Tag Archives : State and Local Taxes
The Party of the Rich Is Pushing a Tax Cut for Rich People
A special tax break that subsidizes bad policy.
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The Worst Coronavirus Policy Proposal: Restoring the Deduction for State and Local Tax Payments
The federal tax code should not subsidize politicians from high-tax states.
read more...Choosing Reverse-Class-Warfare to Subsidize Bigger Government
Why are Democrats fighting for a tax cut for the rich?
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Nightmare for New York and California: Tax Reform Will Put Added Pressure on High-Tax States
High-income taxpayers were escaping even before tax reform.
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The Best Argument against the State and Local Tax Deduction
A loophole that encourages and enables bad policy should be easy to eliminate.
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The Federal Tax Code Shouldn’t Subsidize and Encourage Profligacy by State and Local Governments
The deduction for state and local taxes encourages, enables, and subsidizes bad policy.
read more...The Federal Tax Code Should Not Subsidize Greedy Politicians in New York and California
This loophole benefits the rich.
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It’s Wrong for Federal Tax Deductions to Encourage Bad Fiscal Policy by State and Local Governments
I have a handful of simple rules for good tax policy. Keep government small, since it’s impossible to have a reasonable tax system with a bloated welfare state. Keep tax rates low to minimize penalties against income, production, and wealth creation. Since capital formation is critical for long-run growth, don’t double-tax income that is saved […]
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