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Tax Politics

The Politics of Taxes

Reciprocal Tariff Ignorance

President Trump continues to pursue his misguided tariff crusade believing that he is somehow protecting American industries and employment. His latest move, reciprocal tariffs (which he intends to begin April 2), is even worse. Trump has stated that he plans to impose tariffs based on “what they charge us, we charge them,” which is an economically stupid idea. Advocates of this policy like to...
Obama’s Budget: 0-414

Obama's $3.6 trillion budget proposal was defeated Wednesday night in the House of Representatives by a vote of 414-0. Not a single Democrat supported it. This vote was reminiscent of the defeat of Obama's budget last year in the Senate, by a vote of 97-0. No...

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EPA: I have the Power (Plant)

As I have written here before, the President has been able to effectively pass laws which Congress has not passed through the use of the Executive Order and his government agencies. The Environmental Protection Agency (EPA) seems to be one of his most popular. For...

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Tax Breaks = the Size of the Annual Federal Deficit Budget

A recent article in the WSJ discusses a newly-released report. Tax breaks, for all segments of the population, total more than $1 trillion. Such a staggering figure -- roughly the size of the annual federal deficit budget -- reinforces something I have stressed...

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March 23, 1775

On this two year anniversary of ObamaCare, we must remember a greater anniversary, the sage words spoken 237 years ago today. It is in vain, sir, to extenuate the matter. Gentlemen may cry, Peace, Peace-- but there is no peace. The war is actually begun! The next gale...

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