IRS Chief Lois Lerner: A Progressive Hero?

IRS Chief Lois Lerner: A Progressive Hero?

James Madison, a major architect of the U.S. Constitution and fourth U.S. President, said it best, all those years ago: If men were angels, no government would be necessary. If angels were to govern men, neither external nor internal controls on government would be...
Taxing By Inflation

Taxing By Inflation

With all the talk about taxing the rich, we hear very little talk about taxing the poor. Yet the marginal tax rate on someone living in poverty can sometimes be higher than the marginal tax rate on millionaires. While it is true that nearly half the households in the...
Taxing Your Life Away

Taxing Your Life Away

It’s tax time. I’m too scared to do my taxes. I’m sure I’ll get something wrong and my enemies in government will persecute — no, I mean prosecute — me. So I hired Bob. Bob’s my accountant. I like Bob, but I don’t like...
Debt and Taxes

Debt and Taxes

The red flags contained in the national and global headlines that have come out thus far in 2014 should have spooked investors and economic forecasters. Instead the markets have barely noticed. It seems that the majority opinion on Wall Street and Washington is that...