Tax apocalypse, that is. In New York City it will be an existential crisis, but it will happen to a greater or lesser degree everywhere. The consequences will be political as well as economic. We are living in interesting times.
August 20, 2020
June 23, 2019
May 26, 2019
The breakdown of civilization
Big cities governed by politicians who are unwilling to enforce laws lead to societal breakdown. This is another indication of such a breakdown. A similar thing happened in 1970s New York. People living in close proximity to each other require a more strict adherence to agreed societal norms backed by law enforcement. See also.
May 18, 2019
States tax policy
I expect that we will see states with high income taxes get even more aggressive in attempting to claim residents really haven’t left the state for income tax purposes. Ultimately they won’t be successful which will lead to tax increases and an ever more vicious cycle of rich people leaving.
May 6, 2019
New York wiped out
At least in an asteroid impact simulation. Frankly, it is comforting to know that there is at least some attention being paid to this issue.
February 15, 2019
Interesting discovery
An amazing discovery at a constructions site in NY. It appears that the bodies of 11 patriots have been found, soldiers who served during the Revolutionary War. The news report seems to indicate that it is being handled with the respect that the discovery deserves.
February 7, 2019
Taxes, how do they work?
If a state has high income taxes, and the federal government stops subsidizing them by limiting the federal deductibility of SALT taxes, comedy ensues.
July 31, 2018
Tar and feathers
Any bureaucrat who shuts down a kid’s lemonade stand needs to be tarred and feathered.
June 1, 2016
Give that man a medal
In the same situation, I can only hope I would do the same.
July 24, 2014
Eat out their substance
Every time I read a story like this……
I recall this line from the Declaration of Independence. “He has erected a multitude of New Offices, and sent hither swarms of Officers to harrass our people, and eat out their substance.”