Tag: Taxation

Happy Birthday, Tea Party! »

October 16, 2014, marks the 241st anniversary of an event that helped launch the American Revolution against King George III, eventually leading the thirteen colonies to independence from the British Empire. On that same fall day in 1773, the first public assembly to protest the Tea Act convened in Philadelphia. (The more famous Boston...
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Berkeley’s Free Medical Marijuana Plan Shows Economic Thinking Has Gone to Pot »

In 1996, California passed Proposition 215, making it the first state to legalize medicinal marijuana. Its passage, however, did not trump federal law, under which cannabis remains illegal as per the Controlled Substance Act. Due to this illegality on the federal level, private insurance companies, as well as state programs like Medi-Cal, do not...
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Obamacare Tax Merry-Go-Round »

Get a load of how Obamacare health-insurance premium taxes work. According to Medicaid Health Plans of America: “This situation results in the federal government taxing itself and taxing state governments to fund the higher Medicaid managed care payments required to fund the ACA health insurer fee.” It look me a few times to get...
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CalPERS Approves 99 New Ways to Spike California Public Pensions »

Today, in yet another act of fiscal irresponsibility, the California Public Employees’ Retirement System (CalPERS) approved a list of 99 types of extra pay that can be used to calculate pension benefits for state and local government employees. The supplemental pay includes extra money that public employees earn when they briefly fill higher-paying jobs....
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What Is to Be Done with Health-Insurance Exchanges, Post-Obamacare? »

Any time a Republican politician suggests that there is anything positive in Obamacare, the media are eager to declare that this means the Republican establishment is backing away from repealing the Affordable Care Act and wants to “fix” it instead. This, of course, is what most businesses and their lobbyists would prefer take place....
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Classifying America: Government’s Power to Define Is the Power to Discriminate »

In one of the most famous phrases uttered by a Supreme Court justice, Potter Stewart defended his ruling in an obscenity case (1964) by refusing to offer a clear definition. Instead, he stated: “I shall not today attempt further to define the kinds of material I understand to be [hard-core pornography]; and perhaps I could...
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“Risky Business” in Climate Change Policy »

Alicia Mundy writes in the Wall Street Journal of June 24, 2014, that a coalition of environmentalists and at least some of the many corporate cronies of the federal government are pressing a proposal to require private business entities to account for and to report to shareholders the risks to which they are exposed...
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Who’s Behind IRS Targeting? Don’t Ask NPR »

As I’ve mentioned before, “All the President’s Men” is one of my all-time favorite movies, depicting the heroic efforts of two cub reporters relentlessly pursuing a story of little interest to others until their efforts eventually resulted in bringing down the entire Nixon administration. When it was discovered in the course of the Congressional...
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Taxpayers Are Shocked to Discover That When They Vote for Government Services, They Have to Pay for Them »

Taxpayers in Austin, Texas, are upset that their property tax bills are rising. This article reports that taxpayer Gretchen Gardner is “at the breaking point” because of her increasing property taxes. Gardner says, “I have voted for every park, every library, all the school improvements, for light rail, for anything that will make this...
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Common Core: Raising the Bar-barians »

“Barbarians at the gate.” That’s what Arizona Superintendent of Public Instruction John Huppenthal called opponents of Common Core national standards earlier this month. His remarks are symptomatic of just how far elected officials within and outside Arizona have strayed from our Constitution, which doesn’t even contain the word “education.” Supporters claim Common Core will...
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