Mr. Barthold ran an experiment in which he eliminated some major tax expenditures and measured how much of a rate reduction that would permit while remaining revenue neutral.
FORBES: Eliminating Tax Expenditures To Cut Rates - Early Results Are Underwhelming
The report cites other benefits such as the avoidance of major capital expenditures associated with new power plants and even the retirements of some older and less efficient generators.
For bigger healthcare expenditures, such as major surgery and hospitalizations, a catastrophic health insurance policy could be purchased that would reimburse once costs reached a predetermined threshold.
Much like that great golfing analogy (driving is for show, but putting what wins you the dough), there is a distinct difference in mobile advertising income and expenditures over the two major platforms.
FORBES: Mobile Advertising In A Nutshell, Android For Show, Apple For Dough
There are many reasons why households might extract equity from their homes: to finance household expenditures, to make major home repairs or improvements (so-called residential investment), to consolidate more costly debt, such as credit card debt, to invest in personal businesses or other forms of entrepreneurship, to help finance the purchase of other real estate, or to engage in a form of investment arbitrage, or a mixture of the above.
And again, without prescribing the contents of that deal, which is only a one-year deal, what I think is irrefutable is that no single-year fiscal deal is going to resolve the long-term debt issues that face us in terms of entitlements, tax expenditures, defense spending, and all the major drivers of long-term debt that have to be addressed.
But the majority view that spending and tax expenditures are not inherently equivalent speaks directly to a major flaw in how we oversee the federal budget.
FORBES: Supreme Court Says Tax Expenditures Aren't Government Spending
Obesity is a major cause of morbidity and mortality and is associated with high medical expenditures.
FORBES: Alcohol, Obesity and Smoking Do Not Cost Health Care Systems Money
If the sequester goes into effect, personnel furloughs and cuts should be most evident at federal agencies that spend most of their appropriated funds on salaries but cannot reduce expenditures by, for example, delaying deployment of an aircraft carrier group or cancelling major purchases.
FORBES: Sequester Or No Sequester, Federal Agencies Could Spend Less
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