A Washington Post columnist reports on a group of limousine liberals who are lobbying to pay more taxes. Of course, there’s no law that prevents them from writing big checks to the government and voluntarily paying more, so what they’re really lobbying for…
Daily Analysis
Richard Rahn on the IRS and its (lack of) Morality
Richard Rahn recently wrote an article in the Washington Times about issues of morality and the IRS. His conclusions about the oppressive nature of the federal tax bureaucracy and accurate contrasts with state tax agencies are particularly relevant in April. Would…
Bashing the VAT in the New York Post.
My life is now devoted to saving America from the European-style national sales tax known as the value-added tax. Writing in the New York Post, I explain that the impact of a VAT in Europe is bigger government, not smaller deficits: The real-world evidence shows that…
In Chicago the Dead Vote, in New York They Pay Taxes.
The New York City NBC affiliate reported this week that twenty six professional tax preparers were wanted or arrested on tax fraud charges as the result of a recent crackdown. Some of the preparers allegedly used the names of dead people to collect fraudulent…
Government Thuggery and Healthcare.
Congressman Henry Waxman is one of the most odious statists in a town dominated by people who love big government. From his perch as Chairman of the Energy and Commerce Committee, this career politician played a big role in concocting Obamacare – including the…
Taxing the Rich Won't Raise Revenue – but Will Hurt the Economy.
Writing in the Wall Street Journal, my Cato Institute colleague Alan Reynolds offers a simple economics lesson about pitfalls of class-warfare tax policy: …the evidence is clear that when marginal tax rates go up, the amount of reported incomes goes down….
More Sarkozy Demagoguery on Financial Regs.
Nicholas Sarkozy spoke at Columbia University in New York on Monday and, as he has done before, demonstrated that everyone who calls themselves a conservative is not a free marketer. The French President pressed for an expansion of global financial bureaucracies and…
America’s Tax Haven Policies Attract $Trillions of Job-Creating Investment.
I think it is very nice when left-wing groups publish reports that make the case for pro-market policies A recent example is a report from the Center for International Policy, which wants to demonize so-called tax havens, but their report shows that the United States…
Great Moments from the IRS.
Everyone’s favorite bureaucracy really stepped in it recently, when they harassed a car wash owner for an upaid tax bill of (drumroll please) four cents. But since we’re talking about the Internal Revenue Service, the bureaucrats also tacked on an extra…
Pushing Higher Taxes in America…and Around the World.
If nothing else, the Obama Administration at least is consistent. Not only do they want higher taxes in America, but they also want other nations to pursue ruinous class warfare policies. Here’s an excerpt from Tax-news.com: US Secretary of State, Hillary…