“Did you know that the top-level bureaucrats who are doing the most to increase the negative impact of federal government spending cuts to the American people are in line to get big bonuses this year?” That was the intrepid Craig Eyermann back in 2013, in his sole post on the federal Senior Executive Service....
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Social Security, not exactly a hot-button issue this election season, has made an eleventh-hour appearance. Some voters are charging that Sen. Joe Biden twice voted to tax Social Security. Voters might wonder if this is true, and what it means.
The total public debt outstanding of the U.S. government has been exploding at a nearly unprecedented rate. Starting from March 15, 2020, just before the coronavirus pandemic gave politicians a reason to open the federal government’s spending floodgates, the national debt stood at a nearly even $23.5 trillion. Three months later, on June 15,...
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As a small business owner, I don’t need a $1,000 handout. This is a gimmick—let’s instead focus on solutions tailored to the problem. I need the tax relief of suspending the payroll taxes I and my workers pay. Some math—my workers are all being paid their normal salaries for the foreseeable future, despite trials,...
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Tax time is just around the corner, and that invites an examination of the U.S. tax code. For politicians, the Internal Revenue Code means that high-rise stack of documents they occasionally display to accompany press conferences. Taxpayers would do well to regard another code, the deceptive vocabulary politicians deploy to frame the issue. Take,...
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Public-employee pension plans across the United States are trillions of dollars short of what they need to pay out the generous retirement benefits politicians have promised state and local government employees.
At Wednesday’s debate in Atlanta, Sen. Elizabeth Warren touted her plan to hike taxes on the wealthy. The socialist Sen. Bernie Sanders liked Warren’s idea, and spoke of criminally prosecuting private companies. The sole dissenter on the stage was Sen. Cory Booker, who expressed a need for wealth creation. The New Jersey Democrat had...
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Kyriakos Mitsotakis, Greece’s new prime minister promises free-market reforms and is challenging Europe and the IMF on the issue of taxes.
According to Bloomberg, the cost of tariffs may soon exceed the benefits of tax cuts for middle earner households by a big margin.
“In this world nothing can be said to be certain, except death and taxes.” Perhaps, there is a third thing: government waste.
