Taxes, Regulation and Economic Performance

December 19, 2016 If people were to pick which issue was most important during the presidential campaign cycle, I bet most would say the economy. After all, the economy is the backbone of American life as we know it. So in that sense, it’s interesting to view...

The Government Gravy Train

December 12, 2016 An October survey of government workers revealed that 27 percent of them would consider quitting if Donald Trump became president, with another 9 percent unsure if they’d quit. Trump said he’d make government smaller and he might just...

What about the Deficit?

December 5, 2016 The election is over and the candidates covered a multitude of topics, both serious and nonsensical. But one thing they didn’t discuss was our current deficit. In 2016, we spent nearly $4 trillion. The bulk of it falls into five categories. First...

U.S. Nearing NIRP?

November 28, 2016 Historically speaking, an average economic expansion lasts 50 months, while an average recession lasts 10 months. The Great Recession ended in June 2009, putting us in the 90th month of expansion. History would suggest we’re nearing the end of this...

Real U.S. Tax Rates Near Highest in World

November 21, 2016 Donald Trump says the U.S. is one of the highest-taxed countries in the world. Hillary Clinton says the rich don’t pay enough. Who’s right? The top American rate is 39.6 percent. Those who disagree with the U.S. being a high-rate country point to...

A Path to Repatriation?

November 14, 2016 U.S. firms are holding $2.5 trillion in profits outside the country (“offshore”) and saving themselves from billions of dollars in taxes. And they refuse to bring the money home, also known as “repatriation,” because of our 35 percent...