Federal Budgeting, Deficits and Debt

How to Eat an Elephant How does one eat an elephant?  The answer, of course…is…one bite at a time.  It is such a simple and obvious answer.  If you have something massive, break it down into small Budgetparts.  This is not really wisdom or insightful.  It is not particularly astute.  In fact, the concept to break down a large project i...
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Income vs. Consumption Taxation

IRSThe Sledge Hammer or the Scalpel Since 1913 Americans have had a love-hate relationship with the income tax.  As federal spending has grown from 2.5% of GDP in 1913, to 10% of GDP during the New Deal era, to 19% (average spending) of GDP during post WWII era and finally to 23% (average spending) of GDP during the age of Obama, the Income...
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The Problem with Mitt

Romney speach If Mitt’s negatives are not stagnating his support, perhaps his positives are too weak?  Mitt was a governor in a state that required him to work across the aisle.  He was a very successful turnaround expert that despite Speaker Gingrich’s twisted assaults did create thousands of jobs.  He has managed large...
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Defending the Income Tax – Are you nuts?

In the most recent Republican debate, candidate Herman Cain came under fire for his 9-9-9 plan.  It was astounding to hear conservatives attack an alternative to the income tax.  The income tax, given to us by the progressive movement, has become the most twisted mangled piece of legislation known to man.  The current system allows almost half the population to pay nothing, “directly”, for their government, plus any company or special interest group with lobbying money can obtain a special carve...
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