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
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
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
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