This article appeared on Inside Sources.
read more...This article appeared on The Daily Caller.
read more...Politicians last night announced the framework of a deal to increase the debt limit. In addition to authorizing about $900 billion more red ink right away, it would require immediate budget cuts of more than $900 billion, though “immediate” means over 10 years and “budget cuts” means spending still goes up (but not as fast […]
read more...In continued news of people responding to tax competition, online retail giant Amazon.com Inc. has announced it is scrapping deals in Arkansas and Connecticut due to new legislation requiring new online retail taxes. As the Wall Street Journal reported: Amazon.com Inc. severed its affiliations with websites in Connecticut and Arkansas because of new state taxes […]
read more...Here’s a cheerful story I saw linked on Drudge, which shows that sometimes rich people are not guilt-ridden statists and instead stand shoulder to shoulder with ordinary people to fight bad government policy. In Australia, the leftist government wants to impose a class-warfare tax on the mining industry, but the scheme is backfiring as opponents […]
read more...This story from Philadelphia, which I saw on Reason’s Hit and Run blog, is one of the worst examples I’ve ever seen of government bureaucrats bilking taxpayers. The City Manager, who already receives an absurdly extravagent salary and hasn’t even been on the job for 2-1/2 years, was able to get a guaranteed $50,000 annual […]
read more...I may as well confess that I have a man-crush on Governor Christie. It’s not nearly as bad as Andrew Sullivan’s fixation on Obama (and it certainly hasn’t involved me changing my views), but this video and the excerpt below are two examples of a politician actually doing the right thing and giving intelligent and […]
read more...I have a question for my friends who support a national sales tax. First, some background. Beginning with the defeat of Woody Jenkins in his Louisiana Senate race back in the 1990s, various versions of the national sales tax have caused political headaches for GOP candidates. Even candidates from conservative states, such as Sen. DeMint in […]
read more...Richard Rahn’s Washington Times column makes several key points about corporate taxation, including the fact that excessive taxation of capital (the corporate income tax being just one example) is extremely foolish such taxes impose the most damage – per dollar collected – when compared with other forms of revenue. To add injury to injury, the […]
read more...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 surprise when it came to light last month. …The […]
read more...