Taxing By Inflation

If you put $1,000 in your piggy bank in 1960 and took it out to spend in 2000, you would discover that your money had, over time, lost 80 percent of its value.

Taxing Your Life Away

“What the tax code is doing is trying to choose our values for us,” complains Yaron Brook from the Ayn Rand Institute.

Americans Deserve the IRS

If federal spending were only 5 percent of our GDP ($750 billion) — instead of 25 percent ($3.8 trillion) — there would be no need for today’s oppressive and complicated tax system.

The Bullying Pulpit

The federal government already has ample powers to punish people who have broken the tax laws. It does not need additional powers to bully people who haven’t.

Apple Computer Should Not Have To Pay Taxes

Apple, the most highly valued technology company and the creator of wonderful products that millions enjoy and use to enhance their productivity, has been accused of not paying enough taxes at a congressional hearing where CEO Tim Cook was grilled yesterday. (See the story here). More specifically, Apple was accused of avoiding $9 billion or […]

Prophets and Losses: Part II

People on both sides of tax issues often speak of such things as a “$300 billion tax increase” or a “$500 billion tax decrease.” That is fine if they are looking back at something that has already happened. But it can be sheer nonsense if they are talking about a proposed increase or decrease in […]

Patriotic Millionaires Unmasked

Despite the breathless post-election “think pieces” that have drawn sweeping and deeply considered conclusions about the political drift of the country, at its core President Obama’s re-election is easy to understand. He essentially promised millions of middle and working class voters that if he were to be re-elected, they would receive benefits paid for by […]

Tax Increases (or Cuts) Not the Real Issue

According to the Congressional Budget Office’s figures, extending the Bush tax rates will only increase the deficit by 4 percent. Actually, critics of the way the CBO figures this out are saying the 4 percent number is too high. They charge that the CBO does not take into account any fiscal benefits from tax cuts. […]

Facebook Founder Flees Fleecing

The subheading would read: Globalist Senators in Hot Pursuit. One look at the arrogant, sneering expression on the face of Senator Charles Schumer (Democrat, New York) and one glance at what he had to say about Facebook co-founder Eduardo Saverin’s renunciation of his U.S. citizenship in favor of living in Singapore, and I felt an […]