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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...
United Healthcare May Withdraw From Obamacare Next Year

A few days ago, UnitedHealthcare announced that the possibility of withdrawing from the Obamacare health insurance exchanges. This is a significant announcement, as UnitedHealthcare is one of the biggest insurers in the country. The impact of withdrawl would affect...

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Thousands of New Regulations Released, Again

In recent years, President Obama has issued his Fall Unified Agenda right around Thanksgiving, as most of the country is preparing for the holiday season. This year was no different. This past Friday, the 2015 regulatory list was released. According to Forbes, "the...

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New Law To Tie Taxes With Passports

The State Department, in tandem with the IRS, will soon have the ability to "block Americans with 'seriously delinquent' tax debt from receiving new passports and will be allowed to rescind existing passports of people who fall into that category." This new law will...

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NYT: Affordable Care Act Becoming Unaffordable

In an effort to encourage people to sign up for the Affordable Care Act, the Obama Administration has boosted the low cost of premiums -- the part that is subsidized. What they aren't mentioning is that in exchange for low monthly costs, enrollees face high deductible...

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The FORM Act, the Fed, and Monetary Policy

Congress is slated to take up the Fed Oversight Reform and Modernization Act (FORM Act) this week. The FORM Act. It includes four key policy changes. A summary from the Daily Signal: 1) Require the Federal Reserve to Operate Under a Rules-Based Framework. Throughout...

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