Taxation

  • Elon Musk’s Big Giant Enormous Tax Bill

    “Democratic proposals generally involve making the tax code even more complicated, with the Alternative Minimum Tax applying to increasing numbers of taxpayers, and increasing the demand for tax-planning.” ~ Clifford F. Thies

    Elon Musk’s Big Giant Enormous Tax Bill
  • The Live Free or Die State Points the Way to Low Taxes and Freedom

    “If you dream of a world where Congress respects your rights more than they covet campaign contributions from crony interests, the Congressional Apportionment Amendment would go a long way to restoring the Founder’s vision of a republic that guarantees individual rights.” ~ Barry Brownstein

    The Live Free or Die State Points the Way to Low Taxes and Freedom
  • A U.S. Wealth Tax Would Force Wealth Out of the U.S.

    “Since no other developed country taxes wealth in the aggressive way that the Democrats are proposing, passage of their proposed tax would result in a massive flight of human and financial capital out of the United States.” ~ John Tamny

    A U.S. Wealth Tax Would Force Wealth Out of the U.S.
  • FNB’s Shameful Public Purse Raid

    “That big bankers and their government toadies continue to play the public for suckers is abhorrent. That’s especially true as, on one hand, they tout all the ‘public benefits’ of their projects as their other hand turns out taxpayer pockets.” ~ Colin McNickle

    FNB’s Shameful Public Purse Raid
  • President Biden Is the Latest to Promote the Fib That Corporations Pay No Taxes

    “So long as the tax code penalizes work and investment, corporate taxes will be enormously high. Call them what they are: taxes on individual earnings that harm the individual, and that by extension harm the corporations that operate within what we call an ‘economy.'” ~ John Tamny

    President Biden Is the Latest to Promote the Fib That Corporations Pay No Taxes
  • SALT Deductibility, Hypocrisy and Good Government

    “SALT deductibility suffers from several policy disabilities. If state and local governments benefit their citizens, they offer them more valuable services than costs, so no deductibility is warranted.” ~ Gary M. Galles

    SALT Deductibility, Hypocrisy and Good Government
  • What Is Tax Fairness?

    “I suspect that, in a prosperous and growing economy, questions of ‘fairness’ will lose much of their political cachet and recede to the academic lounges where they belong.” ~ Theodore A. Gebhard

    What Is Tax Fairness?
  • You Are Not Paying a Higher Relevant Tax Rate Than Billionaires

    “Allegations that higher income earners don’t pay their ‘fair share’ of taxes are a mainstay misrepresentation of the political left. When the facts say otherwise, they simply twist the facts and ignore more serious studies. ProPublica’s latest effort is just one more of a long line of such analytical abuses, whose details have varied over…

    You Are Not Paying a Higher Relevant Tax Rate Than Billionaires
  • Go East, Young Man.

    “What matters now is whether California will do anything at all to make it a more palatable possibility for people who would be inclined to live there. If not, we’ll see continued erosion of the tax base, as it is only people who pay taxes who are inclined to leave, and a smaller congressional contingent…

    Go East, Young Man.
  • Setting the Table for Covid-X

    “Covid-19 struck a robust, arguably healthy economy; a less productive, more heavily-indebted, higher tax economy awaits Covid-X.” ~ Peter C. Earle

    Setting the Table for Covid-X
  • Arthur Okun, Class Warfare, Redistribution, and Income Growth

    “The low-income worker is a net beneficiary of bigger government for about 10 years. But as time goes on, the worker would be far better off with smaller government and faster growth. Different assumptions will lead to different results, of course. My goal is simply to help readers understand two things: bigger government leads to…

    Arthur Okun, Class Warfare, Redistribution, and Income Growth
  • Biden’s Infrastructure Boondoggle

    “The immediate lesson from all of this is that Biden’s plan is a boondoggle waiting to happen (just as would have been the case with Trump). The longer-term lesson is that we should get the federal government out of the business of infrastructure.” ~ Daniel J. Mitchell

    Biden’s Infrastructure Boondoggle