Tag Archives: taxes

Are Governments Raising Revenue Through Regressive Taxes Disguised As Fees?

government getting fat on the backs of taxpayers

Question: How do government entities, whether federal, state, county or local, raise revenues in ways other than by increasing taxes? Answer: By increasing fees or creating entire new classes of fees. A perfect example of this from the recent past would be the tax map verification letter fee imposed by Nassau County back in early 2015 that was then tripled only months […]

Government and Fiscal Irresponsibility

Town of Oyster Bay bond rating

Summary: Note to government: Eventually you runout of other peoples money to spend and when the piper needs to be paid the pockets will be empty! And the burden on business and investors of all types to make-up the deficit can quickly become unsustainable! ‘Long Island’s Town Of Oyster Bay An Example Of What Happens When […]

Unintended Consequences Of A $15 Per Hour Minimum Wage!

minimum wage hike

A government mandated jump in the minimum wage to $15 per hour sounds like a boon for low-wage workers! But the reality is that it’s likely there will be unintended negative consequences resulting from a government-mandated regulation that imposes a dramatic increase to the cost structure of businesses. First, consider that the politicians who impose […]

Power And Pain Of The Internet: We Are All Bound By An Historical Record!

Rule: Don’t write about anything on the internet concerning a position that’s been stated for political or professional expediency! But, as most of us already know (and if you don’t know you are learning by watching both parties fight to find a presidential candidate), saying anything to earn a nomination or win an election is for most of […]

Cam Newton, Win Or Lose, Will Be Getting Sacked By California Income Taxes!

If he wins Super Bowl 50, the players share for Carolina Panthers starting quarterback Cam Newton will likely be over $100,000! On-the-other-hand if he is on the losing end, his players share will only be about half as much. But whatever the final score of the game ends-up being, suffice it to say that one of […]

The Other Side Of The $1.5 Billion Powerball Lottery Jackpot…A Regressive Tax!

Powerball,taxes,taxation

The other day we offered some advice on what to do if you beat the odds of 1 in 292 million and actually won the Powerball jackpot! In the article, ‘If You Win The $1.3 Billion Powerball Jackpot What Should You Do (And Not Do)? (Video)‘, nine potential steps were provided along with a video describing […]

Top 10 Most Expensive U.S. Cities To Raise A Family

This Top 10 list is presented for those of us who think that their cost of living has gotten completely out of control! After reading the list some might feel a little bit better knowing that their hometown is not present while others will have confirmation of a fact they have always known or at the very […]

The Case For Capitalism!

(This article originally appeared at LinkedIn here) Capitalism Versus Socialism Going out on a limb I would say that the majority who will read this article at LinkedIn or in some other business oriented venue are, in one form or another, capitalists by nature who are trying to maximize wealth and corporate performance while still serving […]

Bernie Sanders: Business and Politics

Bernie Sanders, a self-avowed socialist and Democratic Party contender for the presidential nomination, is drawing many thousands of enthused ‘fans’ to his campaign events! But at the end of the day, is Bernie Sanders right for the United States? Why am I asking this question about a man who likely, hopefully, has no chance of […]

New Nassau County, New York Recording Fees (Taxes)

Department of Assessment Tax Map certification requirement Summary of the new requirement – ‘Due to the implementation of the Department of Assessment’s Tax Map certification requirement, effective Wednesday, January 14th, 2015, all deeds, mortgages, satisfactions, assignments, consolidations, or any modification of the foregoing, must have their Section, Block and Lot verified with the Department of […]