There is no “silver bullet” when it comes to tax reform. Any tax reform measure will involve shifting the tax burden from one type of tax to another. Property taxes are the most reprehensibly immoral tax and should be abolished in SC.

The property tax debunks the whole idea of “real home ownership” and requires owners to “rent” a home even after the mortgage is paid. Families never really own their home as long as it can be taken from them.  Many seniors today struggle on a fixed income and are constantly under the government’s threat of eviction unless they pay their tax bill. Is not home ownership a unique part of the American dream that sets us apart from other countries? Property owners are forced to pay a bill regardless of one’s income and must pay even if the owner has been laid off or is on a fixed income.  Not only is the property tax morally wrong but it stifles economic growth.

Eliminating the property tax can help prevent upstate families from losing their homes from foreclosures by eliminating the property tax escrow payment and greatly reducing a family’s mortgage payment. Abolishing the property tax could be a creative mechanism in stimulating the housing market by making homes more affordable for upstate families and investors. Building permits would skyrocket and would allow homeowners to spend more money in their local economy.

How would “no property taxes” help new and existing businesses? New businesses would be attracted to relocating to our state and would add new jobs and help grow our economy. For many existing small businesses not having to pay the high fixed costs of property taxes would allow them to hire more employees and expand their businesses. Property reassessment and administration costs would also be eliminated, saving money for our local governments.

Abolishing the SC property tax is our moral imperative. Is it fair to put the entire tax burden of paying for public schools on only one group in South Carolina, the SC property owner? Many superintendents of school districts, who have PhDs in education are taught that there are three main components of taxes: income, sales, and property, which are all essential toward a good educational system. If this is true, then why are SC schools ranked as the lowest in the country? There must be a paradigm shift in the way we think about SC taxes and educational reform.

Currently there is no tax on certain groceries like unprepared foods, soda, and candy, etc. in SC. Recently, Rep. Kit Spires, in Columbia, pre-filed a bill to eliminate property taxes and charge a sales tax on groceries that would bring in an estimated $375 million a year. With this tax everyone will pay their share of the tax burden. This is a bold move taken by Spires and is the first step in finding a “fair” solution for SC.

In conclusion, legislators must do the moral task of abolishing SC property tax, cutting wasteful spending, balancing the budget, finding other streams of revenue to fund schools, and most importantly, giving SC families financial security in truly owning their homes.

by Joshua Cook

Share this:
Share this page via Email Share this page via Stumble Upon Share this page via Digg this Share this page via Facebook Share this page via Twitter

A workplace is made up of individuals that have a common goal of making a company successful. Differences in work areas, work styles and personality can cause communication problems or friction among office factions. It has been proven time and time again that when a group of individuals work together they can get far more accomplished than by working alone. Team bonding exercises can break down barriers between workers, strengthen cooperation between workers, foster the free flowing of ideas and improve overall company performance.

Most people that have never engaged in team building exercises may at first have a negative or cynical view about them. Some think that these types of activities are corny and a waste of time. Therefore, once management has decided to incorporate some good ole fashioned team bonding into the workplace, the first task is to convince all of the employees that this is a worthwhile endeavor. This requires managers to display a positive attitude about the company’s commitment to teamwork.

Good Reasons to Do Team Bonding

Achieving Common Goals

Often, workers can feel like they are just showing up at the company to put in their time. They do what is required of them, but there is no sense of a bigger purpose to their daily routine. Putting them in situations where they learn how to work within a group to achieve a common goal is a great idea. They begin to see that their efforts, combined with others, make the company successful.

Improves Company Moral

A company’s success is largely determined by the moral of its workers. When moral is high, employees put forth great effort in all aspects of their job. However, when moral is low, job performance suffers. Bad moral can directly dampen productivity, which leads to lower profits. Many companies have annual team bonding activities in order to instill a sense of high value and self-worth into their workers. People enjoy working for companies that appreciate them.

Here are some fun and highly effective team bonding exercises:

Building Blocks

Separate the group into individual teams. Using a set of children’s building blocks, the instructor creates a unique structure and puts it on display for the teams. The structure should be far enough away so that no one on any team can clearly see how it was put together. Each team designates a leader to represent them. The instructor calls each team leader over, one by one, to take a look at the structure. Leaders have a total of 10-seconds to memorize the layout of the structure. They return to their team and get another 25-seconds to explain to the rest of their team how to recreate the structure. Team members must then build the structure with their own set of blocks based on what they heard. They have 1-minute to complete this task.

If they are not successful in creating an exact replica, they elect another team leader and go through the process again. This is repeated until teams have accurately copied the original structure.

Coin Logo

Separate employees into groups of three to six people. An instructor distributes several coins to each group. There is a table that has materials such as pens, pencils, colored markers and notebooks. Each team is told that they are going to create a unique team logo. This logo will represent something about the company that is important to each team member. They are then directed to use the coins and supplied materials to create their logo. They have 10 to 20 minutes to complete the exercise.

Once every team has a logo, each team chooses a leader to represent them during the second part. Leaders present their team logo and explain to the whole group what the logo means. After the presentations, there is a general discussion about what was learned.

Puzzled Thumbs

This exercise requires simple children’s jigsaw puzzles and a stopwatch. Each team is given one puzzle. They must place the pieces face up on a table. Teams must assemble their puzzle without using their thumbs. Once done, they alert the instructor who stops the clock. Teams can repeat to better their time. Any use of thumbs causes a 1-minute penalty.

Tablecloth

Create teams of six to twelve people. Teams are given a tablecloth that has a different pattern on each side. Team members lie on their backs with feet forming a close group circle in the middle. They raise their feet into the air and the instructor drapes a tablecloth over everyone’s feet. They must then work in unison to flip the tablecloth over to the other side without dropping it. If a tablecloth is dropped, that team must start over. They have 5-minutes to complete this task.

Yurk Circle

A group of people stand in a circle, a little less than one arms length away from the next person. They are instructed to hold hands. Each person is told that they are either an “in” or an “out” for the purpose of this exercise. All “in” designated persons should be standing next to an “out” designated person.

On cue, the “in” people are told to lean in towards the center of the circle as far as they can. The “out” people are told to lean backwards from the circle as far as they can. The entire group is forced to work together in order to maintain their balance. This fun exercise builds trust.

by Joe Shervell
article was supplied by www.phoenix-training.co.uk
Contributing Columnist

Share this:
Share this page via Email Share this page via Stumble Upon Share this page via Digg this Share this page via Facebook Share this page via Twitter

The High Cost of New Hires

Share this:
Share this page via Email Share this page via Stumble Upon Share this page via Digg this Share this page via Facebook Share this page via Twitter

Obamacare and the US economy

by Igor Sill.

As President Obama launches his campaign to extend tax cuts for the middle class, he is hopeful of shifting key economic issues, unemployment and housing markets, to the issue of “tax fairness”. He hopes that the enormous hidden tax implications of Obamacare will somehow be lost via this new political distraction.

There is no question that Chief Justice John Roberts revealed the true facts surrounding the Obamacare tax increase last week when he asked if “Congress thought of it as a tax, if they defended it under the tax power, why didn’t they say it was a tax?”

The records show the response from the Obama administration as: “They might have thought, your Honor, that calling it as they did would make it more effective in its objective, but it is in the Internal Revenue Code, it is collected by the IRS on April 15th.” If the provision appears in the Internal Revenue Code and operates as a tax, it is indeed a tax. Attempting to fool, deceive and/or confuse taxpayers is a clear “no confidence” vote getter.

Let’s remind the President of his campaign pledge not to raise middle class taxes.

As a result of Obamacare and many other policy enactments, our economy will continue its downward spiral. The risk equation in our economy is now greater and the prospects of growth revival far lower. We are quickly dismantling our country’s growth engine with these continued massive deficits, regulatory job-destroying burdens, increased governmental entitlements, programs and costs, major tax increase initiatives, bailouts, export driven outsourcing, locked up credit, carried interest and capital gains tax uncertainties. Obamacare being a prime example. All of these elements exacerbate our continued high unemployment and housing woes.

With Obamacare, small companies, which make up the majority of our economy are incented to drop health insurance coverage and instead provide employees with a stipend to purchase their own insurance on the open markets. It’s clearly a cost savings for companies to take this route with the justification that employees may be able to get better insurance coverage than the company offered. Of course, we know what happens when 15% of the population is burdened with paying for 85% of its people.

If the Obama administration’s objective is to support full employment, there are far better policies to accomplish this over our current unemployment benefits insurance. The majority of economists concur that unemployment benefits generate additional unemployment, pure and simple. Having the employed pay for extended unemployment entitlements fuels the current depression era sentiment of Wall Street, causing its dire effect on our economy. Stepped decreases and termination of unemployment benefits after a given point is the catalyst to helping people help themselves in securing jobs.

Excessively high tax rates are counterproductive and result in de-incentivizing capital investments (key to employment growth), which in turn suppresses governmental tax revenues. Simply put, tax cuts are absolutely key to job creation. Job creation and low unemployment are key to consumer confidence. All of which are key to economic recovery. Tax increases, ala Obamacare, will continue to severely depress the economy and further erode Obama’s dismal recovery attempts.

A prosperous economy is fundamentally all about job creation, productivity and consumer confidence. We need to grow our economy from the Middle class up, not suppress it. The reality is that the vast majority of those wealthy (+$250,000 incomes) people lost 30-50% of their wealth over the last 4 years due to the economy, lost jobs and investment losses, while no one on any federal entitlement program took a 30-50% cut. The taxpayers who paid into those entitlements certainly did.

Policies geared to boosting mortgage interest deductions, cutting governmental spending, deploying additional stimulus spending so as to create jobs and get us on a path to a 3+% economic growth rate would get us on the right path. Enacting those policies and governmental mandates quickly is the key to insuring our economy’s rebound and long-term success. Frankly, Mitt Romney has long figured this out and mapped out purposeful resolutions. I don’t think I can survive another 4 years of Obama, and am certain that the US economy won’t.

Article written by Igor Sill.
Igor Sill studied Economics and Political Science at UC Berkeley, and received his Masters from Oxford University as a Merton College fellow. He is a member of the Royal Economics Society, and the Oxford Finance & Investment Society, and studied Reaganomics. He founded Geneva Venture Management and resides in San Francisco, California.

Share this:
Share this page via Email Share this page via Stumble Upon Share this page via Digg this Share this page via Facebook Share this page via Twitter

Thoughts on Immanuel Kant

Kant is one of my favorite philosophers. Just a few additional thoughts: Kant stated that there were two things he always pondered, “the starry sky above us and the moral law within us.” Kant created a wedge from scientific knowledge and practical reasoning. In his critique of practical/moral reason he wanted to make it clear that though we cannot know metaphysical concepts like God directly (because God is a “thing in itself” and not something we can experience directly), we as moral agents can be justified in our belief (even though it cannot be proven scientifically) and are obligated to believe in God who gave us moral laws, the soul (in which we will be judge by performance or non-performance of those laws), a future state, and free will. These four things are necessary presuppositions in order to behave morally. Without them we will not behave morally. Kant contends that we must believe in our freedom to act and be responsible to do so. Kant greatly influenced the Enlightenment and future moral thought. Kant changed everything!

Share this:
Share this page via Email Share this page via Stumble Upon Share this page via Digg this Share this page via Facebook Share this page via Twitter