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Category Archives: Economics
Anne Tyler Is My Favorite Author
I have an unusual attachment to Anne Tyler’s novel, The Accidental Tourist. I first read it when I was in my mid-twenties and newly married, but for some reason, I could identify with the protagonist, Macon Leary. Macon is a … Continue reading
Posted in Economics, Musings, U.S. Politics, Uncategorized
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America Great Series: My Proposed Individual Income Tax System – Sort Of
Here’s what happened. I decided to propose my own individual income tax plan with the intention of closing two-thirds of the federal deficit. Later, I would propose changes to the business income tax system designed to close the other third … Continue reading
The America Great Series – Intermission (i.e., Summary to Date)
After all that research and pretty detailed blog posts about federal spending, budget resolutions, and presidential candidates’ tax plans, it seems to be time for a break. We’ve hit intermission. It’s time to leave your seats, go out to the … Continue reading
Part III-D-2: Let’s Look at All the Presidential Candidates’ Tax Plans (America Great Series; Taxes, Economy & Jobs)
In my last post I created five hypothetical families at different income levels and calculated the federal taxes paid, or refunded as a credit, by each household with the current tax code for 2014, and with the flat tax proposed … Continue reading
Part III-D-1: How Would Ted Cruz’ Flat Tax Plan Affect Federal Income Tax Revenues (America Great Series; Taxes, Economy & Jobs)
Update: During subsequent research into the presidential candidates’ tax plans, I found a page from the Tax Foundation which contained additional information on the Cruz Flat Tax Plan. The differences to what I had used are: the standard deduction is … Continue reading
Part III-C: A Look at How Job Creation is Effected by Tax Cuts and Increases (America Great Series; Taxes, Economy & Jobs)
Fair warning – this is going to annoy a few people. There is not a lot of agreement among economists on how tax cuts stimulate the economy or tax increases dampen it. But it is also a political and ideological … Continue reading
What Happened in 2014 in McPherson County, Nebraska?
I’m going to make a bold statement here. The federal government is useful & necessary, and the country would have a difficult time functioning with a much smaller version. Why do I make such a statement – because I like … Continue reading
Posted in Economics, Musings, U.S. Politics, Uncategorized
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A Shift in How to Help the Less Fortunate
In 1988 there was a short-lived television series called Probe staring Parker Stevenson and co-written by Isaac Asimov. My wife & I may have watched all 7 episodes, or perhaps just the first one, but the plot of the pilot … Continue reading
Posted in Economics, Musings, Religion, U.S. Politics, Uncategorized
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National Debt Nightmares
I tossed and turned in my sleep last night. I generally sleep well when I have had a fruitful day, and I finished the very difficult post on the 2016 Congressional concurrent budget resolution (H.R. 114-96) shortly before going to … Continue reading
Part III-B: An Evaluation of the Concurrent Resolution on the Budget For Fiscal Year 2016 (America Great Series; Taxes, Economy & Jobs)
“Uncle … Uncle … UNCLE!” I give up – you win, Congress! That’s how I feel after trying to figure out the federal budget. That is also what you might be saying after trying to read through this post. I … Continue reading
A One Man Think Tank 