Category Archives: Economy

For Whom Doth the Taxman Cometh?

One of the biggest issues facing members of Congress and in the headlines is tax reform.

But from where do the tax dollars come?

Who is paying the biggest slice of the tax pie?

This new study from Pew Research paints a clear picture.

For all the talk about making sure the Middle Class reaps the lion’s share of benefit from reforming the tax code, it is not that sector of American society which pays anywhere the most of the tax burden. In fact, the Middle Class does not even contribute 5% of the haul each April. 

Yet when looked at from the perspective of who has the means and stash of disposable cash to shell out in taxes, the Middle Class does come up short. A cut in the rate would be a boon for most in the mid sphere of the US economy.

Some 48% of the money sent to the government comes from individual income tax returns. Compare this to the lament about the corporate rate, reputed to be among the highest in the world, but only results in 9% of total federal revenue.

Do we need tax reform?

Should the Middle Class get priority?

Based off the percentage from corporations flowing to the government coffers, is a tax cut needed? Will the theory of “trickle down economics” produce or prove to be “voodoo economics“?

From the Cornfield, read the full study (http://www.pewresearch.org/fact-tank/2017/10/06/a-closer-look-at-who-does-and-doesnt-pay-u-s-income-tax/).

Then, answer these questions.

Bass Pro Shop Merges with Cabelas

http://whnt.com/2017/09/25/bass-pro-shops-and-cabelas-merge-plan-to-move-forward-together/

Gas Prices, 9/2/17 – 9/9/17, Rochester


Here is gas prices changes from above dates, 1 week.

Junkin & Scrappin.



World’s Largest Old Car Junkyard: Old Car City U.S.A.


The recycling business. A multi-billion dollar business. I have been involved with this business in many ways through the years. It’s big business.

Gas Prices, Rochester, 9/2/2017.


With Hurricane Harvey leaving his calling card with us recently, there is mumbling of gas prices going up.
Here’s yesterdays prices at Speedway here in the city.
What’s the price in you area?

Sawmill Business

This is what we do at my work.
The logs in bottom picture will be debarked and sawed in to staves, check top picture.a
Then we haul the finished product to different wineries and to a bourbon distillery in Kentucky.
The bigger logs go to Edinburgh, Indiana and sold as veneer.
These staves are made in to barrels eventually.  We also make the ends

Bang for Buck?

Not getting enough bang for your hard-earned buck?

Lord knows I am not in the Cornfield! And yet compared to the rest of the nation, the Ohio River Valley states do better. That is all, but liberal Illinois.

Indiana, Kentucky and Ohio have more healthy bangs for bucks.

From the Cornfield, make your dollar go farther – move to a conservative state in the Heartland.

Rochester, 5th poorest city in the nation!

Making a Buck, Survival!

There’s a few of us here at the site getting up there in years, not old, but getting older, LOL. And I think it’s safe to say that we all have had some trying moments of sorts.
But determination, self belief, etc., can keep us going. Not to say it’s a happy path, but things generally work out.
I have been there a few times. And I’ve seen many others. One of the things I got quite involved with a few times was “the scrapping” business. Both for myself on a small scale, and in a big way with a major company. And then there are the little guys. Cans, bottles, and washing machines so to speak.
Here are a few scenes from the industry I wanted to share!
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big crane 2

big craneAuthor & Rochester Bureau Chief: Slick Nick
Published: December 3, 2015