Category: Rants
Second Wednesday of the Month Politics: Mr. Groovy Takes On Income Inequality
For this month’s dive into the fetid waters of politics, I’ve decided to tackle income inequality. When it comes to the topic of income inequality, I’m weird. On the one hand, income inequality doesn’t bother me. This is so because I firmly believe that America is still a meritocracy. Drive and discipline beget wealth, and…
The One Monthly Expense That Makes You A Chump
Up until five years ago, Mr. Groovy and I were the ultimate chumps. We rented a storage unit. We could not fit the entirety of our stuff into a 2,000 square foot home with an attic and a two car garage. No, we paid $60+ a month for the luxury of a temperature controlled 10…
Are You Overtaxed? The 2016 Edition
Last year, I suggested that the price of civilization (i.e., government) should be no more than 15% of your income. I further suggested that any taxation beyond this level would be tyrannical. Fifteen percent is obviously an arbitrary threshold. Your “tyranny” threshold may be higher. But before I make the case again for 15%, let’s…
I’m Not a Man of the People, I’m a Snob
Last year, I wrote a post called, The Housing Downsize Challenge. And in this post, I explained how Mrs. G and I want to sell our house in Charlotte and buy some land in the Wake Forest area so we can build a small home (1,200 to 1,400 square feet). If we do manage to…
Government Spending: Be Afraid, Be Very Afraid
I was bored last night, so I decided to determine what my effective tax rate for 2017 is going to be. Since I know what my income and property taxes will be for 2017, this calculation was rather straight forward. Here it is. The only thing that posed a little problem was estimating the amount…