Archives for “Taxes”

In February, Shout Bits exposed the fraud in Colorado’s renewable energy mandate law. The law was deceptive in that it purported to mandate 30% of the State’s electricity come from renewable sources. In reality, it shifts much of Colorado’s electricity from coal to more expensive and unpredictable natural gas. The law was fraudulent because it [...]


Unlike the private sector, government accounting is unaccountable. Governments are free to toss out ridiculous figures without an audit or criticism – Pres. Obama’s stimuli have saved 3 million jobs, please. One way governments claim to save money is through creative financing that would be illegal in the private sector. One recent example is the [...]


Whenever someone says “you know I am good for it,” or “I am going to pay you back really soon,” or “I am just a little short right now,” it is safe to conclude that you are not going to be paid and that the person to whom you foolishly lent money is broke. When [...]


Shall there be an amendment to the Colorado Revised Statutes concerning limits on government charges, and, in connection therewith, reducing vehicle ownership taxes over four years to nominal amounts; ending taxes on vehicle rentals and leases; phasing in over four years a $10,000 vehicle sale price tax exemption; setting total yearly registration, license, and title [...]


Every so often the media gushes over a billionaire who supports higher taxes on the so called rich. ‘How wise, how generous, how progressive, how unexpected’ they rave at the likes of Warren Buffet or George Soros. Why do these businesspeople so often support higher taxes on ‘the rich?’ Some may guess that these billionaires [...]


When politicians want more money, they rarely ask honestly. V.P. Biden called paying extra taxes a “patriotic duty.” Colorado passed a multi-billion dollar tax increase, Referendum C, by calling it the “Economic Recovery Act.” Sen. R. Dole and Pres. Reagan passed the “Tax Equity and Fiscal Responsibility Act of 1982.” Lotteries, a tax on stupidity, [...]