June 2009
5 posts
New Jersey Raises State Income Taxes...Again!
It’s basically a double. Five years ago, effective tax rates in NJ went up by several percentage points. As of today, they are set to go up again for the highest earners. As one of those top earners, what am I thinking about right now? How to take my earnings, and my tax revenues, to another state that is more business friendly.
Instead of wooing people like me, states like NY, NJ and...
More Taxes, Fewer Jobs
The headline says it all. As taxes go up, people like me need to take the money we would use to start a new business or expand an existing one and allocate it to the government. Will that create new jobs?
I’ll let the unemployment numbers today, and going forward, give you the answer: 10% plus unemployment is coming…fast.
More on Climate Change
As the house passes a historic bill to introduce “cap and trade”…read: TAX INCREASE FOR ALL, many former climate change cheerleaders are now reversing course. Obama’s own words speak to the length of time it will take for something like this to have an impact, if ever. So what’s the big hurry?
It’s back to the line by Rahm Emanuel: “You never want a...
The Climate Change Joke
You’d think someone was kidding, but in reality, they aren’t. Did you know that more greenhouse gasses are emitted by belching farm animals than all of the other things you usually see associated with the whole climate change debate.
We’ve gone from calling it Global Warming, to Climate Change…and now we are faced with the reality that living creatures are the greatest...
The Five Month MBA
If you owned a business would you hire an employee with zero business experience and make him your CFO? Would you let him drastically change every aspect of your business in that first five months? Would you throw away 200 years of facts: the fact that you’ve created the wealthiest business in the world?
I do own a business and I can tell you that nobody would do what I just outlined. ...