Tag: Taxes
You Don’t Make the Tax Laws, but You Do Pay the Taxes

The Internal Revenue Code is a massively complex part of the laws of the United States of America.

In Sacramento County, Bureaucrats “Correct” Their Error with Property Tax Clawback

The county ought to eat the mistake and keep their hands out of taxpayers’ pockets.

Congress’ New “PAYGO” Rule

An excuse to raise taxes on the American people.

The National Debt and the Control of the House

With Democrats back at the helm, more taxing & spending in sight?

Why America Is Increasingly Divided (and James Madison Would Have Predicted It)

More than half of Americans receive more money from gov. transfer programs than they pay in federal taxes.

Drinking Water Tax the Last Straw for Californians?

California governor Jerry Brown wants to impose the state’s first-ever tax on drinking water.

FinCEN Form 114—I’m Not the Criminal Here

FinCEN Form 114, Report of Foreign Bank and Financial Accounts, is a mandatory report to the U.S. Treasury Department and is inherently intrusive.

Roving Bandit, Stationary Bandit, and Income Tax

Many libertarians have embraced the slogan “taxation is theft.”

Our Land, Our Infrastructure, Our Country—a Lot of Loose Talk

Many Americans talk about “our country,” “our public lands,” and “our infrastructure.” Such terminology is inaccurate and misleading. Genuine de facto ownership entails control of the property and the benefits it generates. No one owns the country, though the thousands of governmental entities make and enforce claims to various parts and aspects of it....
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The Double Tax on Saving

In an earlier post I argued for expanding tax-deferred retirement accounts because they eliminate the double tax on saving that exists under the current tax system. Here is the basic idea. People earn income and pay income tax on that income. If they save it and then earn interest (or dividends, or capital gains,...
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