Thursday, September 18, 2014

Wage Wars

A series of protests partially funded by the Service Employees International Union (SEIU) sought to highlight the difficulty of low-wage workers. Workers across the country gathered over Labor Day demanding that they be paid no less than $15 per hour. President Obama, the man whose job is to make America a competitive economy globally, publicly sided against business owners when he stated, "America deserves a raise." Such a statement by the President of the United States shows that even he does not understand why the U.S. economy is flawed or how economics works. [more...]

Tuesday, September 16, 2014

Will America Erect an Iron Tax Curtain around us to Keep Corporations in?

In a powerful and profound Editorial this week, The Wall Street Journal presents new information from the Tax Foundation that America’s tax burden on businesses is nearly the worst in the industrialized world.  That’s right, America is ranked number 32 out of 34 of industrialized nations that are part of the OECD (Organization for Economic Co-operation and Development).  This ranking is from a new index that utilizes 40 tax policy variables in its index.  If that's not enough bad news, there are some who want to raise the taxes even further, and erect barriers for corporations that seek to flee America, looking for a reduced tax burden. [more...]