Lost in Taxation – WSJ.com.
Lost in Taxation – WSJ.com.
Changing Tune, Administration Defends Insurance Mandate as a Tax – NYTimes.com.
Brian Riedl: The Bush Tax Cuts and the Deficit Myth – WSJ.com.
You did the responsible thing. You saved in your IRA or 401(k) to support your retirement, when you could have spent that money on another vacation, or an upscale car, or fancier clothes and jewelry. But now Washington is developing plans for your retirement savings. BusinessWeek reports that the Treasury and Labor departments are...
“The wealth is not being replaced,” said John Havens, who directed the study. “It’s above and beyond the general trend that is affecting the rest of the northeast.” This was not always the case. The study – the first on interstate wealth migration in the country — noted the state actually saw an influx...
Senate Democrats’ health care bill would create a new marriage penalty by imposing a tax on individuals who make $200,000 annually but hitting married couples making just $50,000 more. That’s one of 17 new taxes imposed by the bill, which also creates a levy on elective plastic surgery – some call it “botax” –...
The federal income tax code is now so mangled that we can probably increase federal revenues with a 0% income tax rate for a majority of Americans. Long before President Barack Obama took office, the bottom 40% of income earners paid no federal income taxes. Because of refundable income tax credits like the Earned...
Ari Fleischer Says It’s Bad for Our Democracy to Exempt Half the Country From Income Taxes – WSJ.com.
I’ve been telling Tickler for months now that we are beginning to see Ayn Rand’s novel Atlas Shrugged come to life. It’s horrifying. Ayn Rand defected from communist Russia in 1926 and wrote Atlas Shrugged in 1957. Needless to say she was not a fan of socialism. Noted economist Stephen Moore wrote a piece...