Tax Politics
The Politics of Taxes
Exploiting our General Welfare
The recent controversy over Obama's attempted coercion and erosion of religious liberty reminded me of an essay Thomas Sowell wrote shortly after the oil spill. Sowell made the case that the U.S. is on the slippery slope to tyranny, cited the action by the Obama...
Measuring Income Inequality: It Doesn’t Add Up
Romney’s Returns: Phantom Income and Phantom Reporting
While Mitt Romney's tax rate has been calculated to be around 14%, there are a few unreported factors that account for the small percentage. Additionally, as will be detailed below, Mitt Romney paid taxes on $1 million + in income that does not exist. As a lifelong...
Hedge Fund Hypocrisy
Yes, there is something terribly wrong with taxation in the hedge fund industry -- but it is not the perceived evil that the defeated Baucus/Grassley bill was attempting to "fix". According to them, the problem was that the hedge fund operators get part of their...
1000 Days Later
Land of the Free (Market)?
The Heritage Foundation just released its 2012 Index of Economic Freedom. The United States is ranked....10. Top 10 Countries world rank country overall score change from previous 1 Hong Kong 89.9 0.2 2 Singapore 87.5 0.3 3 Australia 83.1 0.6 4 New Zealand 82.1 -0.2 5...