Tax Politics
The Politics of Taxes
“Fairness” Punishes Success
In another class-warfare move, The Hill reports on the latest Obama gimmick: Obama's budget includes a cap on IRAs and other retirement accounts. The White House apparently has a problem with how much money might be in your retirement account(s). The senior...
More Obamacare Surprises
The latest Obamacare atrocity is the way in which Obamacare subsidies have the potential to be grossly under-or-over calculated. Because the process is run through the IRS, the IRS can only rely on the tax earnings...of the previous year. And of course, the income...
Once a Tax, Always a Tax (especially on the wealthy)
In a surprise move this week, the NY state legislature is contemplating making permanent a "temporary" tax on the wealthiest New Yorkers.
Patrick Henry: March 23, 1775
No man thinks more highly than I do of the patriotism, as well as abilities, of the very worthy gentlemen who have just addressed the House. But different men often see the same subject in different lights; and, therefore, I hope that it will not be thought...
Obamacare Must Read: Taxation Without Representation
Spring Issue of Health Matrix, the Journal of Law-Medicine out of Case Western, had a great piece on Obamacare and the legality and eligibility of certain tax credits. The abstract is below. I advise that you read the piece in its entirety.
The White House Cancels the White House
This is out-and-out manipulation of public opinion and playing on the emotions of Americans for political gain. The Washington Times reported that the White House announced in an email,