“In the recently-released 2011 State Business Tax Climate Index, New Jersey finally moved out of its last-place ranking on that list, in part due to Christie’s veto of the millionaires’ tax he mentioned during his interview. While it still ranks a pretty dismal 48 out of 50, it proves that improvement is possible, even in a state with a tax policy legacy as historically abysmal as New Jersey’s.” [Tax Foundation]
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And If Only American Apparel Hadn’t Burned Through All That Cash, They Could Have Made Bigger Campaign Contributions
- Caleb Newquist
- August 19, 2010
“If it weren’t for the immigration bust by the Obama administration, the company would have been OK this year.”
~ “[A] source close to American Apparel” quoted in the Post obviously isn’t familiar with the company’s debt position.
Sarah Palin Didn’t Need Another Reason to Dislike the IRS
- Caleb Newquist
- April 27, 2010
“Who would have thought that the IRS would have a favorability rating a third higher than the tea party movement’s? Or that the IRS would be twice as popular as Palin?”
~ David Cay Johnston, on a recent poll that showed the IRS having a 49% favorable rating versus the former governor’s rating of less than 25% (Nancy Pelosi was 29%).
Steny Hoyer Might Be Calling a Lot of His Colleagues Liars
- Caleb Newquist
- June 23, 2010
“We’re lying to ourselves and our children if we say we can maintain our current levels of entitlement spending, defense spending, and taxation without bankrupting our country.”
~ House Majority Leader Steny Hoyer (D-MD) would prefer that everyone quit lying.