Showing posts with label Taxes 2013. Show all posts
Showing posts with label Taxes 2013. Show all posts
Monday, December 30, 2013

North Dakota Railroad Involved In Accident Causing Oil Inferno Is Wholly Owned By Warren Buffett

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The New York Post has the story here , but never mentions Warren Buffett, who has become richer off transportation of oil by rail because hi...
Thursday, December 19, 2013

Libertarians At Forbes Completely Misrepresent The Mortgage Interest Deduction

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Here : The mortgage interest deduction (MID) is the largest personal tax deduction on the books and is widely considered one of the most sac...

Largest Sums Of Federal Revenue Forfeited Because Of The Tax Code, Joint Committee On Taxation, 2012-2016

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$706.6 billion: exclusion of employer contributions for healthcare, health insurance premiums and long term care insurance premiums. $596.0 ...
Thursday, November 7, 2013

GDP For Q3 2013 At 2.8% Annualized In The First Estimate, Released Today

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click to enlarge The report in pdf from the Bureau of Economic Analysis may be found here . The average report of GDP in 2013 now stands at ...
Monday, October 28, 2013

So-Called Conservative Supporters Of Illegal Alien Amnesty To Meet Tonight In DC

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Bloomberg has the story, here , naming the following so-called conservatives and right of center groups in attendance to launch a lobbying b...
Monday, October 21, 2013

Vindictive CNSNews.com blames Speaker Boehner for $3 trillion jump in total public debt

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Here : Thus, all spending and borrowing by the federal government are the de facto and de jure—n.b. constitutional—responsibility of the Hou...
Friday, October 18, 2013

Hey Mark Levin! Who Got The Bush Tax Cuts Made Permanent Under A Democrat President?

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John Boehner, you ingrate. George Bush couldn't do that even with control of the House and Senate.
Friday, October 4, 2013

Obama Wants A Debt Default To Discredit His Opposition?

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So suggests JT Young, who makes a plausible, although strictly political argument, here , for why Obama might want a debt default: [T]he las...
Wednesday, October 2, 2013

Don't Ask, Don't Tell Used To Be "The Law Of The Land" Too, But That Didn't Stop Democrats From Trying To Repeal It

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Rich Lowry in The New York Post, here : Having done the deed, Democrats now expect Republicans to salute smartly, accept “the law of the lan...
Tuesday, October 1, 2013

ObamaCare Will Force Millions More Into Medicaid, And DENY Them The Right To Buy Private Insurance

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It will deny them because ObamaCare-compliant plans will simply be too expensive for them to afford, and those will be the only ones availab...
Monday, September 30, 2013

Total Public Debt Outstanding Kept At $16.738 Trillion By Treasury Dept. For Four Months!

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I can't show you all of the data because the format is too long for me to capture it all in a single screen shot. All of June, all of Ju...
Sunday, September 29, 2013

Most Of The Free-Rider Problem Is An EMTALA Problem, Not A General Healthcare Problem

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Maybe a guy who can't count shouldn't mess with your health insurance. One good  estimate of the cost of uncompensated hospital and...
Monday, September 2, 2013

Stereotypical Federal Spending Wei Tu Hai

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Federal outlays from fiscal 1985 through 2012 are up 274%, from $946.3 billion in 1985 to $3,537.1 billion in 2012. Federal receipts have la...
Saturday, August 17, 2013

Kudlow Is Right That Obama's Glorious Immediate Post-War Never Existed, But Completely Misses The Spending Cut Angle

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Larry Kudlow, here : [S]peaking in Galesburg, Ill., this summer, Obama served up a convenient historical fairy tale: "In the period aft...
Friday, August 16, 2013

The Immorality Of Keynesianism Explained In A Thought Experiment

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From the conclusion of Jeffrey Dorfman for Forbes, here : "Actions by private individuals that are not beneficial to society do not sud...
Wednesday, July 3, 2013

Inequality! Obama Delays ObamaCare Penalties For Big Business, But Not For You.

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Time reports here : The delay deprives the federal government of a year of penalties that would have been paid by companies that do not meet...
Sunday, June 9, 2013

Nolan Finley Of The Detroit News Wants To Junk The IRS, And The Income Tax

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THIS IS NOT NOLAN FINLEY Here : "[R]eplace the income tax with a national sales tax. You’d pay tax on the money you spend instead of th...
Monday, June 3, 2013

How To Become Fat Like The Government

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h/t Scott
Friday, April 26, 2013

Big Deal: Debt To GDP Ratio Comes In At 105%

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The debt  as of 4/24/13 was $16.7943 trillion. GDP in the latest report was $16.0102 trillion. So the one divided by the other yields 1.05,...
Wednesday, April 24, 2013

Rich Liberals Pay People Under The Table. Doesn't Everyone?

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The Washington Post has drunk the KoolAid offered up by The New Yorker that there is an enormous underground economy out there where child...