Tax Politics
The Politics of Taxes
More Abject Failure From Koskinen’s IRS
John Koskinen has failed the IRS and the American people. Should he resign? IRS Commissioner John Koskinen testified last week about the missing emails lost forever due to computer failures. When questioned about any more crashes or computer issues recently, Koskinen...
What Was Promised and Who Promised It
Pension reform needs to begin in the public sector. it is clear that a wide gulf between funding and compensation exists. When pointing out the fact that the majority of federal and state public employees are overcompensated, the response is typically that “these...
U.S. Ranks 32 out of 34 Countries In New Global Tax Index
The Tax Foundation released its first global stat called the "International Tax Competitiveness Index". This index aims to measure two criteria, competitiveness and neutrality, by examining "the extent to which a country's tax system adheres to", these "two important...
Record Revenue, Yet Still Running A Deficit
The government is still running more than a half-trillion dollar deficit right now, with one month left to go in the fiscal year, despite record revenue being hauled in. CNSNews reports that "Inflation-adjusted federal tax revenues hit a record $2,663,426,000,000 for...
IRS Commissioner: “Wherever We Can, We Follow The Law”
Thanks to the folks over at CATO, we have a video of the current IRS Commissioner John Koskinen, speaking before the Ways and Means Health Subcommittee early this week. He was being questioned about taxes and Obamacare, and asked about subsidies being repaid. Chairman...
Bernie Sanders Wants Rich People to Die
At least you can say Bernie Sanders is ideologically consistent. The self-proclaimed socialist unabashedly declared on Saturday that “we need a tax system which asks the billionaire class to pay its fair share of taxes and which reduces the obscene degree of wealth...