Tag Archives: Tax-cuts

The Digital Sovereign or SOV

By Patricia L Johnson and Richard E Walrath Most of us have heard of “Bitcoin”, but how many of us know anything at all about the SOV?  The SOV is a cryptocurrency soon to be released by the Republic of … Continue reading

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How Much Do You Know About the Bush Tax Cuts andTheir Impact on our Deficit and National Debt?

By Patricia L Johnson Each year the bipartisan Congressional Budget Office (CBO) completes a projected budget for the next decade. The CBO projection in 2001 for the 10-year period of 2002 through 2011 indicated budget surpluses totaling $5.6 trillion dollars1  … Continue reading

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The Effects of Tax-Financed Spending v. Debt-Financed Spending

By Patricia L Johnson and Richard E Walrath President Clinton was voted into office in 1992 and served for eight years. When he took over the office of President we had three tax rates, 15%, 28% and 31% and the … Continue reading

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Are Tax Cuts the Driving Force Behind Job Creation and Economic Growth?

Republican Presidential candidates would have us believe increasing taxes stifles job creation and economic growth in this country, but what does an analysis of economic indicators before and after tax cuts indicate? Proponents of supply-side economics believe economic growth is … Continue reading

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“Un bon croquis vaut mieux qu’un long discours,”

By Patricia L Johnson The above quote translated from French into English reads “A good sketch is better than a long speech” and is supposedly attributed to Emperor Napoleon Bonaparte 1769-1821. I can’t confirm whether or not he said it … Continue reading

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Only the Shadow Knows

By Richard E Walrath and Patricia L Johnson Jon Huntsman, former Governor of Utah and former Ambassador to China, announced his candidacy for the 2012 Republican presidential nomination on June 21, 2011 with the Statue of Liberty in the background. … Continue reading

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The Dog in the Manger

By Patricia L Johnson and Richard E Walrath “The gap between the rich and poor is increasing. Some are living to eat, while others are struggling to eat enough to be able to live.” ~ Anna Hazare [Given name Kisan … Continue reading

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What would Warren Buffett say to the National Commission?

By Patricia L Johnson and Richard E Walrath President Obama’s Executive Order of February 18, 2010 established the National Commission on Fiscal Responsibility and Reform whose mission includes: “identifying policies to improve the fiscal situation in the medium term and … Continue reading

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U.S. House Says NO to Extended Unemployment Compensation

The final vote on the Emergency Unemployment Compensation Continuation Act took place at 2:01 pm on November 18, 2010.  The following members, almost all Republicans, voted “Nay” which made it impossible for the bill to pass: Aderholt Akin Alexander Austria … Continue reading

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Do You Really Want to Know About Tax Cuts?

An opinion by Patricia L Johnson New legislation will be required in order to extend the tax cuts put into place by President G.W. Bush in 2001 [PL 107-16], otherwise they will expire at midnight on December 31, 2010. Recently … Continue reading

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