For lack of a better title
My wife and I spent a small fortune on our accountant’s fees and taxes this week (from the WSJ: “Joel Slemrod, an economics professor at the University of Michigan, estimates that the time and money individuals spend on tax compliance now comes to about $90 billion a year.”) Because we have one income and five [...]
Filed under: Government, Money by Michael
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David Bergman made a 1,474 megapixel (yes, that’s 1.5 gigapixels) image of Barack Obama’s inauguration. This remarkable photo is a panoramic composite of 220 individual photos–quite something! Here’s the photo and here’s the story.
Filed under: Government, Photography by Michael
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Stephen Moore, writing in the WSJ, offers this:
Some years ago when I worked at the libertarian Cato Institute, we used to label any new hire who had not yet read “Atlas Shrugged” a “virgin.” Being conversant in Ayn Rand’s classic novel about the economic carnage caused by big government run amok was practically a job [...]
Filed under: Business, Government, Reading by Michael
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You know your country’s tax system is messed up when… businesses scramble to SPEND MONEY at year’s end to reduce the TAXES they’ll pay on their PROFITS.
How about a system that encouraged investment and saving? Is it possible that the system has played a part in the current recession and credit crisis? Probably. At this [...]
Filed under: Business, Government by Michael
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Detroit will get its bailout, midst chides from pols. Washington could stand to take a dose of its own advice:
Congress has been suitably tough in its advice to Detroit, calling for “a complete restructuring” of our failing auto makers. But how about restructuring Washington? The federal government is a giant Rube Goldberg machine that not [...]
Filed under: Business, Government by Michael
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