Category Archives: Fiscal Policy

iPhone Demand Sparks New Worries For Apple | CNBC

Thought tax cuts were going to lead us to the new economic Shangri-La? Random thought:  We hear much about how the corporate tax cut has changed the game for profits.   Isn’t this just the government jumping into the financial engineering … Continue reading

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Pas de merde…

…and wait until they internalize these numbers. Bond traders are beginning to be concerned about rising deficits and national debt again https://t.co/VeBwC2yUWS #fixthedebt — Fix the Debt (@FixtheDebt) March 13, 2018

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The History of Federal Government Shutdowns

Background The routine activities of most federal agencies are funded annually by one or more of the regular appropriations acts. When action on the regular appropriations acts is delayed, a continuing appropriations act, also sometimes referred to as a continuing … Continue reading

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Did He Really Say That?

Geeezo Christopher Columbus!   What a bitch slap directly to the face of “the deplorables.” The tax reform bill is rapidly setting up the potential for some major political blowback.  Vive les élites! I think not having the estate tax … Continue reading

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Corporate Tax Rates and Tax Receipts

Here are some interesting data on the U.S. corporate tax rate throughout the last hundred years and a chart of federal tax receipts on corporate income as a percent of GDP.  We gathered the data from the Tax Policy Center … Continue reading

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No Worries: Vol Not Priced For Budget Ceiling

Do the markets price risk anymore?   That it is always inevitable when the world is awash with central bank based liquidity is not a surprise. We do see the VIX creeping back over 10 after trading with 8 handle for … Continue reading

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COTD: Where Your Tax Dollars Go

 More than half of every dollar went to health care, military last year – MarketWatch .

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Is the U.S. Government Bankrupt? Not Even Close.

We often hear the meme “the U.S. is the next Greece.”   “The government is insolvent.”  Complete nonsense. We tend to focus too much on the right side of the government’s balance sheet and not the left side — the … Continue reading

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Table of the Day: Federal Tax Revenues

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