Tag Archives: tax reform

Next up: Tax Reform

Hopefully the tax reform law to be adopted by Congress in the coming months will closely resemble The Better Way Tax proposed outline by Congressmen Paul Ryan and Kevin Brady on June 24, 2016. Their plan would be revenue neutral … Continue reading

Posted in News and politics, taxes | Tagged , , , , , , , | Leave a comment

Econ 101 – Jobs and Income Growth

At long last the economy has more or less reached full employment. The December 2016 unemployment rate was 4.7 percent while the Federal Reserve’s assessment of normal full employment (NAIRU—non-accelerating inflation rate of unemployment) is 4.8 percent. More over, wage … Continue reading

Posted in Economics, Government, News and politics, trade, Uncategorized | Tagged , , , , , , , , , , | 1 Comment

My Political Platform for the Nation – 2017

For me, the ideal American government would deliver its important but limited functions efficiently and effectively and would raise the money to pay for these activities with efficient, minimally distorting (neutral), and fair taxes following a principle of maximum subsidiarity … Continue reading

Posted in Banks, Economics, Government, Money | Tagged , , , , , , , , , , , , , , , | 1 Comment

Trump the Terrible

To say that Trump’s future presidency promises to be a mixed bag, while true, seems increasingly too kind. On the positive side there seems to be a very good chance of a truly monumental tax reform. House Ways and Means … Continue reading

Posted in Government, News and politics, Uncategorized | Tagged , , , , , , , , | 4 Comments

Keep it limited and keep it simple

The first and second rules of good government The price of liberty is eternal vigilance. We can never remind ourselves of this fact too often. As I have written many times, government by its very nature is a slippery slope. … Continue reading

Posted in Economics | Tagged , , , , , , , , | Leave a comment