A Taxing Question
Last week I wrote about how tax cuts rarely paid for themselves. As you can imagine, I got a bunch of comments on the topic. One of my favorites came from Joe Florian. He said…
Archive for: Taxes
Do Tax Cuts Pay For Themselves?
Why don’t you do an article about the enormous increase in revenue that the IRS receives each time a tax cut is implemented?
Washington’s Next Big Project: Getting Our Taxes Right
Our tax system is too complex (40,000 pages long), too riven by loopholes and exemptions (they amount to about $1.2 trillion a year), and driven by vested interests rather than by a sense of fairness. It’s true enough when the author of the article from which the below excerpt is taken, Leslie
4 Reasons Why Markets Hate Supercommittee Stand-Off
Andrew Gordon explains why the so-called supercommittee couldn’t have picked a worse time to come up empty.
What Herbert Hoover Can Teach Us
President Hoover increased taxes in 1932. It was the decisive blow to an economy that began shrinking in 1930. So why did he do it? To help pay off a burgeoning debt. The parallels to today are obvious.
Memo to the EU, Greek and US Leadership: Treat Your Small Businesses Like You Treat Your Big Banks
“I won’t pony up. It’s wrong.” This doesn’t come from our own frustration over taxes. This is a small business owner in Greece. Is the US paying attention?
Brookings: Only 1.9% of Small Business Owners Affected by Repeal of Bush Tax Cuts
Is Obama bleeding the small business owner with his proposal to end the Bush era tax cuts “for the rich?” A complete myth, says the Brookings Center…
The Super-Rich in Europe Are Following Buffett’s Lead
Buffett’s plea to be taxed more has struck a chord in Europe. 16 of France’s richest people asked the government to tax them more. It’s another sign that…
