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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...
ObamaCare Unconstitutional

U.S. District Judge Henry Hudson in Virginia has ruled the individual mandate portion of the Health Care bill is unconstitutional.  Virginia's Attorney General, Ken Cuccinelli, filed the lawsuit last year shortly after Obamacare was passed. Cuccinelli argued that the...

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Tax Cuts = Terrorism?

You can't make this stuff up. This Democrat temper tantrum was reported by RollCall. "Following several hours of floor speeches hammering the GOP, a handful of Democrats including Sens. Bob Menendez (N.J.), Charles Schumer (N.Y.), Debbie Stabenow (Mich.),Claire...

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F. A. Hayek’s “Road to Serfdom”

It's worthwhile to periodically re-read a good book. Hayek's "Road to Serfdom" is a mere 31 pages long. The book itself can be downloaded here. A longer version (96 pages) with commentary can be downloaded here. Take a few minutes to read it this weekend. You'll be...

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The Truth About IRA Conversions

In just another example of the federal government cooking their books in ways that the SEC would say are criminal, lets look at the Roth IRA conversion. Individuals are flocking to convert their traditional IRA’s to a Roth, paying full current income taxes on the...

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Barack von Bismarck

More good reading today--this one coming out of the Acton Institute. A short piece, nevertheless it points out that Otto von Bismarck was the father of the welfare state, and maintains that Obama is following Bismarck's vision of government. Read below. by Anthony B....

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Thoughtful Reading: Thomas Sowell

As we head into the election homestretch, I wanted to share with you a brief but poignant essay by economist Thomas Sowell over at the Jewish World Review. Sowell reminds us of the disastrous effects of government intervention into the economy during the Great...

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