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.
If taxes only concealed hidden costs of what we buy, we’d be lucky, but taxes are destructive in another hidden way.
How are capital gains different from ordinary income?
Instead of taxing the 1% more, we should thank them.
Unlike Stephen King, who seems to admit he’s a socialist, most Obama supporters will not admit to their socialism.
If shareholders in communist China are allowed to keep more of their earnings than shareholders in capitalist America, which nation is more communist and which more capitalist?