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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...
Rubin Is Wrong on Business Tax Policy

A recent commentary on business tax policy by Richard Rubin in the Wall Street Journal had some very glaring errors and suggestive, misleading language. For instance, Rubin discusses inversions in a way that makes them sound unjust and problematic --calling them a...

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Christie on Trump

New Jersey governor Chris Christie has announced his endorsement of Donald Trump for President. Is he really so clueless? Perhaps he is just so annoyed because he lost to the real candidates that he is having a temper tantrum.

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GAO Report: Government Made Fraudulent Obamacare Payments

The Government Accountability Office (GAO) released a new study that monitored Obamacare subsidy payments. The results are sobering; billions in payments were made to individual Obamacare users which may have been the result of fraud. The Centers for Medicare and...

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Revisiting Depression History

On January 28, 2016, the Wall Street Journal ran a press release from August 10, 2004 in their "Notable & Quotable" section. The press release was fascinating, both in subject and source. The release, from the University of California, Los Angeles, announced the...

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Koch On Bernie: He’s Right On One Issue

Charles Koch applauds Bernie Sander's recognition of cronyism in government, and he is right. Cronyism has no place in our system. Koch makes a particular note about ethanol integrity -- which he opposes in spite of ethanol mandates -- against the likes of Harry Reid...

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IRS Seizure Cases Deserve New Scrutiny

I have written numerous articles over the year about the onerous, destructive practice of IRS asset forfeiture cases. Basically, the IRS has been leveraging laws intended to target money launderers and criminals in order to seize the bank accounts of business owners...

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