Chris Banescu | January 11, 2010
Investor’s Business Daily | by Thomas Sowell | Jan. 8, 2010
Most intellectuals outside the field of economics show remarkably little interest in learning even the basic fundamentals of economics. Yet they do not hesitate to make sweeping pronouncements about the economy in general, businesses in particular, and the many issues revolving around what is called [...]
| Chris Banescu |
Capitalism, Economics, Taxation |
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Chris Banescu | January 8, 2010
American Thinker | by Thomas Sowell | Jan. 8, 2010
Politicians like Barack Obama try to make you believe that someone else will pay the tax he wants to impose. For example, President Obama said he will increase taxes only for those making more than $250,000 per year. Other politicians, at other times, have told us [...]
| Chris Banescu |
Economics, Government, Taxation |
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Chris Banescu | August 27, 2009
The Washington Times | by Richard W. Rahn | Aug. 26, 2009
Why does it appear France is bouncing back more quickly from the recession than the United States? France has long been known for having an economy that suffered from too much government interference, too-high taxes and destructive union activity. Yet it grew 1.4 percent [...]
| Chris Banescu |
Competitiveness, Economics, Government, Taxation |
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Chris Banescu | July 27, 2009
The message from Washington is clear and getting louder by the day. If you run a successful business you face excessive government regulations and higher levels of taxation for years to come. The more productive and profitable you become, the more you will be forced to pay for the privilege of operating in [...]
| Chris Banescu |
Competitiveness, Economics, Government, Taxation |
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Chris Banescu | July 13, 2009
American Thinker | by Daniel Salvaterra | July 12, 2009
North Carolina is a state with a huge budget deficit. It is one of the worst state deficits in the nation at $4.6 billion or 21% of the general fund budget for fiscal year 2010. In addition, North Carolina has the 5th worst unemployment rate in [...]
| Chris Banescu |
Taxation |
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Chris Banescu | May 20, 2009
Breitbart – Big Hollywood | by James Hudnall | May 10, 2009
There’s an old saying that says, “So goes California goes the nation.” As the world’s eighth largest economy, and one of the world’s richest, California is in many respects a microcosm of the US. It has geographical and population diversity. It has major industries [...]
| Chris Banescu |
Economics, Public Sector Reform, Taxation |
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Chris Banescu | March 3, 2009
It may come as a surprise that US companies pay the highest taxes in the world. Yes, you read that right! American businesses, large and small and across all industries pay from 35% to 41.6% of their income in combined state and federal taxes. The 41.6% maximum rate is scheduled to rise [...]
| Chris Banescu |
Competitiveness, International Business, Taxation |
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Chris Banescu | February 27, 2009
Wall Street Journal | Feb. 26, 2009
Take everything they earn, and it still won’t be enough.
President Obama has laid out the most ambitious and expensive domestic agenda since LBJ, and now all he has to do is figure out how to pay for it. On Tuesday, he left the impression that we need merely end [...]
| Chris Banescu |
Economics, Taxation |
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Chris Banescu | February 22, 2009
Investor’s Business Daily | February 19, 2009
The world’s leading maker of microprocessors plans to create 7,000 jobs in new and expanded plants that will churn out computer chips 30% more powerful than the current generation of chips. But California-based Intel won’t make them in California.
Instead, the company is expanding in Oregon, Arizona and New Mexico. [...]
| Chris Banescu |
Competitiveness, Economics, Taxation |
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Chris Banescu | February 18, 2009
The Wall Street Journal | February 17, 2009
If you thought Washington’s stimulus debate was depressing, take a look at the long-running budget spectacle in California. The Golden State’s deficit has reached $42 billion, Governor Arnold Schwarzenegger is threatening to furlough 20,000 state workers (go ahead, make our day), and as we went to press yesterday [...]
| Chris Banescu |
Economics, Politics, Taxation |
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