Tag: Taxation

“Risky Business” in Climate Change Policy »

Alicia Mundy writes in the Wall Street Journal of June 24, 2014, that a coalition of environmentalists and at least some of the many corporate cronies of the federal government are pressing a proposal to require private business entities to account for and to report to shareholders the risks to which they are exposed...
Read More »

Who’s Behind IRS Targeting? Don’t Ask NPR »

As I’ve mentioned before, “All the President’s Men” is one of my all-time favorite movies, depicting the heroic efforts of two cub reporters relentlessly pursuing a story of little interest to others until their efforts eventually resulted in bringing down the entire Nixon administration. When it was discovered in the course of the Congressional...
Read More »

Taxpayers Are Shocked to Discover That When They Vote for Government Services, They Have to Pay for Them »

Taxpayers in Austin, Texas, are upset that their property tax bills are rising. This article reports that taxpayer Gretchen Gardner is “at the breaking point” because of her increasing property taxes. Gardner says, “I have voted for every park, every library, all the school improvements, for light rail, for anything that will make this...
Read More »

Common Core: Raising the Bar-barians »

“Barbarians at the gate.” That’s what Arizona Superintendent of Public Instruction John Huppenthal called opponents of Common Core national standards earlier this month. His remarks are symptomatic of just how far elected officials within and outside Arizona have strayed from our Constitution, which doesn’t even contain the word “education.” Supporters claim Common Core will...
Read More »

Piketty on Inequality »

The ultimate thesis in Thomas Piketty’s Capitalism in the Twenty-First Century is that the return on capital is higher than the growth in output and wages, so the owners of capital will see their wealth, and therefore, incomes, rise faster than those who earn the bulk of their incomes through labor. The distribution of...
Read More »

Government Failure.gov »

Headlining at Saturday night’s White House Correspondents’ Association dinner, the president garnered huge laughs over the fact that he’s destroying the American healthcare sector and has failed to provide an alternative: “Of course, we rolled out HealthCare.gov,” Obama said of his tough year in 2013. “That could have gone better.” “In 2008, my slogan...
Read More »

New Video with Ron Paul: “Defining Liberty: The Future of Freedom” »

How can Americans overcome record government spending and debt, escalating healthcare costs, intrusive federal surveillance, endless wars, ongoing economic malaise, high unemployment, failing schools, and increasing abuses of civil and economic liberties? In this superb, new video from the recent, sold-out event sponsored by The Independent Institute and The Smith Center for Private Enterprise...
Read More »

Is the Canadian Middle Class Doing Better than the American Middle Class? »

The New York Times made a splash last week with an analysis that purportedly shows that the U.S. middle class is declining relative to the middle class in other countries. Especially, the data make it look like Canadian median income surpassed U.S. median income in 2010, when U.S. median income was $18,700. This analysis...
Read More »

Let’s Start a Tax Revolt with Our iPhones »

Tax Day is upon us and at the federal level we’re told that Washington spends $3.5 trillion a year. The annual federal deficit stands at $514 billion. The national debt has climbed to $17.6 trillion. All of these numbers are staggering, and that’s the problem. Few people can relate to such large numbers because...
Read More »

“Pot” Holes? »

A recent story published on Fox News New York reports that New Jersey state senator Nicholas Scutari plans to introduce a bill to legalize the sale of marijuana there, tax purchases at the current sales tax rate of seven percent and deposit 70 percent of the proceeds into New Jersey’s highway trust fund. Like...
Read More »