Gay Gains

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Recognizing gay marriage would reduce, yes reduce, federal spending by about $500 million/year. While that’s just two-hundredths-of-one-percent of annual federal spending, it helps. Spending will fall because generally fewer married couples qualify for (means-tested) entitlements such as welfare, Medicaid, Medicare, and SSI. Moreover, added revenue from the “marriage penalty” more than offsets all increases in…

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Lots of People are Asking Why…

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If profits are booming why aren’t jobs plentiful? Well, from what I can tell the bulk of earnings this cycle were derived offshore and since U.S. companies get “dinged” on earnings they remit home what happens is that the foreign-derived income stays exactly where it is earned―abroad!! Fixing the corporate tax code will help. Anybody…

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