Tax News…
A Dynamic Analysis of President Obama’s Tax Initiatives
President Obama’s desired tax hikes look even worse when using accurate scoring. Stephen Entin’s analysis for the Tax Foundation reveals his plan “would shrink the economy by 3 percent, lower the level of investment by 8 percent, reduce wages by 2.4 percent, eliminate 809,000 jobs, and lose $12 billion in federal revenue over the long run due to lower growth.” http://taxfoundation.org/article/dynamic-analysis-president-obama-s-tax-initiatives?mc_cid=14856de808&mc_eid=a92d31c6e6
Why Does Jeb Bush Want to Raise Your Taxes?
Ryan Ellis from Americans for Tax Reform notes that 2016 presidential candidate Jeb Bush refuses to pledge to Americans that he won’t raise their taxes. Why does Jeb think that government needs more revenue and that American’s aren’t already paying enough taxes http://www.forbes.com/sites/ryanellis/2015/03/03/jeb/
Voters Are Confused About the Difference Between Tax Avoidance and Evasion – Because Politicians Blur the Line
Politicians everywhere are increasingly ignoring distinctions between tax avoidance and evasion for cynical political purposes. http://www.taxanalysts.com/taxcom/taxblog.nsf/Permalink/UBEN-9UAQZ8?OpenDocument
Other News & Views…
The War on Privacy – Can the OECD Common Reporting Standards be Resisted?
This Offshore Investment article looks at the recent evolution of privacy rights and considers how its growing infringement from the OECD and international tax authorities can be resisted. http://www.offshoreinvestment.com/pages/index.asp?title=Common_Reporting_Standards_2&catID=12653&subcatID=12654
Is A Crony Deal In Place To End Streaming Music?
CF&P President Andrew Quinlan looks at whether the Obama administration is preparing to handout favors to political donors in the music industry, where collusion remains an ongoing concern. http://dailycaller.com/2015/03/05/is-a-crony-deal-in-place-to-end-streaming-music/
Rein in the IRS
The lawlessness of the IRS is getting out of hand, says George F. Will. http://www.washingtonpost.com/opinions/rein-in-the-irs/2015/03/04/465095fc-c1c5-11e4-ad5c-3b8ce89f1b89_story.html
From the Market Center Blog…
Time to Feel Sorry for the IRS and Give It More Money?
Don’t believe IRS bureaucrats crying poverty. The agency has more than enough funding. http://freedomandprosperity.org/2015/blog/time-to-feel-sorry-for-the-irs-and-give-it-more-money/
Grading the Rubio-Lee Tax Reform Plan
What’s good, what’s bad, and what’s missing from the Rubio-Lee plan. http://freedomandprosperity.org/2015/blog/grading-the-rubio-lee-tax-reform-plan/
Ending the Export-Import Bank’s Corporate Welfare Should be a Gimme for the GOP
Unlike a lot of other issues, victory on the Export-Import bank is entirely possible with Obama in the White House. All the GOP has to do is let it expire. http://freedomandprosperity.org/2015/blog/uncategorized/ending-the-export-import-banks-corporate-welfare-should-be-a-gimme-for-the-gop/
