The best discussion of our understanding of modern tax policy comes from the classic television show Seinfeld. Everyone’s favorite economist, Kramer, encourages Jerry to defraud a company because big companies don’t need to worry. “Jerry, all these big companies, they write off everything.” Jerry claims that Kramer doesn’t even know what that means. Kramer’s defense: “But they do and they’re the ones writing it off.”

Much of what you know about the New Hampshire primary is wrong or misleading. Six months before the election seems like a good time to sort out some fact and fiction.

Right now you should pay less attention to presidential election. Paradoxically though, you should also paying more attention. The real problem is the media covering the election acts as if they’ve never covered an election before and have no familiarity with elections in general.

The political chattering classes would prefer primaries and debates to be run for their own entertainment and are generally annoyed at the patience and caution with which the vast majority of voters approach the process.

The ongoing state budget fight is about yesterday not tomorrow. Big government squabbles are never about what the press release claims. This one won’t and can’t be resolved quickly. The press conference phase of the budget that we are currently undergoing amounts to positioning before negotiations which can’t begin until official documents are released at the beginning of the Fall.

One of the greatest obstacles to our current crop of politicians getting along with each other is a lack of information or at least a lack of good information. Sharing information and sharing it correctly is important not just for the sake of government transparency but so political squabbles are more constructive.

Charlie Arlinghaus July 15, 2015 As originally published in the New Hampshire Union Leader Today is the Ides of July — or Quintilis if you aren’t fond of Julius Caesar –and a good time to remind us all what we do and don’t know about taxes — that perennial political football. Tax myths abound and all […]

Fissures over fiscal policy are fed by fanciful fictions that threaten the focus needed to fix the state’s financial budget. Political statements mislead you and indefensible charges are designed to distract you from a simple but philosophical disagreement.

Charlie Arlinghaus July 1, 2015 As originally published in the New Hampshire Union Leader Today’s politics are a model of civility and decorum compared to the budget debates of the recent past. The remarkably mild name calling associated with the current governor’s veto of the budget pales in comparison to the rancor and high drama of […]

The juvenile rhetoric that dominates so much of politics today makes it hard to sort out the looming budget veto and the issues beneath it. The first step to understanding is to ignore everything every politician says.