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California’s breakup with the NFL

Liberty Unyielding - Wed, 10/11/2017 - 11:53am
Andrew Beaton, WSJ

To Kneel or Not To Kneel

Tea Party Tribune - Wed, 10/11/2017 - 11:05am

To kneel, or not to kneel, that is the question. Weather it is nobler to take a political stance or just play a game for the people who pay you millions of dollars to work on Monday night! When the NFL decided to fall to its knees it took a massacre the size of Custer’s last stand to bump it off the front page, and even then the ratings didn’t hold and we switched back to the end zone again.

On the surface there’s really nothing wrong with it, but it seems that Twitter Power takes on a life of its own. The west coast burning down, no problem. One Hung Low lights the fuse on another bottle rocket. Forget about it. People in Houston going to work in a scuba suit, stylish. Some overpaid ignoramus assumes a Miley Cyrus pose! Stop the presses!

When did football replace baseball as the national sport in the first place. Where’s basketball in all this mess, shucks, where’s chess? The NFL has held the national eye for far too long. The freaking Beverly Hillbillies only had eight seasons. Football developed a cult following way back. I only watched the Cowboys. Well, to be honest I was really watching the Dallas Cowboy Cheerleaders. Guess they were lucky Harvey Weinstein wasn’t the coach there.

Oh, and there’s another thing. Some Hollywood fat cat turns out to be a perv and everybody’s butt falls off. That’s why people go to California people. A state where a tiger can marry a chair. Ever hear of the “producer’s couch?” Producer’s love couch for say, Shirley Temple. Bill Clinton hasn’t chimed in on that one yet. Guess the cell service on Ecstasy Island is down. Chelsea is quiet too, but she’s running a beauty contest with Ivanka.

In spite of all this President Trump is Tweeting away and the Main Stream Media still doesn’t get it. Their whole put togethers is being discombobberlated by a guy with a cell phone. George Soros is having to run to the bank everyday just to shove enough money up their butts to try and shoot down a Twitter Post. Am I the only one who sees this. To kneel, or not to kneel, that’s not the question. The question is why isn’t the beer sold in the stands colder, and served in bigger cups?

The post To Kneel or Not To Kneel appeared first on Tea Party Tribune.

Jake Tapper asks whether even sexual predators must be viewed through a partisan lens

Liberty Unyielding - Wed, 10/11/2017 - 10:35am
[Ed. – Everything is political.] “You don’t get to pick and choose which ones you find valid and outrageous based on political party,” he scolds. Uh, it’s 2017. Of course you do. The allegations against our guy are all false, the allegations against their guy are all real. That’s how tribalism works. Although in fairness to […]

Cartoon of the Day: Off target

Liberty Unyielding - Wed, 10/11/2017 - 10:31am
Gun control

College prof suggests that this was cause of Las Vegas massacre

Liberty Unyielding - Wed, 10/11/2017 - 9:42am
Once the evil known as toxic masculinity can be explained and eradicated, massacres will follow.

CIA officers testify at Benghazi terror trial

Liberty Unyielding - Tue, 10/10/2017 - 9:40pm
Josh Gerstein, Politico

Jimmy Carter offers to meet with Kim Jong-Un

Liberty Unyielding - Tue, 10/10/2017 - 9:18pm
Mallory Shelbourne, The Hill

WingNuts

Tea Party Tribune - Tue, 10/10/2017 - 4:19pm

Well, the WingNuts is a flyin! The LasVegas PD is revising the time line for the mass shooting. Originally it was believed the shooter abated upon the involvement of a security guard he observed coming down the hall via the camera he’d set up on a service cart, not observed by any personnel during the entire time rounds were popping off. Now they claim the the guard was actually the first shot, and hung around the passage trying to decide if he should file a complaint with the front desk or not. Talk about what happens in Vegas staying in Vegas! It would be like the Kennedy motorcade proceeding on to the Trade Mart after the assassination.

Conspiracy theorists love what they call “false flags.” Everything’s a false flag. There are more flags flying than on top of a circus tent filled with clowns. This event is falling under two categories. The shooter was ISIS and they actually did the shooting or he was CIA and THEY did the shooting. Of course either or shot Paddock making him the fall guy.

Then there was this video put out explaining how EVERYTHING is a false flag. Details about how all 22,000 concert goers were hired “crises actors,” and no one was actually killed. Now, I’m just a Simple Ol’ Boy From Austin, but did I miss something here? I’m getting notices every five minutes from Alex Jones as he finds yet another reptilian shooter on whatever grassy knoll Las Vegas has to afford.

This won’t get any better folks. It’s just getting started. Amazing no security cameras caught a thing. I mean a high end hotel in Vegas with cameras set up to see if you’re counting cards with you eyes totally missed everything! If you believe that have I got a bridge for you, and it’s on sale! Flying saucers? Flying WingNuts! Only took a week before claims of no bodies surfaced. As you remember there weren’t any bodies at Sandy Hook either. Must’ve been taken by aliens to Area 51.

We will all be dead of old age before this is resolved. No, I take that back. They’re still saying weird things about Lincoln’s death. Personally, I think John Wilkes Booth and Mary Todd Lincoln were having an affair! Where do you think Billy the Kid came from? There’s no real evidence of his birth and that’s NOT him in that grave in New Mexico! It’s true, it’s true! I saw it on TV!

The post WingNuts appeared first on Tea Party Tribune.

Can a massive Middle Eastern bank be sued for funding terror? SCOTUS will decide

Liberty Unyielding - Tue, 10/10/2017 - 3:11pm
The justices will not decide the merit of these claims. Rather, they will decide if the bank can be sued in the United States at all.

ESPN commentator Jemele Hill’s suspension was based on color — this one

Liberty Unyielding - Tue, 10/10/2017 - 2:49pm
Hill tweeted Sunday that fans who disagree with Dallas Cowboys owner Jerry Jones should boycott the team’s advertisers.

Higher Tax Rates = Fewer Superstar Innovators

Center for Freedom and Prosperity (CF&P) - Tue, 10/10/2017 - 12:32pm

shared some academic research last year showing that top-level inventors are very sensitive to tax policy and that they migrate from high-tax nations to low-tax jurisdictions.

Now we have some new scholarly research showing that they also migrate from high-tax states to low-tax states.

Let’s look at some of the findings from this new study, which was published by the Federal Reserve Bank of San Francisco. We’ll start with the issue the economists chose to investigate.

…personal taxes vary enormously from state to state. These geographical differences are particularly large for high income taxpayers. …the average tax rate (ATR) component due solely to state individual income taxes for a taxpayer with income at the 99th percentile nationally in 2010…in California, Oregon, and Maine were 8.1%, 9.1%, and 7.7%, respectively. By contrast, Washington, Texas, Florida, and six other states had 0 income tax. Large differences are also observed in business taxes. …Iowa, Pennsylvania, and Minnesota had corporate income taxes rates of 12%, 9.99%, and 9.8%, respectively, while Washington, Nevada, and three other states had no corporate tax at all. And not only do tax rates vary substantially across states, they also vary within states over time. …If workers and firms are mobile across state borders, these large differences over time and place have the potential to significantly affect the geographical allocation of highly skilled workers and employers across the country.

Here’s a map showing the tax rates on these very successful taxpayers, as of 2010. Many of these states (CaliforniaIllinoisNew Jersey, and Connecticut) have moved in the wrong direction since that time, while others (such as North Carolina and Kansas) have moved in the right direction.

Anyhow, here’s more information about the theoretical issue being explored.

Many states aggressively and openly compete for firms and high-skilled workers by offering low taxes. Indeed, low-tax states routinely advertise their favorable tax environments with the explicit goal of attracting workers and business activity to their jurisdiction. Between 2012 and 2014, Texas ran TV ads in California, Illinois and New York urging businesses and high-income taxpayers to relocate….In this paper, we seek to quantify how sensitive is internal migration by high-skilled workers to personal and business tax differentials across U.S. states. Personal taxes might shift the supply of workers to a state: states with high personal taxes presumably experience a lower supply of workers for given before-tax average wage, cost of living and local amenities. Business taxes might shift the local demand for skilled workers by businesses: states with high business taxes presumably experience a lower demand for workers, all else equal.

And here’s their methodology.

We focus on the locational outcomes of star scientists, defined as scientists…with patent counts in the top 5% of the distribution. Using data on the universe of U.S. patents filed between 1976 and 2010, we identify their state of residence in each year. We compute bilateral migration flows for every pair of states (51×51) for every year. We then relate bilateral outmigration to the differential between the destination and origin state in personal and business taxes in each year. …Our models estimate the elasticity of migration to taxes by relating changes in number of scientists who move from one state to another to changes in the tax differential between the two states.

So what did the economists find? Given all the previous research on this topic, you won’t be surprised to learn that high tax rates are a way of redistributing people.

We uncover large, stable, and precisely estimated effects of personal and business taxes on star scientists’ migration patterns. …For the average tax rate faced by an individual at the 99th percentile of the national income distribution, we find a long-run elasticity of about 1.8: a 1% increase in after-tax income in state d relative to state o is associated with a 1.8 percent long-run increase in the net flow of star scientists moving from o to d. …To be clear: The flow elasticity implies that if after tax income in a state increases by one percent due to a personal income tax cut, the stock of scientists in the state experiences a percentage increase of 0.4 percent per year… We find a similar elasticity for state corporate income tax… In all, our estimates suggest that both the supply of, and the demand for, star scientists are highly sensitive to state taxes.

Wonky readers may appreciate these graphs from the study.

For everyone else, the important lesson from this research is that high tax rates discourage productive behavior and drive away the people who create a lot of value.

Two years ago, I shared some research showing that entrepreneurs flee high-tax nations to low-tax jurisdictions. Now we know the same thing happens with top-level inventors.

And let’s not forget that it’s even easier for investment to cross borders, which is why high corporate tax rates and high levels of double taxation are so damaging to U.S. workers and American competitiveness.

P.S. I don’t expect many leftists to change their minds because of this research. Some of them openly admit they want high tax rates solely for reasons of spite. Sensible people, by contrast, should be even more committed to pro-growth tax reform.

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