Tax Loophole Madness

Tax Loophole Madness

When I write about tax reform, I emphasize that there are three equally important features of the flat tax. One low tax rate on productive behavior. No double taxation of saving and investment. No distorting and inefficient loopholes. Regarding the third...
Great Moments in Tax Avoidance

Great Moments in Tax Avoidance

Since governments have a terrible tendency to waste money, I’m a big fan of tax avoidance. For instance, even though I don’t like itemized deductions for things like charitable contributions and home mortgage interest, I am glad...
Addressing IRS Dysfunction

Addressing IRS Dysfunction

I’m not a big fan of the Internal Revenue Service, but our awful (and anti-growth) tax system is mostly the fault of politicians. Ever since that dark day in 1913 when the income tax was enacted, presidents and members of...