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The Big Squeeze…States looking to Internet Sales Tax for Revenue

September 18, 2010 1 comment

With more and more state governments going into the red, they are looking to the internet for generating additional revenue streams.  NBC has an article on the matter with one paragraph that I think sums up the mentality of government and why it is our best interest to limit it’s size.  That paragraph is below (emphasis mine):

Sales taxes or similar levies have always been in place on most online purchases in most states. But they are almost never paid. And with their budgets in crisis, states are more determined than ever to get their share.

This is so typical of government in thinking that your money, your tax dollars are theirs. What they fail to understand is that the lack of sales tax is one of the main reasons why consumers look to the internet for purchases. When the government discourages that, you will see a drop in the activity online and the smaller, independent businesses will be the first to feel the effects.

I would suggest that rather than looking at taxing to close and budgetary gaps in the state governments, they should first look at how they can trim down size and reduce the cost of government. But hey, that is just a little too much common sense for the government.

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It’s all about confidence!

September 16, 2010 Leave a comment

If you listen to the Marxists progressives on the far left, you would be left thinking that more and more spending by the government is the only way to stimulate the economy.  They claim that building roads, bridges, trains, the very infrastructure that forms the backbone of this great land will create jobs, which in turn will generate consumer spending and pull us out of the quagmire we are in.  Let government “prime the pump.” Well, if  only it were that simple. You might want to sit down for this one:

CITY CONTROLLER RELEASES AUDITS OF HOW LOS ANGELES HAS USED FEDERAL STIMULUS MONEY

$111 Million in ARRA Funds Has Only Created 55 Jobs So Far

Continuing her efforts to ensure that taxpayer money is spent efficiently and effectively, City Controller Wendy Greuel released two audits today of how the City of Los Angeles has used American Recovery and Reinvestment Act (ARRA) funds. The audits looked at the how the two departments that have received the largest amount of ARRA funding so far – the Department of Transportation (LADOT) and the Department of Public Works (DPW) – have used those funds and how many jobs were created. Los Angeles becomes the largest City in America to conduct an audit of how ARRA funds have been expended.

DPW has received $70.65 million and created or retained 45.46 jobs, though they are expected to create 238 jobs overall (the fraction of a job created or retained correlates to the number of actual hours works). LADOT has been awarded $40.8 million and created or retained 9 jobs, though they are expected to create 26 jobs overall. Overall, the Departments have received $111 million in federal stimulus funds out of the $594 million the City has been awarded so far and created or retained 54.46 jobs.


Turn on the printing presses at the Treasury, we’re going to need it at this pace!  55 jobs! Nice job Obama.

The only way to ensure that we emerge from the depression in which we find ourselves is to restore confidence in the market.  Restore confidence in small business.  Restore confidence in the very people that can save us; the producers.  Unleashing the brilliance and ingenuity of man will allow the God given talents and abilities shine.  Confidence in the future is door we must open; liberty is the key that will unlock it.

The choice this November couldn’t be any clearer

The sleeping giant is awake and in Delaware

September 15, 2010 Leave a comment

An incredible thing happened yesterday in Delaware, something that I never thought I would see in my life time. The courage that the voters displayed in the GOP primary is refreshing and should be instructive for us all. Despite the numerous predictions of the overwhelming odds against Christine O’Donnell in the race for Delaware senator, the people spoke…loudly!

The Washington GOP and establishment just don’t seem to get it yet. They don’t seem to understand what is transpiring outside the bubble that surrounds Washington. Yet the people know and refuse to back down. The American people are no longer on the sidelines and the sleeping giant has awaken. The GOP better get a clue, or they will be left behind when the train leaves the station.

You can donate below to O’Donnell’s campaign

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Government Incompetence at its Finest

The incompetence of the government is on full display with the rejection of the Dutch in the early days of the spill and then compounded by the tentacles that government wraps around everything. The rejection of the help from the Dutch is not the real story here, but rather the reasons why.

From the Financial Post (emphasis mine):

Why does neither the U.S. government nor U.S. energy companies have on hand the cleanup technology available in Europe? Ironically, the superior European technology runs afoul of U.S. environmental rules. The voracious Dutch vessels, for example, continuously suck up vast quantities of oily water, extract most of the oil and then spit overboard vast quantities of nearly oil-free water. Nearly oil-free isn’t good enough for the U.S. regulators, who have a standard of 15 parts per million — if water isn’t at least 99.9985% pure, it may not be returned to the Gulf of Mexico.

Enjoy the read!