As the snow flew in the Twin Cities yesterday, many Minnesotans had to question the now seemingly mainstream theory of anthropogenic global warming. The cold snap broke records from Vancouver, British Columbia through Montana all the way to Mason City, Iowa. Was it a fluke? Or…
Archives for October, 2009
BBC – “What Happened to Global Warming?”
Pelosi Says Value Added Tax on Table
I
n an interview with Charlie Rose this week, House Speaker Nancy Pelosi said that one of the the options on the table was the value added tax (VAT). Pelosi believes that the current tax system puts American industry at a significant disadvantage in the global economy and that a value added tax would help level the playing field.
A Hiring Tax Credit?
The federal government is tossing around the idea of creating a tax credit for businesses hiring new employees. The bipartisan credit has been gaining momentum as employment numbers continue to frustrate economists. According to the New York Times, several key economists, including Nobel laureates and former cabinet members, support the measure.
The credit could cost upwards of $20,000 per job, according to research by the Upjohn Institute for Employment Research, a relative bargain when compared to the hefty price tag of $92,000 per stimulus job.










