Bank error only buys trouble – This kind of story pops up every so often. A bank accidentally deposits thousands or even millions of dollars into someone’s account. That person then spends the money, claiming it was a gift from God. It’s not. It’s theft to exploit a clerical mistake and spend money that doesn’t belong to you. It’s no different than finding a lost wallet on the street. You’re supposed to turn it in to authorities and wait for the rightful owner to claim it. Sooner or later, the rightful owner of the money that was accidentally deposited into someone else’s bank account will discover that fact. This is also another reminder of how important it is to reconcile one’s bank account as often as possible.

Calif. Dems seek to tighten ‘yacht tax loophole’

Bush Spending–a Comparison With Reagan’s

Debating Reaganomics – Interesting debate between Capitalist Stephen Moore (head of the Club for Growth) and Socialist Robert Reich (Clinton’s Labor Secretary).

Some stock funds strike discordant notes

I want to be ready with a camera in case we get another visit from a bear. Last Sunday afternoon, one came right up to the bird feeders in front of my office window, but Sherry chased him away and he ran off through the woods before we could take his picture. In fact, he ran so fast, we couldn’t see if the old cliche about bears was true or not.

I was trying to learn how to work Sherry’s new fangled fancy digital camera and snapped a few shots while sitting at my desk today as Rush’s show was on. This one with him checking out my constant companion Hercules came out pretty nice, even in this much reduced web friendly size.

California Lawmaker Proposes Ban on Insurance Against Abusive Tax Shelters – I had wondered about these policies, effectively insuring against being caught breaking the law.

Roughly 10 Percent of Forms 1099 Erroneous This Year, Study Finds – With the mid-year change in the rates for dividends and long term capital gains, I’m surprised that the error rate is so low.

Retrospective on the 1981 Reagan Tax Cut

The Bush Tax Plan: How Big is the Tax Cut?

Hiking Taxes on Gasoline: Who Gets Hurt? – As always, the DemonRats hurt the groups they claim to be helping.

The Tax Man and the Moving Van: Fiscal Policy and State Population Shifts – I have always known that excessive taxes and regulations will motivate people to migrate to areas with lower taxes and fewer burdensome regulations. We did that in 1993 and I have worked with literally hundreds of others who have done the same thing. This study (full 19 page pdf report) has many more quantitative statistics on how many people have made the same kind of move. While each state’s change in population between 1995 and 2000 is shown, it is no surprise to see the highest growth in Nevada. I’ve lost track of the number of people I’ve known and worked with who have moved there, most often to the Las Vegas area.

Thanks to Ben Cunningham for passing this along.

I’ve seen stories of a drive to put Ronald Reagan’s picture on the ten dollar bill or a new gold coin. This other proposal is courtesy of Sacred Cow Burgers

Ameri-Debt Files For Bankruptcy – I guess scamming people who are in debt trouble doesn’t pay as well as it used to.

I have written and spoken countless times on one of my biggest pet peeves; the outright lies that are told about the effects of the Reagan tax cuts. The leftist media, and even some idiot RINOs, are afraid to tell the truth; that the lower rates signed into law by President Reagan (from 70% down to 28%) stimulated huge economic activity and actually doubled the Federal tax revenues.

His critics had no respect for the truth while he was alive; so it’s not surprising to see those same lies being tossed around now that he has passed. Their claim that the budget deficits of the 1980s were Reagan’s fault conveniently misses the fact that all spending bills were passed by the backstabbing lying DemonRats in Congress who reneged on their promises to control spending and went on a drunker sailor spending spree much like we have had in the past few years. Reagan, just the same as all other presidents, was frustrated with the lack of line item veto power, which most governors have. His choices were to either veto the entire spending bills and shut the government down or accept them in toto.

What has always been so puzzling to me is how anyone can have any faith in the media when they lie about such obvious things just because they despise Reagan and Bush so much. If they won’t tell the truth about obvious things, how can anybody possibly trust them to be straight with us on any issue?

Some people who have their facts right:

Reagan Tax insights and triumphs – Bruce Bartlett

We loved you, Mr. President – Jack Kemp

Reagan and Capitalism

Reaganomics Won the Day and the legacy lives on.

A taste for pork

IRS and State Partnership Moves Forward to Improve Compliance and Service – Maybe if our law enforcement agencies coordinated and cooperated as well together as the tax collection agencies, we wouldn’t be so at risk for terrorist attacks.