Posts Tagged ‘Taxes’

Brief Impressions of the Texas Public Policy Foundation’s 2013 Policy Orientation

Monday, January 14th, 2013

I enjoyed attending what little I could of the Texas Public Policy Foundation 2013 policy orientation held January 9-11. Here are a few quick and largely random impressions:

Because I just started a new day job, I wasn’t able to attend until Thursday evening, which meant I got to enjoy Austin’s lovely rush-hour traffic on Mopac and only got to hear about half of Ted Cruz’s pre-recorded message. (Cruz was originally scheduled to appear with Sen. John Cornyn, but had to fly off to Afghanistan and Israel on a Senate Foreign Relations trip. Cruz also appeared at lunch that day, a session I was unable to attend.) Then it was time for Texas’ senior U.S. Senator, John Cornyn, to be interviewed.

He defended the Fiscal Cliff deal as necessary to avoid a huge tax increase. He talked about the Senate’s inability to pass a budget. “Shame doesn’t work on Harry Reid.”

On foreign and defense policy, he noted (correctly) that keeping the American people safe is the number one responsibility of government. Cornyn says he’s opposing the nomination of Chuck Hagel and dinged Obama over Benghazi. “If the President and his Administration had been honest about Benghazi, they’re wouldn’t have been a scandal.” (Paraphrased.)

Cornyn also displayed a certain tone-deafness in regard to his audience. When asked to mention possible 2016 GOP Presidential candidates, the first name Cornyn mentioned was NJ Governor Chris Christie, which drew audible groans and hisses from the audience, for good reason.

After the Cornyn speech there was a blogger met-and-great at Rivals Steakhouse. I met a bevy of state Reps whose names quickly blurred together, as well as Ashley Sewell, AKA @TXTrendyChick, who I had already been following on Twitter, and a bunch of other bloggers. Most interesting bit of off-the-record gossip: Confirmation of my Rick Perry hopped-up on goofballs theory. “When I saw him running around Iowa in flats I knew he was in a lot of pain. The man practically sleeps in boots.”

On Friday, I took a long lunch to attend the Newt Gingrich luncheon and signing. I sat one seat down from the indefatigable Holly Hansen (who has her own, far more extensive coverage), and @TXTrendyChick promptly plopped down between us. Obviously our table was the place to be.

I get to hang out with all the cool chicks!

Lt. Governor David Dewhurst was Gingrich’s warm-up speaker. Dewhurst has improved somewhat since his losing Senate race against Ted Cruz last year, but he’s still not a natural speaker. He tries to cram too many policy points into a speech, and isn’t skilled enough to distinguish between major and minor points. When it comes to conservative policy, he seems to know the words, but doesn’t hear the music.

Dewhurst’s four points as to why Texas is doing better than any other state (1. We keep our spending low, 2. Keep our taxes low, 3. A light regulatory hand, and 4. Keep state government out of the way) were all very solid. He also promised additional budget cutting; let’s hope he follows through.

Most interesting parts of Dewhurst’s speech: A clumsily-phrased plea for welfare reform (“I’m not going to pay people to sit on the couch and do drugs,” a proclamation that will no doubt disappoint many members of Occupy Wall Street), and a proposal to arm teachers in the classroom.

Gingrich came on stage to a standing ovation. He said it was unfair for other states to compete with Texas, since we weren’t raising taxes and spending like California. (This is what people call “sarcasm.”)

This was definitely Gingrich 2.0 (or maybe 8.6), an idea-a-minute futurist (I’d like to see him and Bruce Sterling bounce off each other for a couple of hours someday). He was saying things about America 2.0, ubiquitous diagnostic cell phones as a health care initiative, having the programmers behind World of Warcraft come up with ways to teach our kids, and puters mkn kdz wrt btr (I iz skptical). It was even more scatter-shot than Dewhurst, but seemed a lot more organic. And he had one truly fascinating factoid: Students taking Stanford’s online classes did better on tests than the ones taking classes in person.

Gingrich seems genuinely optimistic about America’s future, which is a nice contrast with many of us after the 2012 election.

After the speech I managed to get him to sign two books for me, To Renew America, and Jim Wright’s Reflections of a Public Man, which he was quite amused by.

A few more luminaries:

State Senator Larry Taylor

State Rep Marsha Farney

A very dapper Chuck DeVore. He wasn’t born in Texas, but he got here as quickly as he could.

Hey girl, it’s Josh Trevino!

Apologies to anyone I didn’t mention, didn’t run into, or didn’t get a picture of (some just didn’t come out well). It was a busy two days!

And congratulations to TPPF honcho David Guenthner and his many minions, for all the hard work in carrying this off:

In addition to the copy of Texas Got it Right handed out to everyone, David thrust a copy of DeVore’s The Texas Model: Prosperity in the Lone Star State into my hands. Hopefully I’ll have a chance to say more about both in the not-so-distant future.

Lamar Smith Among Four Texas Congressmen Who Voted for Massive Tax Hike

Wednesday, January 2nd, 2013

In addition to both Texas Senators (John Cornyn, who should have known better, and the retiring Kay Baily Hutchison, who came in like a lion and is going out like a RINO; thank God Ted Cruz is replacing her), four Republican Texas congressmen voted for the “Fiscal Cliff” tax hike deal:

  • Pete Sessions
  • Lamar Smith
  • Mac Thornberry
  • Kevin Brady
  • All should have known better than to vote for a bill that contained $41 dollars in new taxes for every $1 in spending cuts, but the name Lamar Smith certainly sticks out thanks to such previous hits as “Hi, I’m a SOPA/PIPA Recording Industry Whore.” It’s no surprise, given the bill includes big tax breaks for Hollywood. I guess Smith is one of those politicians that stays bought.

    All should expect primary challenges.

    I’m happy to say that my own Representative, John Carter, voted against the bill.

    I haven’t had time to read the entire bill yet, so I can’t tell you whether it’s merely bad or actively horrific…

    Texas Vs. California: Thanksgiving Week Edition

    Monday, November 19th, 2012

    Another quick update on the respective fates of our nation’s two biggest states:

  • In case you didn’t notice, California Democrats now have a super-majority in the legislature, which means they can raise taxes to their heart’s content. That should only heighten the difference between California’s Blue State model and Texas’ Red State model.
  • California spends far more money on its welfare state that Texas, but has greater income inequality.
  • The election California voters helped accelerate the state’s economic decline.
  • America is becoming California…and California is becoming Greece.
  • The California city of Atwater backs away from bankruptcy after winning concessions from unions.
  • Texas added 36,600 total nonfarm jobs in October, dropping unemployment down to 6.6%.
  • France’s Punative Tax Rates Driving Out Supermodels

    Tuesday, October 9th, 2012

    You may have heard that France’s new socialist President Francois Hollande wants to tax anyone earning more than a million francs a year at 75%.

    One of the people that France’s high tax rates have already driven out is supermodel Laetitia Casta.

    So remember liberals: When you hike taxes to the stratosphere, you’re driving out this:

    Won’t someone please think of the supermodels?

    Dear California: You Know That Money Will Be Wasted, and You Know Those Tax Hikes Will Be Permanent

    Friday, September 28th, 2012

    I’ve got another Texas vs. California piece coming around on the guitar, but I thought there was enough here to warrant a separate post.

    Hold on to your hats, but it seems that California voters might, just might, be catching on that the Democrats who run California’s state government are wasting their money.

    I will now wait for the indignant shouts of incredulous outrage to die down.

    Support for Gov. Jerry Brown’s plan for billions of dollars in tax hikes on the November ballot is slipping amid public anxiety about how politicians spend money, but voters still favor the proposal, according to a new USC Dornsife/Los Angeles Times poll.

    Well, I did say “might.”

    The findings suggest that voters are leery of sending more cash to Sacramento in the wake of a financial scandal at the parks department, spiraling costs for a multibillion-dollar high-speed rail project to connect Northern and Southern California and ill-timed legislative pay raises.

    If voters aren’t willing to stop spending for a $100 billion train to nowhere that everyone know will never be completed, and which would lose even more money every year if it was, when will they?

    Brown’s measure would temporarily raise income tax rates on high earners for seven years and boost the state sales tax by a quarter-cent for four years in a bid to avoid steep cuts in funds for schools and other programs.

    Note that word: “temporary.”

    Anyone with even a passing knowledge of the way politics actually works knows that there’s no such thing as a “temporary” tax hike. The only thing that prevents Democrats (and establishment Republicans) from spending every cent of every tax collected and more is booting them out of office. Raising taxes simply ensures that they’ll spend all the new revenue and additional money they don’t have on top of that. And with the fiscal tsunami California is facing from bloated government, spiraling debt, and gold-plated public employee union pensions that will bankrupt the state, those “temporary” taxes will never be repealed. Ever.

    And two or four years down the line, the next Democratic governor will be asking the voters to approve another “temporary” tax hike…

    Texas Tax Free Weekend August 17-19

    Wednesday, August 15th, 2012

    It’s that time of year again. Texas is having it’s annual tax free weekend this weekend, August 17-19, for back-to-school goods like clothing under $100, school supplies, etc. And this year, the previously tax-free but now-tax-covered Amazon is participating as well.

    Official state guidelines for what is and isn’t covered.

    TPPF Conference Call on the ObamaCare Decision

    Thursday, June 28th, 2012

    Just got off a Texas Public Policy Foundation conference call with Chuck DeVore and Arlene Wohlgemuth on the effects of the Supreme Court ObamaCare decision. Just in case you hadn’t read anything on the Internet today, that ruling was 5-4 affirming ObamaCare as constitutional, majority opinion written by Chief Justice Roberts, not on Commerce Clause grounds, but on congress’ ability to tax:

    The Affordable Care Act is constitutional in part and unconstitutional in part. The individual mandate cannot be upheld as an exercise of Congress’s power under the Commerce Clause. That Clause authorizes Congress to regulate interstate commerce, not to order individuals to engage in it. In this case, however, it is reasonable to construe what Congress has done as increasing taxes on those who have a certain amount of income, but choose to go without health insurance. Such legislation is within Congress’s power to tax.

    Here some no-doubt random bits of information I gleaned from the conference call:

  • Of all the possible scenarios experts looked at in a possible ObamaCare ruling, this wasn’t one of them.
  • All the cost drivers and massive increase in bureaucracy is still there.
  • Texas was already looking at a $5 billion Medicaid shortfall for the next biennium; ObamaCare will likely make that a $15 shortfall.
  • No one knows if Texas will undertake Medicaid expansion or not.
  • ObamaCare was a consequence of Republican losses in 2006 and 2008, and a cause of Republican victories in 2010.
  • As a tax, ObamaCare can be repealed with 51 Senate votes (no filibuster).
  • Roberts’ decision “built a fence” around the Commerce Clause, possibly preventing further expansion of federal powers under that guise. (This has lead to some observers to suggest that Roberts is playing the “long game” of constraining the growth of the federal government.)
  • The court did invalidate (7-2) Medicare/Medicaid penalties for non-compliance, in that states cannot be “dragooned” into post-facto changes with the threat of withdrawn funding for established programs. DeVore: “This is a victory for the 10th Amendment and Federalism.”
  • That change might offer challenges to a whole lot of legislation.
  • The politicized way in which the Obama Administration has granted waivers to the politically connected might also offer avenues for equal protection challenges.
  • This TPPF policycast also covers some of the same topics discussed on the conference call.

    So: That’s my brief recap of the conference call. I’m still digesting the ruling itself, and reactions to the ruling. I might be doing that for some time…

    California vs. Texas: Round 54

    Tuesday, May 8th, 2012

    The challenge with covering the respective fortunes of Texas and California is where to cut off the news roundup. Here’s news of how California is sucking, and Texas isn’t, from the last month or so:

  • Texas is ranked number one for business. California? Dead last.
  • Why so many people are moving from California to Texas. “California may be dreaming, but Texas is working.”
  • The madness of California:

    Things will only get worse in the coming years as Democratic Gov. Jerry Brown and his green cadre implement their “smart growth” plans to cram the proletariat into high-density housing. “What I find reprehensible beyond belief is that the people pushing [high-density housing] themselves live in single-family homes and often drive very fancy cars, but want everyone else to live like my grandmother did in Brownsville in Brooklyn in the 1920s,” Mr. Kotkin declares.

    Also this:

    Middle-class workers—those who earn more than $48,000—pay a top rate of 9.3%, which is higher than what millionaires pay in 47 states.

  • California Governor Jerry Brown (his aura smiles and never frowns) is hiking state income taxes that were already the highest in the nation. (Hat tip: Prairie Pundit.)
  • The California budget process is still broken.
  • A California-to-Texas translation guide.
  • Destroying the California dream.
  • California not only has the five most polluted cities in the country, it has the top five most polluted cities in all three categories of air pollution (ozone, short term particle pollution, and year-round particle pollution).
  • That nugget above came from Will Franklin’s WILLisms, who also brings word that Texas created 32% of all jobs in the last decade, and 35% of all private sector jobs, with his usual skillfully executed charts:

  • Wisconsin Democrats Go for the Walter Mondale Strategy

    Wednesday, April 18th, 2012

    The one where you tell potential voters “I’m going to raise your taxes.” We all know how well that worked out for him:

    Sadly, the Saturday Night Live “What Were You Thinking?” skit with Mondale does not appear to be anywhere online…

    If You Haven’t Finished Your Taxes…

    Monday, April 16th, 2012

    …or filed an extension, now would be a Real Good Time to do so.

    Remember: Tax fraud is best left to the professionals.