I love Billy Joel’s music. So when I heard that Eduardo Saverin, co-founder of Facebook, renounced his US citizenship in order to get around paying taxes on his income from Facebook’s IPO I immediately thought of Billy Joel’s song “I’m Moving Out”. To see the entire song’s lyrics, go here, but I want to show you one stanza to drive a point home: You should | Read More »
Hooverites Want More Taxes
A group of millionaires have made headlines recently requesting Congress to raise taxes on them. Many are Democrat donors including such leftist darlings as Ben and Jerry’s founder Ben Cohen. These self-sacrificers say that it is vital to the economy and the nation’s financial help that Congress raise their taxes. The first question that comes to my mind is why does it take government impetus | Read More »
2010 – The Most Expensive Year On Record?
The stock market sits at around 10,000, still down about 3,000 since it’s high in 2007. The Obama administration and like minded economists point to the stock market as proof that the economy is turning around. Both seem to ignore important economic data that effects you and I everyday and will definitely effect us in 2010. 1. Don’t die in 2010. If you do, your | Read More »