Taxation

Business Tax Exemptions and the U.S. Oil Industry

The uniformity-of-profit principle sheds light on the effect of business tax exemptions and their elimination.

Death of a Patriot

Whether or not you agree with my father’s views on the Federal Income Tax, or the manner by which it is collected, it’s hard to condone the way he was treated by our government.

The Great FreedomFest Debate Was Like Watching Tom and Jerry

With apologies to his fans, Jerry is an evil little mouse who constantly pesters Tom the Cat. Tom tries and tries, but cannot seem to overpower someone who is a fraction of his size and strength.
Watching Stephen Moore attempt to debate Paul Krugman was like that.

Defense Against Demagogues

This year’s congressional efforts to reduce corporate income tax will create great opportunities for demagogues.

Corporate Tax Inversion: In Praise of Avoiding Taxes

This new political campaign against corporate inversion, therefore, is really an assault on a remaining freedom through which private citizens attempt to retain more of the wealth and income they have produced and earned in the market. It is a campaign to keep the American people captive behind a fiscal Berlin Wall over which there is to be no escape.

IRS Chief Lois Lerner: A Progressive Hero?

If the purpose of government is to spread the wealth and attempt to distribute the good life to everyone equally, then Lois Lerner was doing what she had to do. By that standard, she was even a hero.

Taxing By Inflation

If you put $1,000 in your piggy bank in 1960 and took it out to spend in 2000, you would discover that your money had, over time, lost 80 percent of its value.

Taxing Your Life Away

“What the tax code is doing is trying to choose our values for us,” complains Yaron Brook from the Ayn Rand Institute.

Debt and Taxes

If cutting and taxing are off the table, we can expect borrowing and printing.

Americans Deserve the IRS

If federal spending were only 5 percent of our GDP ($750 billion) — instead of 25 percent ($3.8 trillion) — there would be no need for today’s oppressive and complicated tax system.

The Bullying Pulpit

The federal government already has ample powers to punish people who have broken the tax laws. It does not need additional powers to bully people who haven’t.

Apple Computer Should Not Have To Pay Taxes

Apple, the most highly valued technology company and the creator of wonderful products that millions enjoy and use to enhance their productivity, has been accused of not paying enough taxes at a congressional hearing where CEO Tim Cook was grilled yesterday. (See the...

“Tax Expenditures”: Not Taxing Is Allegedly Spending

To reduce government spending means to reduce the money the government pays out, not to reduce the money it has chosen not to take in. The first is a reduction in government spending; the second is an increase in taxes. Confusing the two is of benefit only to con men who worship an omnipotent state.

Thank The 1%

Instead of taxing the 1% more, we should thank them.

Prophets and Losses: Part II

People on both sides of tax issues often speak of such things as a "$300 billion tax increase" or a "$500 billion tax decrease." That is fine if they are looking back at something that has already happened. But it can be sheer nonsense if they are talking about a...

Patriotic Millionaires Unmasked

Despite the breathless post-election "think pieces" that have drawn sweeping and deeply considered conclusions about the political drift of the country, at its core President Obama's re-election is easy to understand. He essentially promised millions of middle and...