Imagine that this asterisk is a unit of legislation: * This would be the amount of legislation produced by the United States legislative branch, Congress (i.e., the Senate and House of Representatives), and signed into law by President Obama (in the executive branch) in 2013. This represents about 800 pages of the Federal Register where such laws are recorded. That’s the way our system was designed: the legislative branch creates legislation, the executive branch signs it into law or vetoes it, and that was how laws were to come into being. Now compare that single unit with the laws that were created by the executive branch on its own without involving Congress: […]

FairTax 4: Losses


Tbe original poster wrote: “As a side-issue vaguely related to this, does anyone else detect a surge in the entrepreneurial spirit with people coming up with new ideas, putting them up on kickstarter, getting prototypes made through 3D printing or other means of manufactury, and not having to go through major corporations?” No. (I explained.) […]

FairTax 3: Draft and Poor Cards


The discussion ranged to include a possible permanent exemption from income tax for those who have served: “It COULD be a great incentive to get people to join, since we don’t have a draft.” […]

FairTax 2: Incentives


Another commenter in the FairTax discussion, and my reply:

[Y]ou’d expect conservative media to support a policy that shifts the tax burden off the rich – the opposite is the case. The Wall Street Journal ran a piece not so long explaining why “fair” tax is an bad idea. It was unexpected to say the […]

FairTax 1


A discussion I’m involved in on the MENSA site had one member independently think up the idea of replacing the income tax with a sales tax. He and I are very far apart politically (something he noted during the discussion), but I agree with him on this. There has been a proposal that is continually refined to accomplish exactly this, and it would end the IRS for good. Here’s their website, FairTax.org. And then the arguments started… One commenter needed the IRS: […]

Gas Attack


Charles Krauthammer has written favorably of adding more taxes to the cost of gasoline:

For 32 years I’ve been advocating a major tax on petroleum. I’ve got as much chance this time around as did Don Quixote with windmills. But I shall tilt my lance once more.

NB: 32 years ago, Dr. Krauthammer was […]

Presidential Economy


Do presidents really have an effect on the US economy? That question was put to me. Here’s my reply. The Clinton era was an utter and complete financial disaster — to the point where Republicans won the midterms in a landslide, and were able to force through tax reductions and other Federal constraints. […]

Paul Ryan’s Budgets

Paul Ryan, Republican representative from Wisconsin and the 2012 Republican candidate for vice president, is considering a run for president in 2016. Perhaps I should be happier about this, but I have some problems with Congressman Ryan… […]

Minimum Wage, Maximum Impact


I was challenged in another forum recently because I had indicated that fewer than 5% of the workforce was at minimum wage. She had heard differently: […]

Communist Failure Equals American Success


The communists at SocialistWorker.org are heartbroken, as right-to-work laws are allowing workers to make a choice about whether or not to join the union. And most horribly of all (in their minds it is “a nightmare”), people are investing and opening businesses and creating jobs as a result: […]