Taxes – The Musings of the Big Red Car

The Inflation, CPI, PPI, Earnings Boogie

Big Red Car — Tue, 14 Dec 2021 00:45:32 +0000

I think everyone in the United States understands we have entered a period of increasing prices — inflation. Nobody thinks it is actually going to be transitory. Even the Biden admin says it’s going to be here through the end of 2023 after suggesting it would magically disappear by the end of 2021. Nay, not […]

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Big Red Car The Inflation, CPI, PPI, Earnings Boogie The Musings of the Big Red Car %%BLODDESCLINK%%

Hey, You, STUPID — Listen To This Malarkey

Big Red Car — Tue, 19 Oct 2021 19:10:51 +0000

The Biden admin knows you are stupid. What is my evidence? Allow me to lay it out. The IRS in your underwear The “infrastructure” bill as drawn contains a provision to allow the IRS to wander through your checking account if you attained the monumental balance of $600. The admin cites no reason why the […]

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How Does Texas Do It?

Big Red Car — Wed, 09 Dec 2020 16:04:33 +0000

Texans voted for a constitutional ban against imposing a state income tax in an election held in November 2019. The situation until then had been murky on the issue of a personal income tax relying upon something called the “Bob Bullock Amendment” which allowed the Legislature to set a personal income tax, but only if […]

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Who Actually Pays Corporate Income Taxes?

Big Red Car — Mon, 07 Dec 2020 02:44:16 +0000

I am chatting the other day with a chap in the aftermath of the election and how he sees the implication of future tax increases on the country. He is a smart chap with an MBA from a fine school and he is a wizard businessman, but he is a liberal. We get focused on […]

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#DefundStupid — Hunting Billionaires

Big Red Car — Sun, 19 Jul 2020 15:14:17 +0000

Pal sends me an article wherein it is revealed that the irrepressible AOC — Congresswoman Alexandria Ocasio-Cortez, not the Admiral Overseas Corporation — is encouraging a billionaire hunt to New York Governor Andrew Cuomo (Fredo’s older brother). AOC, member in good standing of the Democratic Socialists of America and The Squad, a virulent progressive in […]

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Tech, Taxes, Tariffs, Trade — And French Wine

Big Red Car — Sun, 28 Jul 2019 19:23:10 +0000

France has imposed/threatened a “digital services tax” on the likes of Amazon, Apple, Facebook, and Google — all American companies. The tax is 3% of gross revenues from digital services earned in France, but only for companies with more than 25MM Euros in French revenue and 750MM Euros in worldwide gross revenue. The tax money […]

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The Tax Code

Big Red Car — Fri, 21 Apr 2017 14:25:33 +0000

The Tax Code, Big Red? Really? Come on, can’t you come up with something better than The Tax Code? Big Red Car here getting over the Easter holiday. Yes, I know, a little slow on the uptake. Tell me about it. Too much chocolate, I think. So, the Trump administration is going to tackle the […]

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Big Red Car The Tax Code The Musings of the Big Red Car %%BLODDESCLINK%%

What Budget Deal?

Big Red Car — Sat, 14 Dec 2013 16:39:51 +0000

Big Red Car here. Started out very sunny this morning but where did the sun go, ya’ll? Oh well, on Monday it’s back to the 70s. On Earth as it is in Texas? So The Boss is getting an earful from his budget geek friend and they get to talking about the budget deal and […]

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Size Matters

Big Red Car — Sat, 08 Jun 2013 12:43:13 +0000

Big Red Car here. Nice cooooooooooooooool night but WTF about this humidity? Almost 80% — that’s like freakin’ Houston. Houston, we’ve got a problem! Haha, Big Red Car, you are starting early today. Cut the crap, Big Red Car and get on with today’s story. So the house sitter runs the snot out of the […]

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Rich People Are Not Stupid When It Comes To Income Taxes

Big Red Car — Tue, 29 Jan 2013 19:20:03 +0000

Big Red Car here. Out early, very breezy here in the ATX but warm nonetheless. Will be 75F today. Hey, NYC, how you like them apples? Phil Mickelson and his taxes Well The Boss is chatting about some stuff with a pal of his and the subject of Phil Mickelson and his recent comments about moving […]

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