Taxation

Trump’s Proposal To Replace The Federal Income Tax with Tariffs

If Trump’s goal is simply to eliminate the federal income tax, then he should advocate for doing that and only that.

Un-Taxing the Rich

Un-Taxing the Rich

Nick Woomer of the Minnesota Daily (the University of Minnesota student newspaper) writes: Freedom for the vast majority of us means that we should all be entitled to live at a certain level of comfort in spite of how the economy is doing: We should be guaranteed...

Tax Cuts Benefit Economy

Tax Cuts Benefit Economy

"We've never cut taxes in time of war," Sen. Max Baucus, D-Mont., said last week as he voted to halve President Bush's tax-cut proposal. Even if that were true - the Kennedy tax cut, for example, dropped the top marginal rate to 70% from 91% and took effect during the...

The War on Capital — Not Terrorism

The War on Capital — Not Terrorism

Just as they’ve blurred the distinction between legal tax avoidance and illegal tax evasion, OECD officials have tried to blur the distinction between money-laundering and tax havens — even though the latter involves moving illegally-gained money above-ground, from the “underground economy” while tax avoidance involves legally moving legally-made money to jurisdictions with the lowest tax rates.

Patriotism and Tax Havens

Patriotism and Tax Havens

What defines a patriot these days? Is it one's dedication to the principles of freedom, or is is it one's willingness to place their life second to the needs of the state. These days, it looks a lot like the latter is the common view. Take for example, the corporate...

The Conservative Left and Tax Cuts

The Conservative Left and Tax Cuts

A Fox News liberal-conservative debate the other night was very revealing. The discussion was about tax cuts. The liberal (Mort Kondracke) said that tax cuts "are all about numbers." The conservative (Fred Barnes) was quick to retort, "It's not all about numbers. It's...

Graduated Tax for Medicare Is Immoral

Graduated Tax for Medicare Is Immoral

The U.S. Congress has been considering a steep increase in Medicare taxes for higher-income people. A tax that has been flat since its inception in the 1960s is suddenly about to become a graduated tax. If the measure becomes law, the tax for higher-income earners...

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