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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...
Obamacare Tax Compliance May Be An Issue For the Poorest

This year is the first year for which proof of health insurance, or payment of the "shared responsibility" tax/fee/penalty, is required to be accounted for on one's tax return. But what happens when a person does not meet the income threshold to actually have to file...

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Government Transparency Site Now Even LESS Transparent

Last summer, I wrote an article about how an audit performed by the Government Accountability Office (GAO) on the government transparency site -- USASpending.gov -- revealed that more than 90% of the information found on the website was inaccurate. The GAO audited...

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Cranky Ben Bernanke

Ben Bernanke debuted his new gig today, that of a writer on the “Ben Bernanke Blog”. Though he is not in charge of the Fed anymore, nevertheless he proved that he is still trying to stay relevant by continuing to be an old shill for the President. The most ridiculous...

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DoJ Gearing Up For “Coordination” Campaigns

Eric Holder recently announced his plan to move forward with prosecuting “campaign-finance “coordination” between candidates and outside groups.” This is ridiculous. Holder has the time to do this, but yet he hasn’t even begun to compose a report on the IRS -- which...

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Senate Rejects Obama’s Budget, 1-98

So, President Obama's FY2016 budget suffered a major defeat (again) on Tuesday night, when the Senate voted against it 98-1. This would not be the first time Obama's budgets have been readily rejected. Already, Republicans and Democrats had their own interpretation of...

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