Apple: Latest target of Carl Levin's outrageously outraged outrage
Since Levin is retiring from the Senate next year, here’s an idea: Maybe he could open a store.
Politics Blog
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taxes
From OKC to Apple: The media's misplaced priorities
The tone of the Apple story was outrage that one of the world’s most valuable companies wasn’t paying its fair share – no matter that it is operating legally.
Michigan Treasury's tax overkill
Michigan Department of Treasury’s corporate officer liability enforcement threatens state growth.
Obama IRA “pension abuse” should start with government retirees
Word is that Obama’s budget plan, to be introduced this week, will propose limiting individual retirement accounts, IRAs, to no more than $3 million. The intent is to keep annual pension income to about $205,000 a year – an amount that the central planners in the White House feel is “fair”. A side benefit is … Continue Reading →
Detroit needs more than better management
What makes the city’s problems so hard is the harsh reality of operating a government – any government – in these times.
Detroit meets the Laffer Curve
Much of the public discussion – and most of the questions at Rick Snyder’s Thursday news conference – about the governor’s pending decision on appointing a Detroit emergency manager have concentrated on the political optics of the state intervening in its biggest city’s affairs. The political-media class loves politics, but struggles with numbers. But it … Continue Reading →
Welcome to Planet Earth, Sen. Stabenow
Finally, bipartisanship in Washington. Michigan Senator Debbie Stabenow has suddenly noticed – THREE YEARS after she approved Obamacare – that the act punishes medical device-makers with job-killing taxes. Michigan’s junior senator joined 17 other Democratic U.S. Senators and senators-elect in signing a letter to Senate Majority Leader Harry Reid last week calling for a “delay … Continue Reading →
Terrorism in the House
Merriam-Webster defines terrorism as “the systematic use of terror, especially as a means of coercion.” As we approach the edge of the fiscal cliff it has become apparent that one party has moved away from the give and take of political negotiations and is operating much more like a terrorist group. The pattern has repeated … Continue Reading →
Obama's moral challenge: Auto tax breaks for the rich
Thanks to President Obama’s massive tax breaks for wealthy auto buyers, hybrid-electric vehicle sales in November rose to a lofty 3.5 percent of all vehicle sales — numbers the industry hasn’t seen since the summer of 2008 when gasoline hit $4 a gallon. Electric vehicles are targeted at customers making over $200,000 — and they … Continue Reading →