Thirty-seven years ago, 7 justices on the U.S. Supreme Court took the issue of abortion out of the hands of the American people and stuffed it in the penumbras and emanations of the constitution. It’s been a political football ever since. Yesterday, a federal judge took the issue of gay marriage out of the hands […]
I mentioned Moody’s chief economist Mark Zandi of the “unemployment benefits are really stimulative” last week to point out the ridiculous nature of his claims. Well, Geoff over at Innocent Bystanders took a look at Zandi’s report and finds that – suprise – government spending doesn’t have a multiplicative effect on the economy greater than […]
In tomorrow’s Wall Street Journal Arthur Laffer has an excellent op-ed where he asks the following question: 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 income earners will most likely reduce the direct tax receipts from the now […]
An oft-ignored bit of insanity in the health-care bill was the expansion in the use of IRS form 1099. For those of you who don’t know what it is, a 1099 has been used for as long as I can remember for businesses to report money paid to independent contractors. I got a 1099 from […]