Taxation

The Burdern of Taxes and Other Congressional Lies by Walter Williams (November 14, 2007) The fact that there are so many American earners who have little or no financial stake in our country poses a serious political problem. The Tax Foundation estimates that 41 percent of whites, 56 percent of blacks, 59 percent of American Indian and Aleut Eskimo and 40 percent Asian and Pacific Islanders had no 2004 federal income tax liability. The Pope Sanctions the OECD Thugs by Walter Williams (August 29, 2007) Pope Benedict could benefit from a bit of schooling about taxation. The Tax-Cut Myth by John Stossel (May 14, 2007) The federal government keeps growing, as I pointed out last week, but the Bush administration has cut tax rates a few times since 2001. How can that be? The answer is simple: deficit spending. Springtime for Taxes by John Stossel (April 11, 2007) Other countries have made their citizens' lives better by simplifying and lowering taxes. The FairTax Book by Walter Williams (December 13, 2006) Here's my prediction: The Fair Tax will never become law. It Starts with a Quarter by John A. Charles, Jr. (September 22, 2006) The loss of personal freedom frequently begins with small steps. Why Can't We Fix The Tax Code? by Daniel J. Mitchell (April 22, 2006) While Americans struggle to comply with one of the world's most complicated tax codes, it's worth noting that about one-dozen nations have adopted simple and fair flat-tax systems. How Washington will spend your taxes in 2006 by Brian Riedl (April 14, 2006) Washington will spend $23,760 per household in 2006 -- the highest inflation-adjusted total since World War II. Tax Cuts: A $70 Billion 'Giveaway' to the Rich? by Walter Williams (January 11, 2006) Republican and Democratic big government advocates whine about President Bush's proposed tax cuts, particularly cuts in the capital gains tax. How To Prevent Confiscatory Taxation: Cut Spending to Save Needed Tax Cuts by Edwin Feulner (December 3, 2005) The federal government is about 33 percent larger today than it was in 2001 and spends some $22,000 per household. And regardless of how this spending is financed, either with taxes or borrowing, the economy will suffer since resources will be transferred from the productive sector to the government. Three Huge Automatic Tax Increases -- Courtesy of Congress by James K. Glassman (November 28, 2005) Congress is about to do severe harm to the U.S. economy if it fails to act in the next few months to stop three huge automatic tax increases. Keep the Death Tax Dead by Edwin Feulner (September 9, 2005) In Washington, nothing's certain except death, taxes and special-interest lobbying groups. So it makes sense that the death tax has its own lobbyists. Unhappy Birthday Hawley-Smoot by Thomas Sowell (June 12, 2005) Only a few economic historians are likely to notice that June 17th marks the 75th anniversary of the signing of the Hawley-Smoot tariff bill, and even economic historians are unlikely to be nostalgic about that disastrous legislation. How Your Government Wastes Your Money by Brian Riedl (June 3, 2005) The federal government will spend an eye-popping $22,039 per household. Death Tax Returns In 2011 by James K. Glassman (May 13, 2005) Whether an inheritance is good or bad for your kids, however, is a decision that you -- not the government -- should have the freedom and responsibility to make. Death Tax Should be Killed, Not Wounded by Daniel J. Mitchell (April 29, 2005) The good news is that the death tax will disappear in 2010. If they die that year, their families will get their assets, not the IRS. The bad news is that this pernicious tax springs back to life in 2011... Un-Taxing the Rich by Nicholas Provenzo (April 28, 2005) Three-quarters of Connecticut residents say they support increasing taxes on people other then themselves. A Flat-Out Case for Tax Reform by Daniel J. Mitchell (April 15, 2005) More and more nations understand the critical importance of good tax policy, and the United States should join them. How Washington Will Spend Your Taxes In 2005 by Brian Riedl (April 10, 2005) The April 15 tax deadline provides taxpayers the opportunity to examine how their elected officials will spend their hard-earned tax dollars. National Sales Tax? by Walter Williams (December 22, 2004) Before we look at whether a national sales tax is a good idea, how about a little Economics 101 just to convince you that government spending, not government taxation, is the true measure of governmental impact on our lives? A Taxing Experience: Cut the National Debt By Reducing Spending by Thomas Sowell (November 25, 2004) When liberals in the media or in politics start being alarmed about the national debt, it means just one thing: They want higher taxes. The thought of reducing spending would never cross their minds. In the Mold of Jimmy Carter: The Kerry Tax Plan by Daniel J. Obrycki and Rafael Resendes (October 31, 2004) Insight into an evolving central issue of the presidential campaign, the role of taxes on the economy. Watch Both Boots by Ralph R. Reiland (October 10, 2004) The federal deficit this year will hit a record $422 billion, according to the latest projections from the Congressional Budget Office. That's over a billion dollars a day in red ink, more than a billion a day in federal spending that's over and above the level of federal tax revenues. Dangers of No Tax Liability by Walter Williams (September 15, 2004) When 122 million Americans are outside of the federal income tax system, it's like throwing chum to our political sharks. These Americans become a natural spending constituency for big-government politicians. Fat in California's Budget by Thomas Sowell (June 21, 2004) Whenever there is a budget deficit, politicians automatically want taxes raised. In our private lives, whenever we find ourselves running out of money, most of us think about cutting back on our spending. Not so in government.

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