by Dan Mitchell | Dec 19, 2011 | Blogs, Flat Tax, Taxation
The tax code is punitive and corrupt, but the economic damage caused by a bad revenue system is just part of the problem. Thanks to a punitive “worldwide” approach to taxation, we have needless conflicts with other nations, leading the United States to side with...
by Dan Mitchell | Nov 12, 2011 | Blogs, Health Care, Taxation
As this image illustrates, the internal revenue code is a nightmare of complexity. And this chart shows how Obamacare is turning the health care system into a Byzantine nightmare. So what happens when you mix bad tax policy and bad health care policy? Well, you get...
by Dan Mitchell | Sep 28, 2011 | Big Government, Blogs, Financial Privacy, Regulations, Taxation
Earlier this year, President Obama’s IRS proposed a regulation that would force banks in America to report any interest they pay to accounts owned by non-resident aliens (that’s the technical term for foreigners who don’t live in the U.S.). What made this regulation...
by CF&P | Aug 4, 2011 | News, Press Releases
Center for Freedom and Prosperity For Immediate Release Thursday, August 4, 2011 202-285-0244 www.freedomandprosperity.org CF&P Praises U.S. Senators Behind Effort to Prevent Implementation of Destructive IRS Regulation (Washington, D.C., Thursday, August 4, 2011)...
by Dan Mitchell | Aug 4, 2011 | Big Government, Blogs, Financial Privacy, Regulations, Tax Competition, Taxation
Senator Rubio continues to impress with his Reagan-like efforts to restrain government and promote growth. His latest initiative is legislation to curtail rogue IRS bureaucrats who are seeking to use regulatory edicts to overturn 90 years of law. Here are excerpts...
