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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...
Social Security and Scott Rasmussen

Having dinner with Scott Rasmussen a couple weeks ago, we got onto the subject of Social Security. He remarked that people have different ideas about Social Security reform. Some people suggest raising taxes or the retirement age, other people want to go with...

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Medicare Mess

Medicare is completely unsustainable in its present form and the Democrats are not doing anything to fix it. There needs to be a major change to the way it works but the Democrats are unwilling to acknowledge this fact or provide any solutions - only attacks. In doing...

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Do Higher Taxes Encourage Tax Avoidance?

The latest tax article from my interviews with Reuters Nothing riles Americans quite like taxes: who pays what, whether the government needs to raise them or might slash them, and how much they’re eating away at our paychecks. And when it comes to tax avoidance — the...

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Americans Try to Outrun State, Local Tax Hikes

From my interview with Reuters last week: (Reuters) - Alan Dlugash is a New York accountant who specializes in high net worth Manhattanites, but lately he's been fielding a lot of calls from clients in neighboring states -- Connecticut and New Jersey. "The big deal...

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Fight of the Century: Keynes Vs Hayek, Round II

I've been meaning to post this for a few days now. My good friends in the Economics Department of George Mason University have launched the much awaited sequel to the Fear The Boom and Bust video. If you haven't seen that one, watch it first, then follow with part II,...

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