taxes

Biden Admin Justifies Tax Hike Based On Racial Criteria

The Biden administration’s analysis of its revenue proposals for fiscal year 2025 argues targeted tax hikes that disproportionately affect white…

2 days ago

Truss’ tax cut is the right thing to do, just not this year

Recently, the newly elected Prime Minister of England, Liz Truss, proposed solving her country's economic problems by imposing a large…

2 years ago

A Biden Tax Hike Just Kicked In That Affects Everything From Soap To Lightbulbs

An excise tax hike on household items that was buried in President Joe Biden’s $1 trillion infrastructure package last year…

2 years ago

Why It’s Time to Make Taxes Hurt Again

As we recover from yet another “Tax Day,” the date on which Americans must submit their income tax returns, many…

2 years ago

What Chris Rock (and Bastiat) Can Teach You about Tax Withholding

2022 is my first tax season writing a check to the government, instead of the other way around. Up through…

2 years ago

Bernie Sanders Just Proposed a 95% Business Tax. Here’s Why That’s So Absurd

High gas prices and runaway price inflation more broadly are top-of-mind for many Americans right now.  As a result, progressive…

2 years ago

‘Freeloading’ Elon Musk to Pay Largest Federal Tax Bill in History, an Estimated $8.3 Billion

Elon Musk made a bold claim on Twitter on Tuesday. The Tesla founder said he would “pay more taxes than…

2 years ago

21 House Democrats Call For IRS Reporting Proposal To Be Scrapped

A group of House Democrats on Wednesday called for a tax reporting proposal included in the Build Back Better Act…

3 years ago

Biden’s tax proposals, in the $3.5 trillion reconciliation bill, will stagnate the economy

President Biden continues to say that his $3.5 trillion spending package will add zero to the deficit. He says he…

3 years ago

Biden guilty of tax evasion? A new report indicates he owes hundreds of thousands to IRS

A new report indicates that President Joe Biden has avoided taxes and owes approximately half a million dollars to the…

3 years ago

The Busler Single Rate Tax Plan Ensures All Americans Pay Their “Fair Share”

President Biden wants to finance his huge spending plans by raising taxes mostly on the highest income earners. He argues…

3 years ago

Newsom Wins, California Loses

  Gavin Newsom dodged a bullet and survived to rule over the Golden State for the duration of his term.…

3 years ago

Biden’s tax increases will reduce capital formation and lead to stagflation

President Biden has proposed that the capital gains tax rate be raised from the current maximum of 23.8% to over…

3 years ago

Biden Is Pushing His Robin Hood Government Income Transfer Too Far

In our Democracy (technically a Constitutional Republic), the government has essentially two roles: One is to provide public goods, and…

3 years ago

Busler Single Rate Federal Income Tax Plan is an optimum solution

To determine what a plan to permanently fix the federal income tax code would look like, let’s first look at…

3 years ago