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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...
Feds Tax Haul Tops $3 Trillion

This Washington Times piece did a nice overview of FY2014: The Treasury Department unveiled its Fiscal Year 2014 numbers, which showed that the government's revenue, for the first time ever, hit the $3 trillion mark. However, the government still overspent its...

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Even the French are Fleeing High Taxes

Last week, I wrote about the population shift from the northeastern states to other parts of the country due to the high taxation. It seems that the Yankees aren't the only ones concerned enough with crushing taxes that they are willing to relocated -- the French are...

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Joe Biden Gets the Economy Wrong

While stumping for Democrat candidates in Oregon, the Vice President shared his thoughts on the current economy with voters. And he got it very wrong. "Economic growth has replaced the income that was lost during the recession, but the gains went primarily to...

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Obama Tries to Claim the Economy

Suddenly, Obama is everywhere talking about economic policies again. He is the mastermind behind the growth in corporate profits. He is the reason for the current stock market highs. He has single-handedly reduced unemployment to its lowest rate since 2008. He is...

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