Tag: Taxes
Torrent of New Federal Spending Leaves Ominous Clouds of National Tax Hikes

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,...
Read More »

No $1,000 Handouts, End Payroll Taxes!

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,...
Read More »

Decoding the Tax Code

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,...
Read More »

Do Public Pension Shortfalls Mean You’ll Face a Tax Hike?

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.

Democrats Duel Over Taxes and Wealth Creation

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...
Read More »

Greece’s New Leader Promises Free-Market Reforms

Kyriakos Mitsotakis, Greece’s new prime minister promises free-market reforms and is challenging Europe and the IMF on the issue of taxes.

Tax Cuts and Tariffs: Policies at Odds with Each Other

According to Bloomberg, the cost of tariffs may soon exceed the benefits of tax cuts for middle earner households by a big margin.

Death, Taxes, and Government Waste

“In this world nothing can be said to be certain, except death and taxes.” Perhaps, there is a third thing: government waste.

Medicare Trust Fund Is Running Out of Money

Medicare’s Hospital Insurance Trust Fund is set to run out of money by 2026.

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.

  • Catalyst
  • MyGovCost.org
  • FDAReview.org
  • OnPower.org
  • elindependent.org