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Tax Politics

The Politics of Taxes

Hunter Biden’s “Statute of Limitations”

It has been widely written that the criminal charges against Hunter Biden, with respect to his tax evasion, were severely hampered because the IRS let the statute of limitations lapse. But it is clear to anybody that’s ever worked with the IRS that this is blatant coverup. It’s hard to know exactly what happened, but the fact remains that the IRS never lets the statute of limitations lapse....
Why Your Electric Bill is Actually Soaring

Katherine Blunt's WSJ article, "Why Your Electric Bill is Soaring -- And Likely To Go Higher" absolutely ignores (or just possibly misses) that soaring gas prices are caused as much by Biden production restriction policies nationally. They are further exacerbated by...

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When Science Research Isn’t

Recently, a young PhD student came to terms with the fact that academia was no longer based on merit. Rather, as a scientific researcher interested in procuring grant funding, he was dismayed to learn that certain terms such as “equity,” “diversity,” and “inclusion”...

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Calculating the True Cost of Raising Revenue

It’s kind of disgusting that when Congress talks about raising tax revenue, all the CBO thinks about and includes in their analyses is gross revenue. They don’t think about the costs of what the IRS, agencies, businesses, and taxpayers need to do to implement the...

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The “Fair Share” Myth

Have you ever heard any progressive who claims that the wealthy are not paying their “fair share” actually say what fair share is? Neither have I. It is probably because the wealthy in the US already pay a far higher percentage of income taxes than in any other...

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State Should Give Capital Gains Breaks

Capital gains are the profits realized from the sale of an asset and are included as part of  taxable income. A handful of states have favorable rates toward capital gains (or don’t tax them at all because they do not have an income tax).  Other states tax...

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