Tax event horizon
I was going over some 2010 candidate web sites today deciding who is going to get last-minute long-shot donations (some of which aren’t looking like long shots any more), and I saw this on Sean Bielat’s web site:
Taxation must be fair, efficient, effective and limited. Increasingly, our government is moving away from these priorities. The current tax code is rife with exceptions, loopholes and complications. It places undue burdens on both individuals and corporations, and it has created an industry of tax attorneys and tax accountants. Ordinary citizens should not have to hire experts to complete mandatory tax forms!
Where have I heard that before?
Simple, obvious, and unobstructive: minimize the value-minus of taxes
The GAO estimates that overall, it costs 20% of taxes to pay for taxes. That’s crazy inefficient. Think of what we could do with an extra 20% either in taxes or in the economy!
Simplifying taxes saves time and money throughout the tax chain. Both individuals and businesses expend too much time and money complying with our complex tax system—time and money they could use to create more products, buy more products, or hire more people. Removing tax complexity doesn’t just make individual lives easier, it makes our economy stronger by freeing our businesses to focus on their actual business. They can hire more people within their industry instead of having to hire more (expensive) tax compliance specialists.
We are rapidly reaching a tax-event horizon, where so many people rely on taxes being complicated that it will be impossible to do anything other than watch them get more and more complicated.
Sean Bielat is running to replace Barney Frank in the House. On the list of politicians responsible for our current economic mess, Frank has to be in the top two.
These races are besides the more obvious ones like Allan West in Florida, Sharron Angle in Nevada, and our own Carly Fiorina here in California.
| Sean Bielat | MA 4 |
|---|---|
| John Dennis | CA 8 |
| Mattie Fein | CA 36 |
| Star Parker | CA 37 |
John Dennis’s campaign against Nancy Pelosi in California’s 8th district is a bit of a long shot. But it’s a shot worth taking, if only because of Pelosi’s philosophy that you pass bills first, then find out what’s in them.
By the way, I prefer the Ace of Spade’s slogan for Sean Bielat: When he’s not killing terrorists, he’s building robots. Which also kill terrorists.
- Frank Under 50%: Ace at Ace of Spades HQ
- “Does no one in Frank’s district even care that he built the bomb that blew up the world's economy?”
- John Dennis for Congress
- “A platform of freedom to defeat Pelosi.”
- Mattie Fein for Congress
- “Some Members of Congress are eager to hike taxes to support government spending sprees at the expense of credit to private enterprise. Every dollar taxed is a dollar diverted from businesses and households. At current tax rates, the government is taking our paychecks and salaries until Wednesday or Thursday of every work week. Taxes should be made fair and simple. Hard work should be rewarded and indolence discouraged.”
- Nancy Pelosi, Wicked With of the West at John Dennis for Congress
- “Throw some water on Nancy Pelosi! Donate, volunteer, and vote for John Dennis!”
- Sean Bielat for Congress
- “It’s time for a change—just look at the current state of the economy, or our political leadership’s focus on redistributing wealth rather than creating prosperity, or the idea that government should be continually expanded to address any and all problems. We need legislators who embrace their responsibilities under the Constitution and represent the values and needs of their constituents. Our Congress should be of the people and for the people. We need new leadership in Congress and a new voice for Massachusetts.”
- Simple, obvious, and unobstructive: minimize the value-minus of taxes
- There is no value-added in taxes, but we can minimize the loss of value.
- Star Parker for Congress
- “…despite the political spin in Washington, this is nothing more than a smokescreen to impose a tax on business that will hurt not only businesses, but particularly distributors, and will ultimately hurt the consumer.”
More California
- California never had a free market power failure
- California’s experiment in free market power generation has become mythological in how it is remembered. The left is desperate to tar it as a free market failure. But California’s experiment wasn’t free market. It was a massive government-managed exchange practically designed to cause high prices.
- Can Californians drink a train?
- The meme goes that even if we’re wrong about global warming, the money spent will still make the world a better place. That is only true if you can drink a high-speed train.
- California threatens Amazon, kills affiliate programs
- By this time, California had to know that its new law would not bring in new tax revenue. The tax headaches aren’t worth the trouble of maintaining affiliate programs. The only reason to pass the law was to kill affiliate programs at places like Amazon and Overstock. I don’t understand; what is it about affiliate programs that states don’t like?
- Sometimes you wonder, other times you expunge the vote
- California state assembly so proud of vote they… erase it from the public record.
- California eminent domain reform: 98 or 99?
- Thanks to Ilya Somin on the Volokh Conspiracy for explaining why proposition 98 is the one that needs supporting.
- 10 more pages with the topic California, and other related pages
More Election 2010
- Don’t mess with the deck chairs, fix the boat!
- Advice for the incoming House. Make them deny it! And don’t try to fool us by changing the deck chairs.
- End of media; to delete this media…
- There will be a crisis: but this time they got caught manufacturing their crisis. And it’s a crisis of a most despicable kind: falsely tying a candidate to child molestation.
- San Diego’s proposition D: tax first, reform afterward
- San Diego’s proposition D is an attempt to raise taxes and then reform—which is, of course, an attempt to raise taxes and not reform anything at all.
- Nick Popaditch debates Bob Filner in CA-51
- Popaditch comes off as far more responsive to the needs of the community in this debate.
- There will be lies
- The media takes a blunder by Coons on the first amendment—and outright changes what both candidates said to make it look like a blunder by O’Donnell.
- 10 more pages with the topic Election 2010, and other related pages