Tax Politics
The Politics of Taxes
Scotusblog: What Happens To This Term’s Close Cases?
As we mourn the loss of the magnanimous Supreme Court Justice Antonin Scalia, questions inevitably rise about the pending cases in the Supreme Court. Scotusblog has issued the following release: "What happens to this Term’s close cases? (Updated) The passing of...
Bernie Sander’s Tax Plan: Reduces Income and Hikes Taxes
With Bernie Sanders doing well against Hillary Clinton for the Democrat nomination, it's a great time to look at some of the specifics of his tax plan. The Tax Foundation studied the affects of the major changes (listed below). Their analysis found that Sander's plan...
Obama’s Budget: $4.1 Trillion
President Obama's final budget was submitted today, a $4.1 trillion millstone for American taxpayers. The budget was chock full of tax hikes in order to fund Obama's pet projects, and "proposed investments in infrastructure, cyber security, education, and job growth."...
PSA: IRS Suffers Hardware Failure
The IRS announced this morning that a hardware failure occurred sometime yesterday afternoon; because of this, tax processing systems are not currently not functioning correctly. As a result of the failure, the IRS is unable to accept tax returns filed electronically,...
Congress and Public Mislead by Obama Administration During Debt Limit Crises
As the federal debt hits $19 trillion, the Daily Caller is reporting that the government misled Congress over debt limit solutions during 2011 and 2013. A new report has just been issued by the House Financial Services Committee the outlines the behind-the-scenes...
US Drops To 11th Place on the Index of Economic Freedom
When President Obama took office in 2009, the United States ranked as the 6th best country in the world in terms of economic freedom. Now, in the last year of his term, the United States doesn't even rank in the top ten anymore. This year, the Index placed the United...