by Peter Venetoklis | May 15, 2018 | Culture, Drug Policy, Economics, Opinion, Politics, Taxation
Yesterday, the Supreme Court struck a blow for federalism and states’ rights in its decision to overturn a federal prohibition on sports gambling. In Murphy v NCAA, the Court ruled that the Professional and Amateur Sports Protection Act (PASPA) violated the...
by Peter Venetoklis | May 6, 2018 | Culture, Economics, Environment, Opinion, Politics, Taxation
The arc of Bernie Sanders’ presidential candidacy coincided with an effort to rehabilitate the word “socialism.” It was somewhat successful, in that, nowadays, it’s not nearly as off-putting a term as “fascism” or...
by Peter Venetoklis | Feb 2, 2018 | Opinion, Politics, Taxation
A small story out of New York offers us a glimpse into the mind of progressive politicians and thinkers. A couple years back, as I was driving in upstate New York, I noticed these spiffy new signs extolling the virtues of the state. Turns out, they were an initiative...
by Peter Venetoklis | Jan 8, 2018 | Taxation
Proving that there’s no more dangerous place on earth than the space between a liberal politician and other people’s money, the governors of California and New York have been seething over the part of the Tax Cuts and Jobs Act that limits the deductibility...
by Peter Venetoklis | Dec 29, 2017 | Economics, Politics, Taxation
If I were to tell you that the loudest deficit hawks of today are Democrats, you’d probably snort your coffee. Yet that’s the bizarro-world reversal of talking points that has ensued from the passage of the Tax Cuts and Jobs Act. Yes, it remains that a...
by Peter Venetoklis | Dec 21, 2017 | Economics, Politics, Taxation
Much fuss has been made over the amount of cash and assets some of America’s biggest companies have stashed away off-shore, estimated by some at more a trillion dollars. Under current tax law, the government considers all that taxable at the 35% corporate rate,...
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