Let It Snow

The new Treasury Secretary seems to be on the right track in support of lower taxes.

In his own words

Larry Kudlow’s take

Davis recall is gaining traction

Wishful thinking. The GOP in the PRC ran such an incompetent campaign for governor last year, what makes them think they can do any better in a recall election against Gray-Out Doofus?

Out of Control Spending

While I believe it is completely unfair to blame the Federal deficit on the Bush tax cuts, it is perfectly justified to hold him responsible for not putting the brakes on Congress’ wild out of control spending. That is one of my few complaints about Ronald Reagan. His tax rate cuts produced record levels of tax revenues; but he didn’t use his veto power to stop Congress from spending like the classic drunken sailors. I’m not sure Bush is going to be any more effective than Reagan was.

I’m not alone in this opinion. It’s shared by:

Bill O’Reilly

Veronica de Rugy

Audits of wealthy could increase

Another reason to smooth out income between the 1040s and 1120s by using at least one C corporation.

Those in the boomer and later generations who don’t take steps to provide for their own retirement assets, including not paying in as much to the SSA, will have nobody to blame but themselves.

Tax Cut Quiz

This reminds me of the idiots who claim that money can’t be considered as income because of various lame arguments, such as it not being backed by gold.

Payday loans are mostly shark food

Tony Soprano should be using these loopholes.