Open Thread: Sam’s Big Government Backpack
U.S. Senator Jim DeMint (R-South Carolina) explains how big government is making it harder for Americans to find jobs and more difficult for small businesses to succeed. When big government puts too many burdens on America’s economy, it forces jobs and investment overseas instead of here at home. It also makes it harder for middle class small business owners to compete against large corporations, discouraging real competition and job growth. Here’s a list of some of the obstacles that big government has created that make it harder to achieve success in America: – $1.75 trillion regulatory costs – $15 trillion national debt – $2 to $3 trillion in state and local debt ( http://bit.ly/zQwqfb ) – $100 trillion unfunded liabilities for entitlement programs – ObamaCare taxes and regulations – More than 75,000 pages of IRS tax rules & regulations ( http://bit.ly/ejX73Z ) Open Thread
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Open Thread: Sam’s Big Government Backpack
Open Thread: Sam’s Big Government Backpack
U.S. Senator Jim DeMint (R-South Carolina) explains how big government is making it harder for Americans to find jobs and more difficult for small businesses to succeed. When big government puts too many burdens on America’s economy, it forces jobs and investment overseas instead of here at home. It also makes it harder for middle class small business owners to compete against large corporations, discouraging real competition and job growth. Here’s a list of some of the obstacles that big government has created that make it harder to achieve success in America: – $1.75 trillion regulatory costs – $15 trillion national debt – $2 to $3 trillion in state and local debt ( http://bit.ly/zQwqfb ) – $100 trillion unfunded liabilities for entitlement programs – ObamaCare taxes and regulations – More than 75,000 pages of IRS tax rules & regulations ( http://bit.ly/ejX73Z ) Open Thread
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Open Thread: Sam’s Big Government Backpack
Open Thread: Sam’s Big Government Backpack
U.S. Senator Jim DeMint (R-South Carolina) explains how big government is making it harder for Americans to find jobs and more difficult for small businesses to succeed. When big government puts too many burdens on America’s economy, it forces jobs and investment overseas instead of here at home. It also makes it harder for middle class small business owners to compete against large corporations, discouraging real competition and job growth. Here’s a list of some of the obstacles that big government has created that make it harder to achieve success in America: – $1.75 trillion regulatory costs – $15 trillion national debt – $2 to $3 trillion in state and local debt ( http://bit.ly/zQwqfb ) – $100 trillion unfunded liabilities for entitlement programs – ObamaCare taxes and regulations – More than 75,000 pages of IRS tax rules & regulations ( http://bit.ly/ejX73Z ) Open Thread
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Open Thread: Sam’s Big Government Backpack
Brownback: Waste & Big Government Aren’t in Kansas Anymore
Wednesday evening in his second State of the State address, Governor Samuel Brownback of Kansas showed he will treat the state’s tax rates even more harshly than his staff treats potty-mouthed high school Tweeters . With some of the most dramatic proposals put forth anywhere in the country, Brownback explained his new plan to combine three tax brackets into two lower rates while eliminating the double taxation of income from small business owners of LLCs. Cutting in state government will include not filling 2,000 positions, eliminating eight state agencies, and expanding the efforts of the new ” Office of the Repealer ,” run by Kansas Department of Administration Secretary Dennis Taylor, which exists solely to find burdensome regulations and laws to eliminate. Brownback’s noted that in seven years, 15,600 Kansans have moved from the state, chasing economic opportunities elsewhere. He believes lower tax rates and pro-growth policies will be conducive to economic growth. However, to achieve those lower rates, loopholes and deductions will have to be adjusted, and if immediate reaction in local papers is any indication, eliminating the home mortgage deduction, which is worth $390 to the average Kansas family, will be especially difficult. Other deductions to be eliminated are for adoption and day care. The nonprofit Kansas Policy Institute ‘s James Franko had lots of praise for Brownback’s address, but wished he’d heard more specifics about the looming disaster of public pensions, the same issue that is ravaging state budgets across the country. “The proposed cuts are better than the spending increases we’ve seen in prior years,” Franko told TAS, “but with Medicaid and KPERS [Kansas' public pension system] costs set to grow rapidly, all other SGF spending needs to be reduced by about $300 million to keep Kansas from going over the cliff.” Brownback did at least note that KPERS is the second-worst funded public pension in the country, with a true $15 billion unfunded liability. As such, he added, it is certainly an issue the legislature will have no choice but to face soon. Watch the whole speech here .
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Brownback: Waste & Big Government Aren’t in Kansas Anymore
No Diploma Necessary
In the latest bit of politically-correct economically-ignorant insanity to come from Washington, D.C., the Equal Employment Opportunity Commission (EEOC) — an organization which should (but won’t) be at the top of any Republican president’s list to eliminate — has opined that employers may be in violation of the Americans with Disabilities Act (ADA) if they require that potential employees have a high school diploma. The concept is supposedly that an inability to graduate from high school might be a symptom of a learning disability, and a disabled person can’t be disadvantaged in getting a job. The confused thinking from EEOC seems to overlook the fact that an inability to graduate from high school probably represents something important about a person and that, from an employer’s point of view, the reason someone didn’t graduate usually is not and need not be important. Even if it were of modest importance, making a hiring process more complicated is an unjustifiable expense for most companies. The impact of the EEOC’s ” informal discussion letter ” can only be bad for employers and for the future of high school education. For employers, they may fear being forced to hire a stupid or incompetent employee because that person claims his inability to graduate was due to a disability. Perhaps the EEOC thinks we all live at Lake Wobegon, where all children are above average. Educationally, it diminishes the incentive for marginal students to finish school, something which would not only be good for their brains but is also important to show troubled or only modestly intelligent kids that persistence is a valuable trait and strategy for life. And just as there is a cottage industry of doctors who will sign a medical marijuana prescription for any reason at all as long as the “patient” has cash, we will see a cottage industry of psychologists, therapists, and psychiatrists who will certify a slacker or a moron (sorry, EEOC, those people really exist) as disabled so that he can be forced down the throat of an unwilling employer. The EEOC’s letter says that an employer can only use a “standard, test, or other selection criteria” to screen potential employees if the standard is “job related… and consistent with business necessity.” More from the letter: