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Ron Powell commented on Robert Young's blog post Fair's Fare
""Until 1913, customs duties (tariffs) andexcise taxes were the primary sources of federal revenue.[3] During the War of 1812, Secretary of the TreasuryAlexander J. Dallas made the first public proposal for an income tax, but it was never…"
Jun 13
Ron Powell commented on Robert Young's blog post Fair's Fare
"I knew that... But the FIRST FEDERAL INCOME TAX was indeed instituted to pay for the Civil War..."
Jun 13
Robert Young commented on Robert Young's blog post Fair's Fare
"well. yes, but no.  that wiki article reviews all the income taxes that existed previously.  the existing income tax exists based on the 16th amendment, and upheld by the Supremes.  blaming income taxes on StepNFetchIt is just the…"
Jun 13
Ron Powell commented on Robert Young's blog post Fair's Fare
"There are some who blame black people for the institution of a federal income tax: "The first Federal income tax was levied to help pay for the Union war effort. In the summer of 1861, Salmon P. Chase reported to the Congress that he would need…"
Jun 13
Robert Young commented on Robert Young's blog post Fair's Fare
"ouch!!!"
Jun 13
koshersalaami commented on Robert Young's blog post Fair's Fare
"Fundamentalist Christians don't care what Jesus would say"
Jun 13
Robert Young commented on Robert Young's blog post Fair's Fare
"what would Jesus say?  the poor will..."
Jun 13
JMac1949 Today commented on Robert Young's blog post Fair's Fare
"Taxes and death, 'nuff said.  R&L"
Jun 13
Jonathan Wolfman commented on Robert Young's blog post Fair's Fare
":)"
Jun 13
Robert Young commented on Robert Young's blog post Push Me, Pull You
"it's likely worth a discrete post, but for now, just the observation that my use of Kim Jong-Don for our President may have annoyed some readers.  but, after yesterday's "cabinet meeting" straight out of Pyongyang, I claim…"
Jun 13
Maui Surfer commented on Robert Young's blog post Push Me, Pull You
"They just don't care. A fascinating thing, but they do not. Maui is a good example. Sure, the Island feels a pinch on the demand for tourism workers when the economy dips, but, the wealth keep coming no matter. I remember back in the Seventies…"
Jun 12
Robert Young commented on Robert Young's blog post Push Me, Pull You
"well, I'd expect for hell to freeze over first.  but the NR folks can float on their personal iceberg."
Jun 12
Terry McKenna commented on Robert Young's blog post Push Me, Pull You
"i looked at National Review on line.  until they start saying that taxes can be prudent, we remain in the same place."
Jun 12
Robert Young commented on Robert Young's blog post John The Baptist
"-- how long before people don't listen anymore. he's not having much effect."
Jun 8
Robert Young commented on Robert Young's blog post Minority Report
"or God, Guns, and Abortion. another reason that the Right Wing has been doing better at the polls:  they offer a simple answer to all complex questions.  the Left, by and large, admits the complexity.  one can see that in stark relief…"
Jun 8
marilyn sands commented on Robert Young's blog post John The Baptist
"Saw that in real time - if it's true - it's always a sad thing for anyone.  The question is - how long before people don't listen anymore."
Jun 8

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Robert Young's Blog

Fair's Fare

Posted on June 13, 2017 at 9:00am 9 Comments

Mulvaney justified cutting the social safety net, and the scientific one too, by describing this budget as "taxpayer friendly". Clearly, a swipe at Romney's 47% diatribe.

Well, here's some factoids. The current income tax is the result of the 16th amendment. The first tax levels

Later that year, Congress enacted the Revenue Act of 1913. The tax ranged from 1%…
Continue

Push Me, Pull You

Posted on June 12, 2017 at 9:00am 4 Comments

One of the most predictable, and (of course) predicted, results of Brexit would be inflation. The UK gets a lot of widgets from the EU, and the Pound has dropped more than a bit (13%, as of the article). As mentioned many times in these missives, inflation has three forebears:

- demand pull

- cost push

- wage push

The Right Wingnuts always attribute any bit of…

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John The Baptist

Posted on June 8, 2017 at 10:33am 2 Comments

Or some sort of speaker in tongues. McCain's clearly gone senile.

Here's a juicy take.

Minority Report

Posted on June 7, 2017 at 3:00pm 10 Comments

Much pundit bloviating, especially from the Left, over the last few weeks has centered on three subjects: the incompetence of Donald J. Quisling's governance, the lack of legislative accomplishment, and approval in the 30 percents. The conclusion? Donald J. Quisling isn't getting anything done. If you're any kind of quant or macro policy analyst (other than the au courant tsunami of customer manipulation applications), you would be quite wrong to feel complacent. Donald J. Quisling is doing…

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