By marfdrat on August 28, 2014
This is from a couple of years ago, but the premise is the same: folks who argue that the rich ought to “give back” (that is, pay taxes) at a higher rate than the rest of us are misinformed on a couple of key points.
By marfdrat on July 26, 2014
I’m constantly amazed at the economic ignorance of some of our solons in the Congress. Dick Durbin thinks Walgreen’s is unpatriotic, or something, for considering moving the company to Switzerland to reduce their U.S. tax burden. Has Mr. Durbin ever considered that the U.S. corporate tax rate (one of the highest in the world) is maybe too high? Corporations don’t have patriotic obligations to the countries in which they’re founded. They do, however, have an obligation to their shareholders – to maximize the value of the enterprise. Reducing their tax burden is one way to do that. I’m guessing that Walgreen’s customers don’t care one whit about where the company is incorporated; they just want their prescriptions and other sundries to be conveniently located, and purchased at the lowest price possible.
By marfdrat on May 28, 2013
Of course he is. Hell, he’s probably befuddled as to why all of us who work hard to make a living don’t want to pay more to support the nearly 50% of the population that don’t pay any income taxes. A progressive Democrat that has only ever worked as a lawyer or a legislator probably wouldn’t understand a corporation following the letter of the tax law to pay as few taxes as possible to maximize the value of his company for the shareholders. Yeah, that’s just crazy talk.
By marfdrat on April 6, 2013
Leave it to a bunch of know-it-all liberals to decide for you when you’ve saved enough. What Wile E. Obama and the ACME Economic Destruction Co. want is the taxes; more fuel to throw into the giant insatiable maw of leviathan.
By marfdrat on March 10, 2013
I wonder if they’re having such issues in other states. We’ve already filed (using a professional) this year, but were contemplating using TurboTax in the future. This may cause us to reconsider.
By marfdrat on March 1, 2013
Wile E. Obama, CEO of the ACME Economic Destruction Co. is busy telling anyone who will listen that the budget cuts automatically enforced by sequestration will be a disaster. Cutting 2.2 percent of our enormous federal budget will precipitate disasters on many fronts, and -of course- it’s the Republican’s fault. Charles Krauthammer examines how the inside-the-beltway crowd wants the benighted masses to think about it. Thanks to increases in the payroll tax, we all get to tighten our belts this year, but the government – there’s no way it can survive these cuts.
Posted in Economics & Politics | Tagged acme economic destruction co., budget, cuts, deficit, federal spending, firemen, Government waste, meat inspectors, obama, overlap, sequester, taxes, teachers, TSA, waste, wile e obama | 1 Response
By marfdrat on February 21, 2013
And, this is news to whom? Apparently to the lapdog media, who doesn’t report on such things if they make the Dear Leader look bad. Consequently, they aren’t reporting on much of anything that’s substantive these days. And, just this week, we learn that Wile E. Obama and the ACME Economic Destruction Co. wants to spend ANOTHER $50 BILLION on stimulus projects. Sheesh.
By marfdrat on February 11, 2013
This would be laughable if it weren’t so sad. I would think, just maybe, that our $16.5 TRILLION debt would keep a rational man from making a statement like that, but then there isn’t much rational about Wile E. Obama and the ACME Economic Destruction Co.’s economic agenda. Bring on the job-crushing environmental mandates! Increase those corporate taxes! Hire more IRS agents to make sure Obamacare penalties get collected! We’re “Poised for Growth!”
By marfdrat on January 21, 2013
That somewhere else could be another state, or a state of retirement. Mickelson cites legislation that raised the state tax rate to 13.3% on incomes over $1 million as the reason he severed ties with a group that owns the San Diego Padres.
By marfdrat on January 14, 2013
Tim Cavanaugh of Reason examines the first-term track record of Barack Hussein Obama (mmmm, mmmm, mmmm), and concludes that what’s coming the second term of the Petulant Boy-King is going to suck for the vast majority of the benighted masses (that’s you and me, friend). Between regulatory excess, Obamacare, executive orders, and and ever-growing federal deficit (hey – we don’t have a spending problem!), four more years of this stands to put us in pretty bad shape.
Posted in Economics & Politics | Tagged acme economic destruction co., bad news, barack hussein obama, big ideas, federal regulations, getting it good and hard, mmmm mmmm mmmm, obamacare, Regulation, taxes, wile e obama | Leave a response
By marfdrat on January 8, 2013
Gore sold his Current TV network to Al Jazeera just before the end of the year. The staff’s first meeting with their new owners didn’t leave them feeling very good about the whole thing:
By marfdrat on January 7, 2013
George Will thinks so. If you look at his logic -which involves the number of Democrats who voted to make most of the Bush tax rates permanent- it looks pretty solid (my bold emphasis).
By marfdrat on January 4, 2013
By marfdrat on January 3, 2013
Well, most of you. And, the less you make, the more it will hurt. The payroll tax reduction, which -as part of the stimulus- took the rate from 6.2% to 4.2%, has expired. This tax affects everybody, but it has a cap – so people who make a lot of money only pay it on the first $113,700 of earnings.
By marfdrat on December 31, 2012
I don’t really think people making $400,000 per year are “wealthy.” It’s all symbolic, and it doesn’t do shit to reduce the deficit. Theater. Spending cuts? Where are they? It’s all BS.