Showing posts with label tax. Show all posts
Showing posts with label tax. Show all posts

Peter Schiff: The Death Of A Patriot

Crushed for what he believed in.    My father Irwin A. Schiff was born Feb. 23rd 1928, the 8th child and only son of Jewish immigrants, who had crossed the Atlantic twenty years earlier in search of freedom. As a result of their hope and courage my father was fortunate to have been born into the freest nation in the history of the world.  But when ... MORE

Crony Socialism: Government Bailouts Do Not Save Jobs

by Doug Reich.      [Back in 2012,] in a bizarre harangue delivered to the DNC delegates, ex-Michigan governor Jennifer Granholm hysterically chanted that hundreds of thousands of jobs were “saved” by the federal government’s bailout of General Motors.  According to her, these jobs were “saved” thanks only to the largess of the Dear Leader and   ... MORE

Walter E Williams: Liberal Reasoning - Idiotic or Dishonest?

A very convenience understanding at minimum.    Many people argue that liberals, socialists and progressives do not understand basic economics. I am not totally convinced about that. Take the law of demand, for example, one of the fundamental principles of economics. It holds that the lower the cost of something the more people will  ... MORE

How Marijuana Taxes & Restrictions Recreate Prohibition

by J D Tucille.   Are you a government official who yearns for the good old days of marijuana prohibition? Do you feel out of place in an era of voter-approved legalization, grow clubs, and pot shops? My, how the world has changed! But you can feed your nostalgia for busts and streetcorner deals even while "respecting" the public's desire to legalize       ... MORE

Stephen Moore: Five Myths About Capital Gains Taxes

Hillary's economic wrecking ball.    The late, great Jack Kemp, an architect of the Reagan tax cuts, used to say, "Without capital, capitalism is just another ism." Capital is the plants, the machinery, the computers and trucks that businesses invest in to become productive and efficient providers of goods and services. So it's strange that last       ... MORE

Hope And Change Update: 6.6 Million Americans Had To Pay ObamaCare's Individual Mandate Tax For 2014

The one promise kept.    More Americans paid ObamaCare's individual mandate tax for 2014 than previously estimated, according to a new report from the Internal Revenue Service's National Taxpayer Advocate. In January, the Treasury Department projected that up to 6 million households would be subject to the tax because they did not   ... MORE

Progress Through State Violence Or Smaller Government?

by John Stossel.     Obamacare! The War on Drugs! A War on Poverty! Prohibition!  The idea that government will bring social progress isn't new. Europe's monarchs believed in big government long before there was a Soviet Union or a welfare state.  Eighteenth-century philosopher Voltaire praised "enlightened" monarchs like Prussia's Frederick the   ... MORE

High Cigarette Taxes May Be More Harmful Than Smoking

by Jonathan Nelson.    The incentives created by government. New York's cigarette taxes are the highest in the nation, at $4.35 per pack. Some New Yorkers naturally will seek to avoid cigarette excise taxes. People are tempted to buy cigarettes in a low-tax state such as North Carolina and sell them in New York, says Jonathan Nelson.   ... MORE

U.S. Losing Living Standard As Economic Freedom Erodes

Land of the heavily taxed, home of the highly regulated. With the United States sinking on several major indices of economic freedom as it celebrates its Independence Day, free-market advocates have reason to ask, “What ever happened to the land of the free and the home of the brave?” A review of several credibly researched global indices  ... MORE

Stephen Moore: No, We Don't Need A Gas Tax Hike

Politicians want to fatten the pot from which they steal.  It's summertime and that means millions of Americans will soon be cramming in the minivan for family vacation. But Congress may soon be raising the cost of those trips by increasing the federal gas tax. Why? The highway trust fund that finances our national highway system is running  ... MORE

Michigan City Makes The Citizens Pay For Police Brutality

The beatings will continue until revenue improves. One time tax hike needed to pay settlement. Think that since you “aren’t breaking any laws,” police brutality doesn’t affect you? Well, that’s certainly not the case in one Michigan city. Instead of violent cops paying for their own wrong-doings, the legal expenses associated with police brutality ... MORE

Steve Forbes: Income Tax Rate Cuts Work. Always.

The federal government could learn from the states.  One of the genius features of our federal system of government is that it allows states to be laboratories for policies, to see what works and what doesn’t. The great welfare reform bill of 1996 came out of the pioneering policies of Wisconsin, which demonstrated that there could be a work   ... MORE