Posts Tagged ‘ taxes ’

Free Lunches, Money from Nothing and Limits to Government Theft

Sep 4th, 2009 | By Linda Brady Traynham | Category: Featured, Politics
Consider economics and governments as resembling a restaurant. In order for there to be a restaurant at all some entrepreneur has to put his money and vision on the line and open it. He has a thing called "overhead," which is irreducible on-going expenses whether he has any customers at all ...read more


Taxing to Better Mileage?

Jun 17th, 2009 | By Matt Insley | Category: Energy, Featured, Oil, Politics
There I was, surrounded by thousands of barrels of Kentucky’s finest -- seemingly, enough bourbon to get every of-age taxpayer in the U.S. a little tipsy. By any stretch of the imagination, this place was paradise. Rolling hills as far as you could see and the air was thick with ...read more


Taxing Tobacco

Jun 10th, 2009 | By Linda Brady Traynham | Category: Featured, Investing Strategies, Personal Liberties
The great financial minds in Washington are at it again, starting another war.  As usual, it is "for our own good" and will make twenty-eight per cent. of the adult population miserable while destroying a large industry and reducing tax revenues sharply.  Does legislation get any better than that? This time ...read more


Whence the Money for Gonverment to Waste?

May 4th, 2009 | By Bill Bonner | Category: Featured, Macro Economics
Finally…we’re back in London. We left at the beginning of April…went to San Diego and Los Angeles…then to Buenos Aires and Salta…then to Paris for a few days.. and now we’re back. London is cold and rainy…just like we left it. Not exactly home…but it will do. But what’s this? The City ...read more


Dreams of the Maestro, Gold and Inflation

Apr 16th, 2009 | By Dan Denning | Category: Featured, Gold, Macro Economics
Don't ask us why the Maestro showed up in our dream. He just did. So we took the opportunity to ask him a few questions. We've reconstructed the conversation as best we can. "Maestro...you hardly look yourself. It looks like twenty years have dropped from your face. It must be liberating ...read more


Meet the Regulators of Team USA Economy

Mar 23rd, 2009 | By Samantha Buker | Category: Featured, Macro Economics, Politics
Just back from a week in LA, where I scoped out UCLA's Center for Social Theory and Comparative History lecture on Economic Meltdown: Causes and Consequences. Call it a History Dept. vs. Economics Dept. smackdown. (More on that in a future Shot). I'd have gotten you some student attendee commentary -- ...read more


The Power to Tax Is the Power to Destroy

Mar 20th, 2009 | By Bill Jenkins | Category: Featured, Personal Liberties, Politics
We watched in dismay as the unemployment numbers soared again last Friday -- a massive loss of 651,000 jobs in February. Thank God it was a short month... But let's put this into perspective. In December, the non-farm payroll (NFP) figure was 577,000 jobs lost. In January, the NFP figure was ...read more


Taxing Consumption, Not Production: Ethical Foundations

Mar 19th, 2009 | By David Eichler | Category: Energy, Featured, Morning Whiskey, Oil
A small community of people on a desert island would probably ration its resources very carefully, but would surely allow anyone who so volunteered to put as much time and effort as he wished into being productive, for whatever compensation he could negotiate with the others. The principle applies to ...read more


History Rhyming: Gold, Government and Taxes

Nov 21st, 2008 | By Gary Gibson | Category: Featured, Gold, Macro Economics, Politics
Society functions best when each individual minds his own business…literally. When concerns are local and governments miniscule — just doing modest things like protecting property rights and enforcing contracts — then things generally work out for the best. When governments get ambitious and each citizen seeks ...read more