May 3, 2014

Every now and then we hear about high speed rail in Oklahoma. We may want to consider the experience in England and other areas before proceeding. The economic transformation of the North of England is central to the government’s promotion of the High Speed 2 rail line (HS2). It claims that the new line would boost employment and address the North-South divide, but there is reason for skepticism. Policymakers made similar claims prior to the use of High Speed 1 for fast domestic services to East Kent. Yet, since the introduction of high-speed services, East Kent has performed far worse in terms of employment than the rest of the South East and Britain. Some parts of the area now have similar employment rates to depressed old northern industrial cities. It would appear that the impact has been too small to counteract other more important economic factors, including the very large tax bill, relatively low levels of human capital in locations on the route, and a risk that disruptive technologies will undermine many of the purported benefits.

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December 7, 2013

Oklahoma has considered high speed rail service in the past. Before we get too serious, it might make sense to consider Florida’s experience. The Tampa to Orlando high-speed rail project was cancelled by Governor Rick Scott in 2011 to shield Florida taxpayers from billions of dollars in liabilities. Yet, a recent report for the Florida Department of Transportation (FDOT) estimated that the line could have earned an operating surplus of $38.0 million by 2026. International research indicates that passenger rail projects are characterized by optimism bias in ridership and revenue forecasts. On average, eventual ridership totals 39% below forecast. If the Tampa to Orlando high-speed rail had equaled the international average (which seems optimistic, given recent cost trends in the high-speed rail industry), the cost overrun would have been $1.2 billion (45%). These deficits would have been the responsibility of Florida taxpayers.

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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

 

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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, use marijuana or illegal drugs, have any income from gambling, invest in cryptocurrency, are experiencing extreme financial difficulties, are personal-injury attorneys, in the construction industry or are in the country illegally. Newly formed businesses are frowned upon as well.

 

Though not required, supporters of President Donald J. Trump, Governor Kevin Stitt, the National Rifle Association & clients who are alpha males & females, ethical, hard-working, cheerful, optimistic and NOT easily offended are generally preferred.

 

Absolutely NO LAZY, TREE-HUGGING, CRITICAL RACE THEORY PROMOTING, ECONOMICALLY ILLITERATE,  GODLESS, RIOTING, KNEELING, CENSORING, RACIALLY & GENDER OBSESSED, DR. SEUSS BOOK-BANNING, FIREARM CONFISCATING,  BIG GOVERNMENT SOCIALISTS allowed beyond the front door, however!

Due to the alleged gang activity and drug dealing at the nearby Chelsea Manor Apts. & 7-11 Convenience Store, I would personally recommend "packing some heat" while in this area (and perhaps Penn Square Mall as well). Some believe the OKC Police Dept. has become too constrained and are hesitant to confront these gangbangers and put them behind bars where they rightfully belong. "Talk on the Street" seems to be that this emanates from an extremely weak & naive Mayor who purportedly suffers from a severe case of "Low T," a weak City Manager, a new, effeminate-looking Police Chief, who refuses to enforce our nation's immigration laws & a Ward 6 Council Girl who took her Oath Of Office using a book on Marxism.

Everything that Mayor David “Pajama Boy” Holt & Police Chief “Wily” Wade Gourley need to know to improve law enforcement in OKC is in this book…if only they had some courage...

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Make The University of Oklahoma Great Again!

 

(Let us return to the time before the “Loudmouth Communist Snowflakes” and the less than competent financial administrators arrived on campus)

Sooner Football Commitment List

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

Top 10

Taxpayer Enemies

 

Those Individuals Or Groups Who Seem Most Intent On Penalizing Success & Achievement & Desiring A Return To The Days Of Low Economic Growth During The Jimmy Carter/Barry Obama - "Sleepy Joe" Biden Era

 

(in order, as of today)

The Caracas Caucus

 

(the Top 10 “Americans” who seem most hell-bent on destroying our jobs & economy in order to advance the cause of centralized government control over our lives and private businesses to the point where we are forced to surrender our individual liberties to the state)

The Terrorist Caucus

 

Those Individuals Or Groups Who

Come Across  To Me As Ambivalent Towards Islamic

Terror Activities

The "Soft On Crime"

"Hug-A-Thug" Caucus

 

The Top 10 Individuals Or Groups Who

Come Across  To Me As Coddling The Criminal Element At The Expense Of The Public Safety Of  Law-Abiding Citizens

The “Ugly” Caucus

 

The Top 10 Individuals On The Taxpayer Payroll That Strike Me As Being Just As Unattractive On The Inside As They Are On The Outside.

LOWER TAXES

=

HIGHER GOVERNMENT REVENUE

Per Capita Taxes Have More Than Doubled Since JFK

Employers: Click here to verify that all your employees are legally in the United States

How To Anonymously Report Illegal Aliens 

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The United States leads the world in CO2 reductions

Is the individual depicted above the most ill-prepared person Oklahoma has ever had in a General Election for a U.S. Senate seat?