RichC | February 4, 2012
Fred Smith, CEO of Fedex, spoke on Thursday this past week and simplified his thoughts on turning around the economy and creating jobs. He supplied a chart which doesn’t necessarily clear up the “chicken or the egg” discussion associated with which comes first, but his chart does show that capital investment and private sector employment […]
RichC | November 22, 2011
Even if you’re not a CNBC watcher or someone who focuses on the financial markets each day, you may have heard of Rick Santelli and his rant in 2009 during the peak of the U.S. financial bailouts. I included the clip in a post which many believed may have spurred the Tea Party movement (some […]
RichC | November 12, 2011
After reading a recent article in the WSJ discussing the tens of thousands of high paying energy sector and supporting jobs that would be immediately available if the Keystone XL pipeline project would be approved, its clear that politics are more important to President Obama that U.S. jobs. He must have decided that the votes […]
RichC | October 1, 2011
I saw a CNBC interview with Warren Buffett the other day and didn’t realized just how twisted the “tax the rich” ideas had become. I’m not saying that I agree with either Warren Buffett or President Obama’s new tax proposals, BUT I was surprised to have them being reported as nearly one in the same […]
RichC | September 23, 2011
Much of the political debate coming from Washington DC is focused on cutting the deficit, reforming the tax code and generating more revenue for the federal government. Hopefully those who currently pay federal income taxes (only 52%) are going to be given the loudest voice, but that may not be the case now that we’re […]
RichC | August 14, 2011
I’ve been reading a few of the ideas being toss around by congress as a way to stimulate the economy and “create jobs” (as I recall that was job #1 about three years ago?) The school of thought for most Republicans (at least the last couple years) is to lower tax rates and cut both […]
RichC | July 18, 2011
Far be it from me to defend the “corporate jet” crowd, but am I the only one who wonders what numbers President Obama is talking about when they advocate that wealthy in America “pay their fair share.” I’ve looked at most of the numbers and no matter how you slice the pie, those earning over […]
RichC | June 27, 2011
Why do only 53% of the citizenry of the United States of America pay federal income taxes? Something’s not quite right when nearly half of the people benefiting from from living in this country are voting for, but not funding, those who are elected to spend others peoples money. This could change if congress eliminates […]
RichC | April 16, 2011
Tax time is looming and per-usual I’m overly optimistic in thinking the longer I wait, the less I’ll have to pay. As the founder of The Navigators in 1933 wrote: "The greatest amount of wasted time is the time not getting started." Today, and for the last month, I have epitomized the point of Dawson […]
RichC | January 1, 2011
According to a Smartmoney.com article by AnnaMaria Andriodis, we could see states and counties increasing taxes on new technology such as cellphones and e-books. Unlike Uncle Sam, state and county governments are required to balance their budgets and as local sales taxes and both the real estate and income tax stream of tax revenue dwindle […]
RichC | September 29, 2010
There are two opposing mindsets when dealing America’s deficit and correcting America’s struggling economy; it is pretty black and white when it comes to opinions. There’s the liberal Democrats position, expressed by the Nobel Prize winning New York Times columnist Paul Krugman, who recommends dealing with our deficit by raising taxes and continuing to increase […]
RichC | September 24, 2010
Although I may offend some of my hardcore conservative Tea Party friends, I’m in agreement with Charles Krauthammer and enjoy his his columns and commentary (“offend” – in reference to his comments regarding Tea Party favorite Christine O’Donnell) I appreciate his bright and intelligent arguments … from a conservative point of view … and was […]
RichC | September 14, 2010
Why don’t politicians understand that uncertainty is a primary deterrent to planning for the future, for an individual or a business … but especially for businesses. In order for small business owners and managers to reinvest and expand … and hire new employees … the political environment needs to be one where the prospect for […]
RichC | August 13, 2010
“This week in 1861, the first federal income tax was instituted to pay for the Civil War. These days, we don’t worry about that kind of stuff. Our wars are paid for by our grandchildren.” — Jay Leno I’m not sure if we should laugh or cry when it comes to how government spends millions […]
RichC | August 2, 2010
Arthur Laffer wrote another piece in the WSJ that again draws attention to the focus some in congress are promoting — “tax the rich.” America would be wise to pay attention to previous administrations and history before once again heading down the path of high taxes and even higher taxes on the rich. Our country […]
RichC | July 19, 2010
Candidate for governor John Kasich would be smart to focus his campaign on what is impacting Ohio residents — focus on “smaller and local” needs: Jobs, Economy & Taxes. As the Tip O’Neill saying goes, “all politics is local.” There isn’t anything quite as local as a paycheck and a job … whether one is […]
RichC | July 9, 2010
Not that it impacts the majority in America, but if you unhealthy and wealthy and having given all that much though to tax planning, perhap you should start contemplating a swifter exit? The math is ugly: On a $5 million estate, the tax consequence of dying a minute after midnight on Jan. 1, 2011 rather […]
RichC | July 8, 2010
I’m struggling once again to keep my blog’s shared database running — hassling with tech support on and off today. Hopefully my low cost host will sorting things out. Yes I’ve threatened to leave once before and magically I was moved to a more efficiently running server. We’ll see how long my patience holds out […]
RichC | May 17, 2010
Federal Spending in 2009-10 Highest Since World War II; Deficit Reaches $13,158 Per Household Recent news reports in USA Today and elsewhere have highlighted the historically low tax collections in 2009 and 2010, confirmed by the Tax Foundation’s annual Tax Freedom Day® calculations of April 8, 2009, and April 9, 2010. “The importance of the […]
RichC | April 29, 2010
It has become challenging to fly commercial airlines in recent year, especially since 9/11. Not only has the process of going through most airports become time consuming with all the additional security precautions, but the airlines themselves have made changes which most agree have become irritating to down right miserable for passengers, I’m thinking about […]
RichC | April 12, 2010
As a morning routine, I’m a coffee and anti-oxidant grape juice drinking kind of guy, but since we had a few extra oranges left over I’ve been fresh squeezing them for a morning citrus treat. Mmm … sunshine and fresh squeezed OJ … breakfast doesn’t get much better than this! Speaking of ‘the day’ – […]
RichC | February 18, 2010
It looks like the Lakota Board of Education has decided to place a new levy on May 4th’s primary ballot in our area – LINK – not a well timed request, in my opinion. I’ve been mostly supportive and relatively pleased with the education my kids have received in our local public schools, but from […]