Your Fair Share of Taxes
Do you pay enough taxes? What is enough? When asked on “60 Minutes,” Rep. Alexandria Ocasio-Cortez didn’t seem to have a specific tax rate in mind, but then she said, “back in the ’60s … you see tax rates as high as 60 or 70...
Skin in the Game: Who Pays Federal Income Taxes
“Americans with no federal income tax obligation become natural constituencies for big-spending politicians….Those with no skin in the game might see tax cuts as a threat to their handout programs.” In describing the GOP tax cuts, House Minority...
Pro-Capitalist Ideas Can Reverse Out-of-Control Government Spending and Taxing
There is always a variety of government programs and activities that people either think are not worth the money or should not be the business of government in the first place. Yet it seems almost impossible to rein in government. It keeps growing in size and scope in...
The Facts About Corporate Taxation
Elizabeth Warren and her fellow leftists love corporate taxation because they see it as a means of income redistribution from wealthy investors to workers, so as to narrow the income and wealth gap. However, the leftists are utterly mistaken, as taxing corporate...
Tax Cuts and Big Government Spending: An Analysis of Trump’s Plan
Donald Trump has made good on one of his most audacious campaign promises by submitting what he describes as the biggest tax cut in U.S. History. For once, at least, this does not appear to be Trumpian braggadocio. It really may be the mother of all tax cuts. But if...
Tax Avoidance is Moral
The recent leak of the Panama Papers—which consist of confidential banking documents that report names of thousands of offshore corporations and their shareholders—created a media storm around the world. Many of these corporations are shells that serve as “tax...
What Is the “Fair Share” of Taxes?
Presidential hopefuls Hillary Clinton and Sen. Bernie Sanders, along with President Obama, say they want high-income earners, otherwise known as the rich, to pay their fair share of income taxes. None of these people, as well as the uninformed in the media and our...
Politicians’ Words: The Rich, Fair Share and Taxes
At the recent televised debate among candidates for the Democrats’ nomination for president, Hillary Clinton declared that “the wealthy pay too little” in taxes and “the middle class pays too much.” Some people might wish to argue about...
