Conversations on more than 50 actions to expand freedom in the United States
Occasionally there’s a book about the future that’s very important. Very few books about macroeconomics and financial markets are bestsellers, but let me tell you about one that is: ENDGAME by John…Continue
Started this discussion. Last reply by Christopher Mullaney Mar 29, 2011.
Research at the Harvard Business School found the following: "The average state experiences a 40 to 50 percent increase in earmark spending if its senator becomes chair of one of the top-three…Continue
Started May 24, 2010
We tax the manufacture of exports. We let imports come in tax free. Our tax system creates huge trade deficits and jobs overseas and kills jobs at home.
Donald Trump would renegotiate trade agreements. Hillary Clinton would oppose trade agreements she previously favored. Neither would solve the problems caused by a tax system that needs to be replaced, not reformed.
Instead of taxing payroll, corporate income and personal income, we need to tax consumption. Exports would become…Continue
Posted on July 25, 2016 at 12:03pm
TRUMPED! A NATION ON THE BRINK OF RUIN…..AND HOW TO BRING IT BACK
By David A. Stockman
………First there were seventeen. At length, there was one. And now there is even a chance he may become President.
Donald Trump’s wildly improbable capture of the GOP nomination and rise toward the White House is surely the most significant upheaval in American politics since Ronald…Continue
Posted on July 24, 2016 at 9:22am
Donald Trump says he would reduce America’s trade deficit and bring jobs back to the U.S. by renegotiating fair trade agreements.
The FAIRtax would do the same by taxing imports and eliminating taxes on exports.
The FAIRtax eliminates the 15.3% payroll tax, the corporate income tax, and tax compliance costs on goods manufactured in the U.S. and sold abroad. It imposes a 23% sales tax on goods imported into the U.S.
By taxing consumption instead of manufacturing, the…Continue
Posted on July 22, 2016 at 7:50pm
You Decide: Tax Income OR Consumption?
Federal tax reform is straightforward.
Make a single decision: tax income OR consumption?
You just made all the following decisions as well.
Tax what you earn OR what you spend?
What you put into OR take out of the economy?
Wealth creation OR wealth depletion?
Jobs, work, savings, investment and entrepreneurship OR spending?
Complex reporting by…Continue
Posted on January 20, 2016 at 5:30pm