Shrink the State. End the Fed. Balance the budget. Make a profit. Leave an inheritance.
Gary North
Posted on April 17, 2014
Key members of the House Committee on Oversight and Government Reform expressed outrage at revelations made in newly released emails showing ex-IRS official Lois Lerner coordinating with the Department of Justice on prosecuting nonprofit groups. One committee member said the emails prove why the IRS is “scared to give up the rest of Lois Lerner’s […]
Continue reading →Posted on April 15, 2014
Best-selling author Brad Thor and his family are fleeing the progressive city of Chicago for Nashville. The reasons behind the move are pretty self-explanatory. Thor cited the high taxes and violent crime in Chicago as the main reasons for his departure, Twitchy first noted. To make his point, Thor linked to an article that states […]
Continue reading →Posted on March 27, 2014
President Barack Obama has spent more time traveling abroad than other U.S. president in history at this point in their presidencies, according to a forthcoming study from the National Taxpayer Union Foundation (NTUF) provided exclusively to Breitbart News ahead of its public release. “The most internationally well-traveled President, through five years, is also flying the […]
Continue reading →Posted on March 22, 2014
Hate paying taxes? Then consider a home on the range, and keep as far away from New York as possible. The tax burden the average American pays varies tremendously, and depends a lot on where you live, according to a study by financial social media company WalletHub. The study ranked all 50 states and the […]
Continue reading →Written by Gary North on March 20, 2014
It happened this week: a local school district thought it would get voters to approve of a one-cent sales tax increase to finance the public schools. The good old boys did not know that a few local citizens had hired the Tea Party’s most successful anti-tax, anti-bond issue local organizer to come to town and […]
Continue reading →Written by Gary North on February 24, 2014
Are things getting better? Are things getting worse? This question still divides the American Right. On the moral front, things are getting worse. On the economic front, things are getting better. It is true that median family income, adjusted for price inflation, slowed dramatically, beginning around 1974. But in the crucial areas of information and […]
Continue reading →Posted on February 8, 2014
The always insightful Americans For Tax Reform have an article up today breaking down the IRS’s plans for taxing our Olympic athletes should they receive a medal. Now I don’t know how much people know about Olympic athletes, but the majority of them make virtually nothing for the thousands of hours they put in training […]
Continue reading →Written by Gary North on January 21, 2014
Many people have heard about the 20-80 rule. This is Pareto’s famous law. Vilfredo Pareto was an Italian economist teaching in Switzerland in the late 19th century. In what remains the most important economics book never translated English, published in 1897, Pareto observed that the distribution of wealth in every European country he examined revealed […]
Continue reading →Written by Gary North on November 27, 2013
Warren Buffett came to a meeting of Detroit’s leaders. So did Lloyd Blankenfein of Goldman Sachs. It was time for cheerleading. Buffett pointed to the recovery of the American auto industry as the model. “Look what happened.” How did it happen? He failed to mention these factors: (1) federal government bailout money, (2) violation of […]
Continue reading →Written by Gary North on November 20, 2013
Probably the most successful conceptual error that is promoted by defenders of tariffs is this one: “Tariffs are good for the nation.” Tariffs, being sales taxes, are good for the national government, but they are not good for the nation. At best, they are less bad for the nation than a graduated income tax. But […]
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