by Dan Mitchell | Aug 3, 2010 | Blogs, Health Care
While the cartoon is amusing, I’m sure I don’t need to remind this audience that this isn’t really a joke. The IRS now has immense additional powers to micro-manage our lives.
by Dan Mitchell | Jul 17, 2010 | Blogs, Taxation
The Financial Times reports that the number of Americans giving up their citizenship to protect their families from America’s onerous worldwide tax system has jumped rapidly. Even relatively high-tax nations such as the United Kingdom are attractive compared to the...
by Brian Garst | Jun 28, 2010 | Blogs, Flat Tax, Taxation
Dan Mitchell recently appeared on MSNBC to explain why we should not be surprised to learn that more than $9 million dollars in home buyer tax credits were given to prison inmates who were clearly not new home owners. This kind of waste is to be expected when...
by Brian Garst | Jun 25, 2010 | Blogs, Flat Tax, Tax Havens
As if the residents of the Gulf Coast haven’t had it hard enough, the IRS is moving in to make sure they get their cut of any payouts from BP. These government bureaucrats even have the chutzpah to pretend that their actions are benevolent and beneficial on the...
by Dan Mitchell | May 26, 2010 | Blogs, Health Care, Taxation
We’ve looked at this issue before, but this new CNN article fleshes out the awful IRS rules in the new healthcare bill: The massive expansion of requirements for businesses to file 1099 tax forms that was hidden in the 2,409-page health reform bill took many by...