by Dan Mitchell | Mar 27, 2011 | Big Government, Blogs, Crime, Society
My previous post looked at the federal government’s troubling decision to investigate, persecute, prosecute, and ultimately imprison a random home-loan borrower named Charlie Engle for the crime of mortgage fraud. Citing a column on the legal fallout from the...
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 CF&P | Mar 4, 2011 | News, Press Releases
Center for Freedom and Prosperity Foundation For Immediate Release Monday, March 4, 2011 202-285-0244 www.freedomandprosperity.org CF&P Praises Florida Delegation’s Leadership in Seeking Withdrawal of Destructive IRS Interest-Reporting Regulation...
by Dan Mitchell | Feb 11, 2011 | Blogs, Taxation
The IRS certainly deserves lots of condemnation for its rogue actions, including a $200 fine for a taxpayer who supposedly underpaid his tax bill by 4 pennies. But the tax-collection agency also should be criticized for blundering incompetence. In the past, I’ve...
by Andrew F. Quinlan | Jan 21, 2011 | Blogs, Taxation
For the more than a decade the Internal Revenue Service has been chasing after potential U.S. tax evaders by forcing foreign jurisdictions and banks to become deputy tax collectors. From the Know-Your-Customer regulations to the Qualified Intermediary regime, non-U.S....