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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...
The Intersection of Obamacare and Immigration

The Wall Street Journal put together an excellent editorial yesterday on the intersection of Obamacare and immigration. First, starting in 2016, employers with 50 or more full time employees are required to offer health insurance for each of their workers, or else pay...

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November 2015 Sees Record Debt Bounce

As has been earlier reported here, the debt ceiling jumped dramatically the day after the debt ceiling was lifted on November 2nd ($339 billion) and continued to soar all month. By the end of the month, the debt had doubled, adding another $335 billion. All in all,...

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Republicans Overseas Action, Inc. Takes on FATCA & FBAR

On Friday, Republicans Overseas Action, Inc. filed a 78-page Plaintiffs’ Motion for Leave to Amended Complaint against the Foreign Account Tax Compliance Act (FATCA), the intergovernmental agreements (IGAs), and the Report of Foreign Bank and Financial Accounts (FBAR)...

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