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Category Archives: Finance
Obamacare Tax is the Other Half of Everything
Andrew Packer wrote “Obamacare Decision Says: ‘We Can Tax You on Anything – Whether You Buy It or Not‘” Well, yes, true. Yet his post, like all the others’ I’ve read, doesn’t capture the ugly symmetry in this Supreme Court … Continue reading
Southern California Edison Extortion
Southern California Edison electric company wants me to pay a $75 setup fee and $10 per month in order to NOT install new equipment. Can you imagine if the termite man was authorized to bill you to NOT come do exterminations? How … Continue reading
National Debt Doesn’t Matter Blather
Federal debt doesn’t matter. So say MIT and Univ of Connecticut professors Simon Johnson and James Kwak in their book “Thirteen Bankers: The Wall Street Takeover and the Next Financial Meltdown”. I recently read a review at the USA Today … Continue reading
I Am Not Taxed Enough – by Bill Gates and Warren Buffet
Warren Buffet and Bill Gates have been making noises about wanting higher tax rates. In a recent BBC interview Bill Gates said, “Well, the United States has a huge budget deficit, so taxes are going to have to go up. … Continue reading
Taxing Income or Assets
In a prior post, I talked about taxing in a “fair” way, and this drew my attention toward another question. Should we tax income or assets?