by Dan Mitchell | Apr 17, 2011 | Big Government, Blogs, Economics, Flat Tax, Taxation
Since it is tax-filing season and we all want to honor our wonderful tax system, let’s go into the archives and show this video from last year about the onerous compliance costs of the internal revenue code. Narrated by Hiwa Alaghebandian of the American Enterprise...
by Dan Mitchell | Apr 16, 2011 | Big Government, Blogs, Flat Tax, Taxation
If you go to the IRS website, there are about one thousand forms (and accompanying material such as instruction documents) that you can download. Fortunately, most of us only have to worry about a small fraction of what’s on that list, but it’s still a nightmare – and...
by CF&P | Mar 28, 2011 | Blogs, Flat Tax, Taxation
General Electric has received a lot of unwelcome attention for paying zero federal income tax in 2010, even though it reported $5.1 billion in U.S. profits. This is a good news-bad news situation. The good news is that GE’s clever tax planning deprived the government...
by Dan Mitchell | Mar 5, 2011 | Big Government, Blogs, Flat Tax, Taxation
One of my many frustrations of working in Washington is dealing with perpetual-motion-machine assertions. The classic example is Keynesian economics, which is based on the notion that you magically create additional economic activity by having the government spend...
by Dan Mitchell | Feb 26, 2011 | Blogs, Flat Tax, Taxation
I spoke at the Tea Party Patriots convention earlier today. Great people, great crowd. My job was to debate on the side of the flat tax over the fair tax. Several people asked for more information, and I promised to put this video on the blog. Long-time readers...