Tax Politics
The Politics of Taxes
Obamanomics: Federal Debt Up $70,000 Per Household During Tenure in Office
I like CNSNews, because they provide straightforward number-crunching on fiscal minutia that is tedious yet important data. This week as we enter the 8th year of Obama's term, they have calculated that federal debt has increased more than $70,000 per household during...
More Capital Gains Distortions
The article written by Josh Zumbrun of the Wall Street Journal on December 31, entitled, "Tax Rate for Top 400 Taxpayers Climbed in 2013," should have been fairly straightforward with interesting data on that particular tax demographic. Unfortunately, the author...
The IRS Admits to Erasing Another Important Hard Drive
The IRS is involved in another "erased hard drive" event -- and it's not a part of the IRS scandal of 2013. It is apparent that there is a pattern of destruction at the agency. This time, the hard drive that was erased belonged to "Samuel Maruca, former director of...
Getting Ready For Tax Season? Here are the 2015 Rates You’ll Need
Tax season has begun. Normally, the deadline for filing your federal tax return is April 15. But because the Washington D.C. Emancipation Day holiday falls on April 15 this year, Tax Day is the Monday after, April 18th. Last spring, Forbes put together a nice,...
More Minimum Wage Hikes Mean Future Woes
On Wednesday, January 6, Mayor DeBlasio proclaimed a $15/hr minimum wage for the public workers in New York City. The cost for such a plan is expected to be more than $200 million over the next five years. Both De Blasio and Gov. Cuomo seem intent on playing the role...
Class Warfare Continues With Clinton
After nearly 8 years of listening to Obama talk incessantly about the need for the wealthy to "pay their fair share," Hillary Clinton has picked up the mantle in her new tax proposal unveiled this week. Clinton spoke about the need for "an additional 4 percent tax on...