Tax Politics
The Politics of Taxes
Biden Should Not Be Modeling FDR
How is it that serious economists and lawmakers want to follow FDR’s economic policies as some sort of model to follow? People who want to revive his ideas are absolutely insane. FDR took a recession that was ending (it was already four years old when he took office...
Pro Publica and Unrealized Taxes
We have a certain tax rate that exists today because we have to raise a certain amount of revenue. Remember, the only reason we have taxes is to pay for things that the government needs to do under the provisions of the Constitution. The revenue from the income...
Unfit Fauci
Though I try to stick with taxes, politics, and economics, the recklessness and stupidity with which Anthony Fauci is directing Covid health policy can’t be ignored. One of the most incompetent and sad actions ever taken by this country has been to put Fauci in charge...
Rahm Emanuel: Deceitful as Always – this Time On Taxes
In a recent article in the Wall Street Journal, “Why the GOP Has Gone Quiet Over Tax Hikes,” Rahm Emmanuel suggests that the GOP has gone quiet over tax hikes because Biden’s new tax plan is popular. For someone who is supposed to know about economics, however, his...
Biden’s Unclean, Unseen Energy
Mark Mill’s had an excellent piece recently in the Wall Street Journal entitled, “Biden’s Not-So-Clean Energy Transition.” In it, he lays out the hidden costs and pitfalls of Biden’s energy plans, a sentiment shared by the International Energy Agency (IEA) 287 page...
The Seriousness of IRS Confidentiality
The recent exposé from Pro Publica which published sensitive tax information from wealthy Americans has caused quite a stir. Their justification to disclose “the tax details of the richest Americans” was based on the belief that “the public interest in an informed...