Ahhhh Socialism...where people wait in line for bread, as opposed to Capitalism, where bread waits on shelves for people.

January 5, 2108

Harold Hamm’s Opinion on President Trump

June 12, 2017

Why Temporary Corporate Income Tax Cuts Won’t Generate Much Growth

April 30, 2016

What you need to know about Socialism

The Economic Situation (From Mercatus Center – Bruce Yandle) by Greg Karnes

June 10, 2015

 

The Economic Situation (From Mercatus Center – Bruce Yandle)

 

The US Economy has been stagnating since March. This slowdown in growth is associated with faster money printing presses in Europe and falling economic growth in China and Asia. It is also a result of bad monetary policy from the Federal Reserve. There should be little doubt that the regulations put on the economy by the government would produce these negative results as history has shown most regulations tend to do this.

1,000 People a Day - Why Red States Are Getting Richer and Blue States Poorer (From Heritage Foundation-Ste... by Greg Karnes

May 05, 2015

 

1,000 People a Day: Why Red States Are Getting Richer and Blue States Poorer

 

Every day in America the 50 states compete against each other for people, jobs, investment capital, and overall prosperity. This interstate competition is economically healthy because it forces governors and legislators to adopt fiscal and regulatory policies that maximize job opportunities and prosperity for their citizens. Right-to-work laws and low income taxes are the two policies that matter most in terms of the prosperity of states. If every state were to adopt the pro-growth policies recommended in this study, each state and the nation as a whole would be better off.

March 25, 2015

 

The Hudsucker Proxy Shows the Value of a Price-Coordinated System

 

Market prices are signals that help people figure out what economic activity is valuable to society and what isn’t. The film The Hudsucker Proxy helps us to see the point, explains Andrew Heaton in the latest edition of EconPop:

March 02, 2015

 

Making the New Normal Meaningful

 

The strategies that raise a country from poor to middle-income status will not work to raise it from middle-income to rich. Poor countries have very different capital stock, labor productivity, land utilization, and capacity for innovation than middle-income countries. Unfortunately, old policies seem politically easy. Many middle-income countries try to become rich by sticking to a development model that no longer works. This is the middle-income trap, and it makes the concept of “the new economic normal” in China a very valuable one. If it is more than a slogan, the new economic normal can help China escape the middle-income trap. It must feature policies that: 1. Increase competition, not cooperation, in the corporate sector. 2. Give farmers sharper rights to their land, as the original reforms did in 1978. 3. Rapidly integrate labor markets, so a shrinking workforce is more productive. 4. Dramatically slow or halt the accumulation of debt to avoid stagnation.

Making-the-new-normal-meaningful.pdf
Adobe Acrobat document [242.5 KB]

February 5, 2015

A slump without a stimulus: It happened in 1921. James Grant tells the story of how the economy recovered without government intervention or expansion:

January 30, 2015

Free To Prosper: A Pro-Growth Agenda for the 114th Congress

With the start of the 114th Congress comes a fresh opportunity to address the challenges created by a broken government. The Competitive Enterprise Institute’s top policy proposals for the 114th Congress center on substantive regulatory reforms needed to improve America’s economic health. In 2014 alone, 3,541 new regulations hit the books, and the burden is constantly growing. If federal regulations were a country, their cost would amount to the world’s 10th largest economy. In addition, CEI recommends that Congress continue to conduct fundamental oversight to protect Americans from executive overreach. Over the last six years, federal agencies have sought to usurp power from the legislative branch. Congress has a responsibility to demand honesty and accountability from our leaders and defend the rule of law.

Free to Prosper.pdf
Adobe Acrobat document [1.8 MB]

Get in Touch With Me.

Call me at 405 810-8119 with any questions or to schedule an appointment.

 

Greg Karnes CPA

4301 NW 63rd St, Suite 200

Oklahoma City, OK 73116-1504

 

Or you may use my contact form.

 

Competitive Fee Structure

 

… but if you are looking for the cheapest, you are probably best served by looking elsewhere…

New tax clients are expected to provide copies of their last 3 years of tax returns and provide permission to contact prior accountant to resolve any issues, if necessary.

 

Regretfully, I am unable to accept new clients who have unfiled prior-year’s tax returns,  who are not current with all prior tax obligations, are involved in any marijuana-related business ventures, have any income from gambling, or are personal-injury attorneys.

 

Though not required, supporters of President Donald J. Trump & Governor Kevin Stitt are generally preferred.

ODELL BECKHAM JR.

NOVEMBER 23, 2014

GREATEST CATCH EVER ??

RUSSELL WESTBROOK

FEBRUARY 16, 2015

NBA ALL STAR GAME MVP

41 POINTS  

3RD MOST EVER SCORED

OU SOONER - SAMAJE PERINE

NOVEMBER 22, 2014

427 RUSHING YARDS

MOST EVER BY A COLLEGE RUNNING BACK

LOWER TAXES

=

HIGHER GOVERNMENT REVENUE