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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 Forms: 1095A, 8962, and Deadlines

This year, taxes will get extra tricky, because filers will be required to account for their health insurance on their forms. There are four ways to do so: 1) For taxpayers who do not have Obamacare, the process is simple: check a box indicating you have insurance....

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Obamanomics: Capital Gains Hikes and the Economy

President Obama just told the country during his State of the Union address that he is going to increase the capital gains rate again in order to raise revenue for new spending programs. Given that Obama already knows that raising the capital gains rate actually...

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Capital Gains Increases Means Revenue Decreases

Back in 2008 when Obama was debating Hillary Clinton on national TV, Obama discussed with the moderator how raising the capital gains rate would likely reduce federal revenue collections, but he insisted it was good policy anyway — because it was a policy of...

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Arguing the Merits of the Minimum Wage Question Better

The question of raising the minimum wage keeps getting pushed at the federal level, as well as across many states. If we are to educate the populace on the pitfalls of arbitrary "minimum wage" hikes, we must be sure to argue the inherent flaws of suggestion that...

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