TAX POLITIX
The Politics of Taxes
WSJ Begins a Satire Section — Or Does It?
As I read this recent article in the Wall Street Journal, "Sluggish Productivity Hampers Wage Gains" I mulled as to whether or not the Wall Street Journal had started a new satire section -- but then it occurred to me that the author's analysis of the current market was completely serious. Is he so clueless that he actually does not understand why there is "tepid productivity"? The author, Greg Ip, cites 1) Faulty data may be partly to blame, 2) the severity of the financial crisis and...
Hillary Clinton Wrote More Personal Emails Than Official Ones, Averaging 31 a Day
According to the LA Times, Hillary Clinton has revealed that aides "deleted more than 30,000 emails that she deemed personal." In fact, Clinton herself breaks down the email numbers: there were 62,320 total messages. 30,490 of these were provided to the State Department, and 31,830 were private records that were destroyed. That's right, she wrote more personal emails than professional ones during her tenure as Secretary of State. Hillary Clinton served as Secretary of State from March 2009 to...
Mark Twain on Taxes
CPAs know all the good jokes...
SCOTUS Should Not Apply “Deference” In the Obamacare Case
During oral arguments of the Burwell Obamacare case before the Supreme Court on Wednesday, a possible resolution seemed to rear its ugly head when Chief Justice Roberts questioned U.S. Solicitor General Donald Verrilli over the contested ambiguity of the application of Obamacare subsidies. Verrilli made the case that the “court should defer to the interpretation of the Internal Revenue Service, which said the tax credits apply nationwide.” This reasoning is absolutely the worst possible...
The Rise of Prosecutorial Abuses
The Wall Street Journal had an excellent article a couple weeks ago calling out the egregious prosecutorial misconduct of New York Attorney General Eric Schneiderman. In this farce of a case, Schneiderman is hell bent on going after Hank Greenberg (formerly with AIG) in an attempt to discredit his name in a state civil lawsuit. The manner in which Schneiderman is conducting himself is a disgrace to his position as prosecutor and reflects a trend of prosecutorial abuses that has grown...
Quickly Noted: Obama “Very Interested” In Raising Taxes Through Executive Action
Bernie Sanders recently advocated for President Obama to raise $100 billion in taxes by the old "closing corporate loopholes" schtick. The difference this time, is that Obama is actively exploring his abilities to do so via Executive Order. Townhall has the scoop: "White House Press Secretary Josh Earnest confirmed Monday that President Obama is "very interested" in the idea of raising taxes through unitlateral executive action. "The president certainly has not indicated any reticence in using...
Obamacare Budget Changed How Its Funds Cost Sharing Programs
Mini Obamacare Bailout? Treasury Covers Some Obamacare Costs Without Congressional Approval
Dems Run Away From Obamacare Penalty They Imposed; New Enrollment Session Added
An Open Letter to Senatorial Democrats
The nomination of Loretta Lynch to the position of Attorney General is before you. Although her intelligence, experience, and poise may appear to make her a superb candidate, it is clear now that she would be an extremely poor - even dangerous -- choice due to her strong position on civil asset forfeiture. Though I as a libertarian and you as a liberal may disagree on many things, the need to safeguard civil liberties and individual rights is a priority for both of us. Do you really want to...
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