Select Page

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...
Ron Schmidt on Income Inequality

A fresh perspective on the myth and the reality of income inequality in the United States. Ronald Schmidt, professor of business administration at the Simon Graduate School of Business at the University of Rochester, says analysis of IRS data shows a "movement toward...

read more
The World According to Debbie Wasserman Schultz

You can't make this stuff up. Debbie Wasserman Schultz (Chair of the DNC)states on national television that unemployment has not gone up under President Obama. See for yourself. Thankfully for the rest of us, the folks over at HotAir were quick to put together some...

read more
Dick Durbin Defends Social Security

Dick Durbin has a love affair with Social Security. How else can one man continuously defend Social Security and mislead the country about its insolvency? He incessantly claims that Social Security does not add to the deficit. What he doesn't tell you is that is he...

read more
The Payroll Tax Cut, er, Increase

Other pundits are writing about tax cuts and wondering how aloud how the Republicans vote against a tax cut. The answer is simple: the temporary payroll Social Security tax reduction is not, never was, and never will be a tax cut. There are many ways to look at the 2%...

read more
Friedman on Economic Fallacy
Friedman on Economic Fallacy

The late Dr. Milton Friedman cogently expels one of the most persistent economic fallacies regarding the government, spending, and producing. Take 3 minutes and be enlightened and entertained.

read more
Obama & Wealth Redistribution
Obama & Wealth Redistribution

While pushing for a Social Security payroll tax extension, Obama wants a 3.25% surtax on millionaires to pay for it.  This is wealth redistribution under the guise of "fairness". Are you going to cut taxes for the middle class and those who are trying to get into the...

read more