Tag Archives: taxes

Property Confiscation Is Coming

Outright property confiscation by governments is something that’s ardently disparaged here at the Economic Prism.  There’s no justification we can rationalize for state sponsored theft.  This includes penalizing those who are young and healthy with a disproportionate burden of a … Continue reading

Posted in Government Debt, MN Gordon | Tagged , , , , , , , | Leave a comment

Ten Things to Expect from Obamacare in 2014

Ten Things to Expect from Obamacare in 2014 By Elizabeth Lee Vliet, M.D. It’s been clear to anyone paying attention that the October “rollout” of Obamacare has been a turbulent, confusing disaster.  Sloppy IT systems and technological failures combined to … Continue reading

Posted in Elizabeth Lee Vliet, M.D., Politics | Tagged , , , , , | Leave a comment

Detroit Bankruptcy Uncovers Disastrous Pension Fund Fudge Factor

Detroit filed the largest municipal bankruptcy case in U.S. History last Thursday.  Then, on Saturday, Helen Thomas bit the dust.  No doubt, both passing were long overdue. As far as we can tell, the demise of Helen Thomas and Motor … Continue reading

Posted in Government Debt, MN Gordon | Tagged , , , , , | Leave a comment

Your Summer Tax Increase

Oil prices are holding above $106 per barrel.  What gives?  Wasn’t all the oil fracking supposed to increase production and decrease price? So far, part of this equation has come to be.  In fact, the Energy Information Administration’s weekly report, … Continue reading

Posted in Inflation, MN Gordon | Tagged , , , , | Leave a comment