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Calculate How Your Taxes Will Change in 2011
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Blog

Calculate How Your Taxes Will Change in 2011

On January 1, 2011, the largest tax hike in American history may arrive. Unless Congress takes action, Bush-era tax cuts that were enacted in 2001 and 2003 will expire at the end of 2010. According to Cato Institute scholar Chris Edwards: The Bush tax cuts substantially reduced tax rates for people in every income group.

07/26/2010
The Fight For School Choice in Pennsylvania
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Blog

The Fight For School Choice in Pennsylvania

Despite the fierce opposition from powerful teachers’ unions, the school choice movement is growing across the nation. Most recently, Pennsylvania State Senator Anthony Williams (D-Philadelphia) introduced the Opportunity Scholarship Act (SB 1405) that would expand educational options for children.

07/26/2010
Extending Unemployment Benefits Will Extend Recession
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Blog

Extending Unemployment Benefits Will Extend Recession

Today, President Obama signed legislation to extend unemployment benefits. Congress claims this measure is both necessary and beneficial. Art Laffer wrote an excellent piece in the Wall Street Journal a couple weeks ago explaining why such claims demonstrate flawed and dangerous thinking. Extending benefits will extend unemployment.

07/23/2010
Lost in Taxation
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Blog

Lost in Taxation

Personal Freedom and Power 106:  Funding GovernmentGovernment is not, as some people like to say, a necessary evil; it is not an evil, but a means, the only means available to make peaceful human coexistence possible. But it is the opposite of liberty. It is beating, imprisoning, hanging. Whatever a government does it is ultimately supported by the actions of armed constables. If the government operates a school or a hospital, the funds required are collected by taxes, i.e., by payments exacted from the citizens.  -Ludwig von Mises

07/23/2010
New Regulation Threatens Mining Industry
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Blog

New Regulation Threatens Mining Industry

Congress has introduced a resolution entitled “The Miners Safety & Health Act of 2010” that threatens to devastate the mining industry. This legislation creates burdensome new regulations and begins a government takeover of mine management. Defeating this legislation is essential to preserving the industry and the market forces that drive it.

07/22/2010
The Definition of Insanity (A Response to Rep. Carolyn Maloney)
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Blog

The Definition of Insanity (A Response to Rep. Carolyn Maloney)

Albert Einstein once said that insanity was “doing the same thing over and over again and expecting different results". Under this definition, most members of Congress could be classified as insane, especially when it comes to solving the financial crisis. 

07/22/2010
Great New Book to Checkout: "Spread the Wealth"
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Blog

Great New Book to Checkout: "Spread the Wealth"

There's a great new book out there that anyone who wants a better understanding of the roots of today's fiscal crisis and what we can actually do about it should checkout.  It's written by David Breuhan and it's called "Spread the Wealth: More Haves, Fewer Have Nots."  Breuhan is a money-manager and has taught Austrian economics at the graduate level.  He has a keen understanding of the implications of trade restrictions, high taxes, deficits, and spending and is able to put it in simple terms that anyone can understand.

07/22/2010
Restore the Estate Tax
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Blog

Restore the Estate Tax

Democracy and Power 103:  Government money In general, the art of government consists in taking as much money as possible from one party of the citizens to give to the other. – Voltaire (1764)

07/21/2010
No Wine Shall Be Served Before Its Time--
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Issue Analysis

No Wine Shall Be Served Before Its Time--

Click here for a .pdf version of the paper.   No Wine Shall Be Served Before Its Time— At Least Not Without Wholesalers Taking a Cut

07/21/2010
Columbia, SC Alert: Biden Coming to Town for Tea Party July 23
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Blog

Columbia, SC Alert: Biden Coming to Town for Tea Party July 23

 Of course,  Vice President Joe Biden, might not be planning on coming to Columbia, SC for a tea party, but that's what he's going to get.  On Friday, July 23 Biden will be in town with Rep. John Spratt to dedicate the new USC library and participate in a fundraising event for Spratt. Join us!

07/21/2010

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