Posts Tagged ‘Taxation’


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Government Sinecure Santa is Scrooge with Taxpayers


Wednesday December 21st, 2016   •   Posted by K. Lloyd Billingsley at 4:28am PST   •   0 Comments

Maybe it is the season to be jolly, but California taxpayers are still getting over their sticker shock on higher property tax bills, and the extension of steep income-tax hikes that were supposed to be “temporary.” Governor Jerry Brown, a born-again tax hiker, promoted that extension and has also been playing the sinecure Santa…
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Pillage People Hold Lifetime Contract


Wednesday November 26th, 2014   •   Posted by K. Lloyd Billingsley at 5:40am PST   •   1 Comment

It may not be baseball season, but outfielder Giancarlo Stanton of the Miami Marlins has signed a 13-year contract for $325 million, reportedly the richest deal in the history of sports, at least in North America. That contract reflects the willingness of baseball fans to plunk down their money to see Stanton play. But…
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Grasping and Gasping at the Federal Budget’s Trillions and Trillions


Saturday April 16th, 2011   •   Posted by David Theroux at 3:10pm PDT   •   1 Comment

In a new article in the Philadelphia Inquirer, “Grasping budget’s billions and trillions: Incomprehensibly huge numbers mask real burdens,” Independent Institute Research Fellow Emily Skarbek (Director of the Government Cost Calculator) discusses the meaning and absurdity of the $3.8 trillion federal budget and the meaningless reforms being proposed. Taxpayers might have strong feelings about…
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Obama Understates U.S. Government Deficits by $2.3 Trillion


Friday March 18th, 2011   •   Posted by David Theroux at 5:59pm PDT   •   1 Comment

The Associated Press reports that the Congressional Budget Office (CBO) questions the claims of the Obama administration regarding projected budget deficits over the next ten years in which the White House overestimates tax revenues and savings from Medicare payments to doctors. A new assessment of President Barack Obama’s budget released Friday says the White…
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