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

Feds Collect Record 2015 Tax Haul: $19,346 Per Worker

by Michael Lotfi.       Gov't overspent by nearly $530 billion anyway. According to a monthly treasury statement, through the first eleven months of fiscal year 2015 (Oct. 1, 2014 – end of August), the United States federal government has collected a record-breaking haul in tax revenue. In total, the feds have collected over $2.8 trillion so far, which     ... MORE

Obama Executive Order Incentivizes Employers To Hire Alien College Graduates Over Native-Born Graduates

by Ali Meyer. The Department of Homeland Security (DHS) is expanding a program that awards businesses bonuses when they hire alien college graduates over native-born graduates, according to an analysis by the Center for Immigration Studies. The optional practical training program (OPT) awards alien college graduates a work permit to stay   ... MORE

Thomas Sowell: Undefined Words Are A Big Plus In Politics

Charlatans work the hot buttons.   At the recent televised debate among candidates for the Democrats' nomination for president, Hillary Clinton declared that "the wealthy pay too little" in taxes and "the middle class pays too much." Some people might wish to argue about whether that is true or not, but no rational argument can be made on either  ... MORE

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