E-Newsletters
I've said before that you cannot tax your way to prosperity. I also believe you cannot tax your way to energy independence. Yet there are still those who want to increase the gas tax or implement a cap and trade-style energy tax to reduce our energy consumption. I believe the best thing to do is increase our supply of American energy.
Missouri has a long history of producing coal. In fact, the Show Me state was the first state West of the Mississippi to produce coal for commercial use. When it comes to the generation of electricity in the United States, about half of that power is provided by coal.
Here we go again. Gas prices have risen for the last 20 straight days and we are now closing in on $4 gas. It's time for this energy-rich nation to stop acting like an energy-poor nation.
There are few things in life that seem as unfair as a death tax. After a lifetime of building up your farm or small business, the notion that the federal government is owed anything upon your death is outrageous to me.
We all rely on agriculture at least three times a day. From the orange juice you enjoy in the morning to the popcorn that you eat at night, agriculture provides our nourishment each and every day. No matter where you live, your grocery store is filled with produce, fruit, meat and dairy products.
With the mild winter this year, many farmers are starting to worry about how the dry winner will affect planting season. There is enough to worry about without new regulations from Washington.
My colleague and fellow farmer, Blaine Luetkemeyer, and I have in the past secured a federal waiver that ensured the timely delivery of farm supplies for the planting season.
I am often asked where I get my work ethic. The answer is easy: from growing up on a farm. I learned about responsibility at an early age by caring for animals and working with my family in the field. To this day, those lessons I learned about the value of an honest day's work have stuck with me.
Last week the President laid out his plans in the annual State of the Union address. In the coming weeks, the President will submit a budget for the year and Congress will begin to debate it. Budgets are about priorities and this is where the hard work of balancing our nation's budget should begin.
The Constitution says that the President shall "from time to time give to the Congress information of the State of the Union…" That time comes this week as the President will report on the condition of our country and outline his legislative goals for the year.
Every occupation has its busy season. For farmers, it's during planting and harvesting. For teachers, it's the hustle and bustle of a new year. For amusement parks, it's the summer season. It's no different for tax accountants who are busy studying up on the over 70,000 pages of tax rules and regulations.