Some Common Cents for July 1st 2016

July 1, 2016, by John Norris

I suppose it would be appropriate to write about what I learned from the fallout due to last week’s referendum on the European Union in Britain, the Brexit. Here goes: British political leaders resign when things don’t go their way. That about sums it up. Other than that, it is hard to glean too much insight other than the world doesn’t seem to think the long-term economic impact is meaningful, at least as I type. After...

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Clinton tax plan IS as bad as it sounds

August 6, 2015, by John Norris

Last week, Hillary Clinton announced a proposal to dramatically increase capital gains taxes if she wins the Presidential election. From what I can tell, virtually everyone has criticized it. Is it really that bad? Any tax or regulation which inhibits the free flow of capital to its highest and best use is generally not in anyone’s best interests, even Washington’s. As such, Clinton’s plan should be dead on arrival on Capitol Hill if she ends...

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Cutting corporate and capital gains tax rates helps

June 16, 2015, by John Norris

In your opinion, what would be the most constructive thing(s) Washington could do to create wealth in the country? Without a doubt, the most constructive things would be to maintain the rule of law and strong property rights; eliminate graft in the public sector; deregulate the private sector; facilitate the free flow of capital in the financial markets, and train the heck out of the workforce. However, those things aren’t always easy, politically popular, or...

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Obama’s 2-year college plan probably not the answer

January 27, 2015, by John Norris

In his State of the Union address, President Obama announced his plan to make a community college education free for all those who maintain a certain grade point average. He would fund this with increased capital gains taxes on the wealthy. While this doesn’t have a chance of passing Congress, is it a good idea economically speaking? ...Read the full article as previously published in the Montgomery Advertiser Sunday Jan 25th... The opinions expressed within...

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Some Common Cents for January 23rd 2015

January 23, 2015, by John Norris

This week, a fair number of people have asked me if I watched the President’s State of the Union address on Tuesday. Given I am prone to bloviate about the economy and the markets, you might think I am interested in politics. However, I unintentionally missed the President’s speech, although I probably wouldn’t have tuned in even if I had remembered to do so. It completely slipped my mind...Read On... The opinions expressed within this...

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