Let’s talk about “uncertainty”. There is a long article in the online USA Today entitled “Q&A: Looming small business tax hike explained“. The highlight is that tax cuts are scheduled to expire at the end of 2012. The cuts were enacted in 2001 and 2003, then extended in 2010. Business owners don’t know if they […]
We have tried government rewards for a promise of performance. But that is contrary to all common business behavior. We should turn that around. The driving principle is the reversal of the discredited belief that tax cuts create jobs. They do not. That principle must be discarded and replaced with: “Good Jobs Create Tax Cuts”.
The President issued a report to Congress today, proposing a reform of "America’s Housing Finance Market" — specifically, a replacement of Fannie Mae and Freddie Mac. What we’re not hearing (and what my partner pointed out to me years ago) is whether there is still a "national interest" that is served by home ownership. We […]