramuses in Wonderland.” As you read, picture in your mind Ayn Rand’s mousey Atlas Shrugged character Wesley Mouch, the top dog at the novel’s Bureau of Economic Planning and National [...]

If it quacks like a liberal…

By Chuck Rogér Only about 20% of Americans see themselves as ideologically “liberal” (1, 2). In recent Rasmussen polls, surveys of likely voters found that: 22% think that tax cuts hurt the economy; 26% believe that less government spending hurts the economy; 23% claim that raising taxes helps the economy; 24% say that government spending helps the [...]

Liberals, taxes, and spending: There are no coincidences

If you are a person who believes in self-reliance, accountability, and facing the consequences for decisions and actions, then you probably believe as 80% of Americans do, that taxpayers should not be penalized for Congress’s irresponsible behavior. But liberals? Liberals are another matter altogether. A recent Rasmussen poll shows that 20% of Americans are willing to [...]

Did President Obama just sign his own pink slip?

Or is the President’s reversal on tax policy merely a blip on the road to his 2012 reelection? Barack Obama campaigned on a promise to “spread the wealth around.” The spreading, he preached, would be “good for everybody.” Obama supported and was supported by the Working Families Party, which believes in “making the wealthy pay [...]

During a Fox News Channel discussion panel, columnist Charles Krauthammer claimed that extending the Bush tax cuts would provide a huge stimulus to the economy in 2011. My wife looked at me and said, “Wait a minute. Pause that,” referring to the DVR-recorded installment of Special Report with Bret Baier that we were watching. See, [...]

Discussing the lame duck Congress’s tax rate debate, Washington Post columnist E. J. Dionne complains, Rather than allow the debate to focus on an old tax measure from the beginning of the decade, Obama and the Democrats should have sought early on to replace the Bush tax cut. Their proposal could have shifted the tax [...]

U.S. unemployment has risen from its previous many-month level of 9.6%. According to the Bureau of Labor Statistics: The unemployment rate edged up to 9.8 percent in November, and nonfarm payroll employment was little changed (+39,000)… Temporary help services and health care continued to add jobs over the month, while employment fell in retail trade. [...]

How much does it take to be ‘rich,’ and why is anyone even asking?

Should government steal a higher percentage of income from “rich” people than from less-wealthy taxpayers? The New York Times discusses the “more basic matter of fairness, whether a person who earns more than $200,000 a year should be taxed at rates similar to those who make $5 million.” The implication is that it would be [...]

Erasing America: Barack Obama’s Motivation and Method

Originally in American Thinker, October 7, 2010. “It took time to free the slaves,” proclaimed Barack Obama during a recent speech aimed at salvaging support for his fundamental transformation of America. Our president, a man who views the world through an oppressed-versus-oppressor lens, puts an agenda of economic destruction on moral par with the emancipation [...]

Taxes and ‘progressive’ dishonesty

President Obama is blithely ignoring the devastating economic implications of allowing the Bush tax cuts to expire during a severe recession. Economist Art Laffer, creator of the Laffer Curve, writes: Anyone who is familiar with the historical data available from the IRS knows full well that raising income tax rates on the top 1% of [...]

Earlier this week, we looked at something called the Moocher Index and learned that the willingness of people who don’t need financial aid to accept aid anyway is concentrated on both coasts of the United States but is particularly strong in the Northeast. Curiously, the states who have the most unfriendly tax structures also lie [...]

Amerifornia, here we come

In Chief Executive magazine’s survey of “Best and Worst States for Business 2010,” an introductory summary observes: Californians pay among the highest income and sales taxes in the nation, the former exceeding 10 percent in the top brackets. Unemployment statewide is over 12.2 percent, higher than the national average. State politics seems consumed with how [...]

Behavioral control of the people through the ‘value-added tax’

Corporations pay zero income tax. Corporations send checks to Uncle Sam. But the checks simply reflect the additional revenues that the corporations must collect from consumers in the form of price adders required to fund those checks. If you’ve never thought about corporate taxes in this manner, now would be a good time to start. [...]

Daft enlightened people are here to stay: more wealth envy

In “Super Wealthy Deathly Afraid Estate Tax Would Reduce Deficit,” überliberal Bill Scher spews wealth envy venom all over the Bush tax cuts, insisting that the wealthy must “pay their fair share. Wealth redistribution zealots like Scher take it on themselves to decree what is “fair.” In America today, one out of every ten taxpayers [...]

A tortured liberal mind takes on the economic crisis

Even in my early misguided “liberal” phase I never bought into certain aspects of the liberal worldview. You are about to be exposed to the ramblings of a lost soul caught in full-bore emotional flail. I have tried to not sound nasty in this post. In a February 23 Financial Times article, one John Plender [...]

Barack Obama’s fiscal behavior is staggeringly irresponsible — and stunningly two-faced. The Heritage Foundation’s Brian Riedl writes: After harshly criticizing President Bush for running $3.3 trillion in deficits over eight years, President Obama’s budget would run $7.6 trillion in deficits over what would be his eight years in the Oval Office. Moreover, President Obama would [...]

Once again the head progressive zealot has gotten taxation fundamentally backwards. If the 2003 tax cuts had really benefited only the “rich,” then why is it that reversing them brings in seven times more federal revenue than instituting new taxes only on those same evil rich? Concerning President Obama’s 2011 budget, Cato Institute Senior Fellow [...]

Without outwardly intending to, German philosopher Peter Sloterdijk describes the United States after 22 years of post-Reagan socialistic orgy laid atop the socialistic base set in place by Woodrow Wilson, FDR, and LBJ. The modern democratic state gradually transformed into the debtor state, within the space of a century metastasizing into a colossal monster—one that [...]

Healthcare ‘reform’ means never missing an opportunity to raise taxes

Pay particular attention to the first tax increase on this list prepared by Americans for Tax Reform. Individual Mandate Tax(Page 324/Sec. 1501/$15 bil/Jan 2014): Starting in 2014, anyone not buying “qualifying” health insurance must pay an income surtax according to the higher of the following (page 71 of manager’s amendment updates Reid bill):   Single [...]

Disgusting populist politics

Blaming big bad business, such as banks, for the recession is nothing new. Democrats and even some Republicans have been doing this since September 2008. But Obama’s persistent tactic of slamming the bankers for both causing and now extending the recession is getting old. The Wall Street Journal says: Now, amid Democratic panic over 10% [...]

Liberals would gladly kill prosperity to achieve ‘harmony’

More than 233 years ago, Adam Smith recognized that an investor “would be apt to abandon the country in which he was exposed to a vexatious inquisition, in order to be assessed to a burdensome tax, and would remove his stock to some other country where he could either carry on his business, or enjoy [...]

Seven red flags for the United Socialist States of America

The first article in this series can be found here. Last time we touched on the ideas of two clear thinkers, 20th century Austrian-born economist Friedrich Hayek and 19th century French philosopher and historian Alexis de Tocqueville. Both predicted the temptations to which fairness mongers would succumb if loosed on a democracy receptive to their [...]

For Parts I & II, go here & here. Fairness mongers have a habit of wishing away truths that debunk their “progressive” take on human nature. In particular, incompetence masked by pretentiousness drives progressives to resent people who achieve—becausethose people achive. Inside, deep down inside, progressives sense their own inferiority, their utter inability to understand human nature as [...]

Conservatism’s window of opportunity opens again

The 1930s: America turns left during the Great Depression. December 7, 1941: A entire people fixate on a goal. The 1960s: LBJ’s left turn after JFK’s assassination. November 4, 1980: Ronald Reagan euthanizes Carter’s presidency and interrupts Johnson’s feel-good failures to remind Americans that people must experience life how they choose, not by government fiat. [...]

Barack’s box of leeches

Starry-eyed healers who drain blood to cure an ailing body don’t notice little side-effects—like the death of the patient. On securing the Democrat nomination, Barack Obama proclaimed that Americans will “look back and tell our children that this was the moment when… the rise of the oceans began to slow and our planet began to [...]