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GE's Crony Capitalism: The Saga Continues
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Blog

GE's Crony Capitalism: The Saga Continues

The other week, I blogged here about G.E.'s crony capitalism tactics that take advantage of tax code loopholes and other special treatment for big corporations by big government.  FreedomWorks has long been beating the drum against rent-seekers like GE and Duke Energy, so it was a little surprising that yesterday's  New York Times article, "G.E.'s Strategies Let It Avoid Taxes Altogether,"

03/25/2011
GE Cronies Cuddle Up to Tax Code
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Blog

GE Cronies Cuddle Up to Tax Code

Business Week does a great job of outlining GE's tax code shenanigans. In sum, the company has laid out big money to powerful DC lobbyists to take advantage of and keep various breaks and loopholes in the tax code.  This isn't anything new or particularly surprising, but it is a great example of what happens when you have a toxic combination of a long and complex tax code and rent-seeking corporations who have been able to carve out special treatment at the expense of individuals.

02/28/2011
Scorecard on Government Spending
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Blog

Scorecard on Government Spending

Recently, President Obama reiterated the necessity for increased government “investing” in our economy.  The way the President’s argument is shaped it seems like government has been standing out of the way, back in the shadows, just waiting to emerge amidst the calamity created by an unfettered deregulated private sector.  The only way we will be competitive in the successive years, of course, is if we spend more taxpayer money on liberal pet projects and “invest” in special interest groups slobbering to indulge in the government subsidy trough.

02/07/2011
Think Tank Studies in Real Life
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Blog

Think Tank Studies in Real Life

It's not everyday that we get to see the hard work of free market researchers and analysts demonstrated so vividly.  That's why this post is so special.  Because, on the very same day that the Mackinac Center for Public Policy published this paper on the striking relationship between smuggling and cigarette taxes, we have this story about a man caught trafficking 193 untaxed cartons of cigarettes.

12/17/2010
Video: Balance the Budget Without Hiking Taxes
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Blog

Video: Balance the Budget Without Hiking Taxes

Cato Institute Scholar Dan Mitchell has a new video explaining that it is easy to balance the budget without raising taxes on anyone. In his video, he explains that we must rein in excess government spending. According to Mitchell,

10/07/2010
Sign the Petition: No Lame Duck!
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Blog

Sign the Petition: No Lame Duck!

Rumors are swirling in Washington, D.C. about a potential "Lame Duck" session that could be held right after the November elections and before the new Congress is sworn-in. If liberals are thrown out of power in Congress this election cycle, the pressure will be that much greater and Harry Reid and Nancy Pelosi will pull out all the stops as a last gasp to enact their socialist agenda. Specifically, the far left will be doing whatever they can to: 1. Pass the Cap and Trade Energy Tax Hike! 2. Slap American Taxpayers with another "Stimulus" Bailout Scheme!

06/30/2010
FreedomWorks to Senate: Remove Job Killing Taxes from H.R. 4213
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Press Release

FreedomWorks to Senate: Remove Job Killing Taxes from H.R. 4213

Dear Senator,

06/23/2010
Obama tries to sell Gulf (snake) oil
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Blog

Obama tries to sell Gulf (snake) oil

For today's reading, may I suggest my article for Human Events about President Obama's prime time speech last night regarding the Gulf oil spill. Clearly, the man has adopted Rahm Emanuel's exhortation not to let a crisis go to waste. See "Obama Sells Economic Snake Oil", Ross Kaminsky, HumanEvents.com, 6/16/10http://www.humanevents.com/article.php?id=37519

06/16/2010
Taxing in a Recession?
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Issue Analysis

Taxing in a Recession?

Earlier this month, Pennsylvania Governor Ed Rendell proposed new tax increases to shrink the upcoming 1.7 billion dollar budget deficit. Governor Rendell has already resorted to Orwellian tactics. In an effort to collect from people who owe back-taxes, the Governor proposed an amnesty program which reduces the penalties and half the interest will be waived before the June 18th deadline. The State spent three million dollars in advertisements for this program, and the video is ‘Big-Brother-esque’ warning citizens “We know who you are.”

06/14/2010
Help Stop Tax Hikes in New Mexico
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Press Release

Help Stop Tax Hikes in New Mexico

Last week state legislators in New Mexico failed to pass an operating budget for fiscal year 2011 so they are now in a special session to get one passed. Thankfully, limited government advocates have been able to hold the line on higher taxes and are refusing to burden the working families of New Mexico further. Unfortunately, those calling for higher taxes haven’t backed down either. Your representatives and senators need to hear from you today.

03/04/2010

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