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The Roberts Obamacare majority once more saves a bad law

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The Judicial Branch’s highest court seems oblivious to the fact that it is not judicial activism to overturn unconstitutional law The Supreme Court, in a 6-3 decision, upheld a rather unique legal principle on Thursday – that despite what words are actually written into a law, they don’t necessarily mean what they actually say. That’s the logic a majority of justices – led by the chief justice, John Roberts – applied when ruling in favor of the White House when affirming that Obamacare-related taxpayer subsidies are valid in states that chose not to set up an exchange. The primary argument, ...

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Blue States Don`t Care How High Taxes Go

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Tax and revenue and public policy can either reward citizens and businesses or punish them A swath of liberal pundits recently have been delighting over news that conservative Kansas Gov. Sam Brownback’s income tax cuts have resulted in state budget shortfalls, and that Brownback and the Republican-dominated state Legislature wound up proposing, and passing, historic sales tax increases in order to close a yawning gap. See, they all seem to be saying, we told you: More taxes, not less, is the “right way” to govern. Russell Berman’s critique at The Atlantic was typical of the panning: All that new revenue, ...

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Would the solar industry even exist without taxpayer subsidies?

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The solar industry, like the wind industry, will take off on its own – or not – but it will all depend on whether there is a consumer demand for it, not whether a government program exists to subsidize it Most political observers know that President Obama, progressive that he is, believes that Man’s activities (and cattle flatulence) are two factors working in tandem to destroy the planet. As such, he has made it his mission to extinguish as many industrious, productive sectors of U.S. economy as he can, in order to “save us” from ourselves. In addition to that, ...

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Of developed countries, U.S. relies most on income taxes for revenue

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The more we can diversify streams of income to the government, the more we may be able to simplify the tax code in a way that is economically beneficial and that eliminates the class warfare rhetoric By John Wood Much has been made by conservatives and liberals alike of the imbalances of the tax code in the United States of America. The nature of the imbalance observed, of course, tends to differ quite dramatically from right to left, with conservatives arguing that the tax burden is placed disproportionately on higher income earners via our progressive tax code, whose wealth is ...

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The U.S. government spends more than India makes in a year

2016 budget

As the Center for Competitive Enterprise and other organizations have consistently shown, the federal government, via overregulation and overreach, has created a self-serving monster with an insatiable appetite for the wealth Americans produce If you really want to put federal outlays and expenditures into perspective, there is nothing like comparing them to, say, the entire gross domestic product of very large great-power nations. According to the latest annual snapshot of U.S. government outlays by the Competitive Enterprise Institute, if U.S. federal regulation were a country, it would be the 10th largest economy in the world, just behind Russia but ahead ...

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Small businesses to Republicans: Don’t cut corporate taxes

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Small business groups have done the bidding of big business for so long that the current conflict may be temporary Can it be that America’s small businesses are finally waking up to the fact they’re being screwed by big businesses? For years, small-business groups such as the National Federation of Independent Businesses have lined up behind big businesses lobbies. They’ve contributed to the same Republican candidates and committees favored by big business. And they’ve eagerly connected the Republican Party in Washington to its local business base. Retailers, building contractors, franchisees, wholesalers, and restaurant owners are the bedrock of local Republican ...

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U.S. tax policy punishes marriage

family

Marriage is vital to the health of our society, as studies have shown, yet everywhere the institution is under attack from the Left By John Wood The institution of marriage is a vital institution, for reasons far beyond merely the happiness of the individuals involved. Marriage helps ensure social stability. It does this by facilitating the growth of healthy families. It also does this by acting as the fundamental economic unit upon which healthy families are built. Study after study has shown that married couples, (and couples who wait until marriage to begin having children), are economically far better off as ...

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