Chet Collins

Hope you had a nice weekend!

The United States Senate just passed a bill to raise taxes on every single American, from those making $10,000 a year all the way up to $1,000,000+.

So much for only raising taxes on people making $400,000+.

I love a good late summer storm.

⛈

Inflation Reduction Act Tax Changes: Details & Analysis - Tax Foundation

It would also reduce average after-tax incomes for taxpayers across every income quintile over the long run.

And if we’re honest with ourselves, the government is so much better at spending our money than we are.

Summer storms.

Do you know the perfect solution to high inflation and a recession?

More spending and new taxes!

The grain silo is never empty.

It’s a lot of work, but I’m grateful for the work.

Curls (2022)

Cost of Democrats’ Corporate-Tax Increase Skews to Wealthy, Reaches Middle Class - WSJ

“These companies are playing the most games, and avoiding tax by manufacturing their drugs, phones, and shoes abroad,” Senate Finance Committee Chairman Ron Wyden (D., Ore.) said. “This is a minimum tax for tax dodgers stamping ‘Made in China’ on their products.”

They’re playing the game by the rules that you wrote, sir.

Equifax Sent Lenders Inaccurate Credit Scores on Millions of Consumers - WSJ

“The impact is going to be quite small,” Mr. Begor said, “not something that’s meaningful to Equifax.”

Terrible quote from an even worse company.