Tax Politics
The Politics of Taxes
Applying Disparate Impact Theory to IRS Abuses
The idea of “disparate impact” is a cancer that has taken root in the business world. If we do not focus on substantially curbing or ending it, it will continue to grow, extorting huge sums from innocent companies, creating an enormous economic burden on society, and...
The Fed: Economy is Gloomy Because Americans Are “Hoarding Money”
In a moment of recent hand-wringing, the Fed examined the question of why inflation has stayed extremely low in the United States despite all the efforts of quantitative easing money pumping. Their answer: American consumers are mainly to blame. Yes indeed. In a paper...
Thomas Perez Doesn’t Understand Basic Business Economics
Thomas Perez's recent appearance on "On the Money", proved his economic naivete once again. It begs the question as to how he can be the head of the Department of Labor? When asked about inversions, he used an anecdote to set the tone of the discussion. It was about a...
U.S. Jacks Up Exit Fee Against Persons Renouncing Citizenship
Just like the recent rise of business inversions -- moving business HQ abroad -- the United States has seen an uptick (up 221%) in Americans renouncing their citizenship. The elephant in the room in both these cases is taxes: both high taxes and burdensome tax...
Liberal SuperPAC Uses Animal Farm Logic to Attack Koch Bros, Defend Soros
This would be really funny if it wasn't so sad. Brad Woodhouse is President of American Bridge 21st Century, a SuperPAC that "monitors what Republican politicians say and fights back when their rhetoric doesn't match their records." This is a PAC well known to be...
Losing Out on A Pulitzer Prize: Ignoring the Ongoing IRS Scandal
The latest revelations in the never-ending IRS Scandal are pretty headline-worthy, but hardly a pip is being heard from the MSM, again. First, Judicial Watch has revealed, and the Department of Justice has confirmed, that the missing emails of Lois Lerner do indeed...