All posts in Politics & Economics
The EEOC Increases Burdens on Business
Some business owners have voiced concerns about the Obama administration’s excessive regulation of small businesses. The health care burdens imposed by the Affordable Care Act on such businesses are an obvious example of such regulation. But much less attention has […]
New Basis-Reporting Laws Make Life Easier for the IRS
When people sell shares of a stock, they must figure out their cost basis in the shares they sell so that they can calculate the gain or loss on the sale. Determining the basis of the shares sold can be […]
Investors Race to Avoid Climbing Tax Rates
The close of 2012 saw a flurry of tax-motivated activity, as investors sought to minimize their tax burden. After President Obama won re-election in November 2012, the expiration of the Bush tax cuts became a possibility. If they had expired, […]
Domestic Oil Production Increases, But Does President Obama Deserve Credit?
February 2013 saw the highest level of domestic oil production since 1992. The United States is currently producing almost as much oil as it imports. While President Obama has attempted to take credit for this surge in production, several facts […]
Media Obsession with Rubio’s Sip Is Misplaced
In giving the Republican Party’s rebuttal to President Obama’s State of the Union address, Florida Senator Marco Rubio took a sip of water in between lines. Various pundits seized on this “gaffe” as though it were the death knell for […]
Despite Hype over Spending Cuts, Government Continues to Grow
The spending cuts and tax increases in January 2013 “fiscal cliff” legislation are viewed by some as taking a tough approach to runaway federal spending. However, a recent Investor’s Business Daily article, relying on the Obama administration’s numbers, points out […]