by Dan Mitchell | Oct 25, 2011 | Blogs, Capital Gains, Taxation
Governor Rick Perry of Texas has announced a plan, which he outlines in today’s Wall Street Journal, to replace the corrupt and inefficient internal revenue code with a flat tax. Let’s review his proposal, using the principles of good tax policy as a benchmark. 1....
by Dan Mitchell | Sep 26, 2011 | Blogs, Capital Gains, Economics, Taxation
Whether I’m criticizing Warren Buffett’s innumeracy or explaining how to identify illegitimate loopholes, I frequently write about the perverse impact of double taxation. By this, I mean the tendency of politicians to impose multiple layers of taxation on income that...
by Brian Garst | Jun 26, 2011 | Blogs, Capital Gains, Economics, Keynesian, Taxation
How was anything ever invented before government started “investing” in new technologies? One wonders these things, given the seriousness with which Keynesians seem to believe that if they don’t choose the economic winners and then throw large sums of money at them –...
by Dan Mitchell | Feb 9, 2011 | Blogs, Taxation
New Jersey gets abused by comedians as being some sort of dump, but there are some scenic parts of the state. So it actually can be a nice place to live. That being said, it’s not a good place to die. Here’s a chart from the American Family Business Foundation that...
by Dan Mitchell | Jan 16, 2011 | Blogs, Taxation
You readers have been presented with a series of challenging quizzes on topics such as Sharia law, healthcare, incest, and vigilante justice. Let’s now shift to the world of taxation. We all know governments routinely make life hard for taxpayers. The IRS, for...
