Tax Politics
The Politics of Taxes
Capital Gains and Fairness
Kamala Harris has just proposed a reduction in the capital gains rate increase that had been included in the Biden-Harris tax proposal. The reduction was from Biden’s 43.4% proposed rate to a 33% rate, both of which are ludicrous from an economic perspective. (Note...
Greed and Power: The Union Monopoly That’s Crippling American Ports
The International Longshore and Warehouse Union (ILWU) and the International Longshoremen's Association (ILA) have amassed ridiculous levels of control over U.S. ports, leveraging their historical influence, and union monopoly power to dominate port operations...
Market Decline
People have been asking about the reasons for the recent stock market decline. But the real question is: why has there been this run up recently in the first place? The Biden-Harris administration has benefitted from the situation that since before the pandemic, job...
What’s Right and Wrong about the 2024 GOP Platform
With Donald Trump as the nominee, the Republicans adopted a 20-point platform. Here's a rundown of the good, the bad, and the ugly: 1. Seal the border, and stop the migrant invasion This is absolutely correct, although the devil is in the details as to how this...
Stealing from the Poor to Pay the Educated: A Robin Hood Paradox
President Biden’s college debt forgiveness programs are not only illegal, but morally and ethically wrong, and economically stupid. It certainly has appeal to those whose debt is forgiven - after all, that is the payment for their votes. But to no one else. College...
Rogue Kamala Harris
A few years back when Kamala was chosen as the VP candidate, I compiled a list of Kamala foibles; now that she's the Democrat candidate for President, I decided to dust it off. It’s important to know that she had committed some rather egregious trespasses as a...