About: Laurence M. Vance
Posts by Laurence M. Vance
Of Course Tax Cuts Benefit the Rich
Tax cuts benefit the rich because they are the ones who pay the bulk of the income taxes collected, and always have. ...
Mayweather’s Next Fight
Nearly everyone knows about the recent fight between boxer Floyd Mayweather and mixed martial artist Conor McGregor. What people may not know, and...
How to Pay for Tax Cuts
Any tax reform plan that does not “pay” for tax cuts with cuts in spending is just a waste of time. ...
Review of “A Tipping Point for Liberty”
One of Ron Paul’s right-hand men, Adam Dick, has put together a collection of articles on the foolishness of the Big Government position...
Review of Ron Paul’s New Book “Swords into Plowshares”
Former presidential candidate and Congressman Ron Paul goes in-depth, using both moral and economic reasons, about why America should go to war only...
Exporting Welfare
The U.S. government borrows nearly half of what it spends, yet it gives billions to countries around the world, though foreign aid hasn’t...
Why Not Five Percent?
Representative David Jolly (R-Fla.) has proposed an “Alternative Maximum Tax” limiting any non-corporate taxpayer’s total tax payment — including federal, state, and local...
Taxes: Are the Poor Paying Their “Fair Share”?
Contrary to the claim that “the rich” aren’t paying their “fair share” of taxes, the IRS says that about half of Americans —...
Bye-Bye Debt Limit
Congress is spending money at such a rapid rate that it has been forced to repeatedly revisit increasing the U.S. debt limit. Now...
GOP Support for Government Healthcare
Republican stalwarts claim to want smaller government, including less involvement in healthcare, but their occasional constitutional rhetoric seldom is followed by proper action....
The Future of Social Security
Social Security appears to be only a little “broke” — instead of really broke — because of accounting gimmicks. The fact is that...
The Importance of Tax Deductions
Tax deductions are not subsidies. They don’t have to be “paid for.” Yes, they deprive the government of revenue, but that is essential...
Tax Credit or Income Transfer?
It is a good thing when taxes are reduced. But when refundable tax credits provide taxpayers with more money than they paid in,...
Fifty-seven Good Things About the Sequester
There are 57 ways the sequester could sting you, says Jeanne Sahadi, a senior writer at CNNMoney. The following 57 things are her...
Republicans at Their Best and Their Worst
Thanks to the liberal Independents Joe Lieberman of Connecticut and Bernie Sanders of Vermont, the Democrats have controlled the U.S. Senate since the...