taxes

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What comes after *Yes, we can!*

So what next for climate activists swept up in ‘Yes, we can!' mania?  Perhaps we first must acknowledge how hard this is going to be.  As a friend wrote to me in reaction to last week's blog post, "I share your enthusiasm about the long-term, but the near term is going to be very challenging.  Obama needs to convince the public that some pain is required immediately in order to clean out the problems in the financial system, mortgage markets, and budget deficit." My friend is right of course, and so-far-so-good
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How Would You Spend It?

Congress passed the bailout plan with a price tag of nearly a trillion dollars, but the ink was hardly dry on this new Monopoly money when quite a few experts began to predict it wouldn't be enough. Some estimates hope the "investments" that taxpayers will make in bad debts could ultimately turn a profit, but how likely is that?
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Liftoff

Rocket launches are always exciting. So are clean energy revolution launches. Although I have never attended the launch of an American space rocket, I have been there at the launch of a clean energy revolution, a more terrestrial but just as important effort – one that will surely be as big a leap for mankind as the one that took place on the Sea of Tranquility.
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A Level Playing Field

Everyone hates their taxes being spent on subsidies — unless it’s to subsidize their own industry. It’s time for an honest debate about the role of subsidies in a 21st Century economy and, at least, a restructuring to a more level playing field.