Political Equinox

If you haven’t heard of the FairTax, you really should check out the proposal. It’s a 23% national retail sales tax that replaces all current federal taxes including the income tax, payroll taxes, and corporate taxes, among others. In order to ensure that the burden of this taxation is not taken on by the lower class, the FairTax includes the prebate. The prebate gives money to every American family before the month begins up to the poverty level.

Bringing Capital Back Into America

Currently there are some $10 trillion dollars of capital that has been moved away from the United States into foreign assets in order to shelter these assets from the aggressive and oppressive United States tax laws.

All of this …

Tags: America, economy, FairTax, income tax, money, taxes

Yes, you read that right. America already has a system in which we pay for the healthcare of others that is deeply embedded into our economic system. We pay for it every single day without even realizing that we are covering the healthcare costs of our fellow Americans.

No, I am not talking about Medicare, Medicaid, or any other government sponsored healthcare plans. The universal healthcare I am talking about is employer-sponsored healthcare plans.

Let’s take a trip back to our high school economics class and take a look at how businesses price their products. All companies hope to earn money through the sale of their product or service, so they deduct expenses from the cost of the product and then you …

Tags: America, Barack Obama, economic system, economy, electronic health records, health system, healthcare, healthcare costs, medicare, medicare medicaid, money, obama, universal health care, Universal Healthcare

He’s arguably one of the biggest names in renewable energy lately, as over the past few weeks he’s attempting to make himself a household name with a $58 million advertising blitz. The man’s name is T. Boone Pickens, and the self-proclaimed oil man brings an interesting proposal to the table just months before the ever-important presidential election.

While you have to give the man credit for bringing a well-conceived proposal to the table of this perpetual brainstorming session, he only scores just over half. In short, his idea of revitalizing the middle portion of the country by bringing “green jobs” (Sorry, but I couldn’t resist throwing in a few words Hillary Clinton buzzword vocabulary) to rural towns and utilizing the wind …

Tags: America, Gas, Hillary Clinton, natural gas, Oil, president, presidential election, renewable energy, t boone pickens, wind power

Political statement or algorithm? I’ll give Google the benefit of the doubt and say algorithm.

Tags: Bush, george bush

Presumptive nominee Barack Obama promises a windfall profits tax on American Oil companies. He claims this will force them to bring jobs back overseas and that the proposed tax will help the middle class, but Obama seems to be missing a major point in the situation.

Like many companies in America, a majority of these companies are traded on a stock exchange, whether that be AMEX, NYSE, or NASDAQ. Therefore, when these publicly traded corporations make a profit, those profits head to the shareholders in the form of dividends. And when they don’t get dividends, the value of the company often rises which gives the shareholder an increased value for their shares. (Sorry to go through the stock market tutorial, but …

Tags: America, Barack Obama, Gas, IRS, Middle Class, obama, Oil, president, taxes