Tax Politics
The Politics of Taxes
Koch On Bernie: He’s Right On One Issue
Charles Koch applauds Bernie Sander's recognition of cronyism in government, and he is right. Cronyism has no place in our system. Koch makes a particular note about ethanol integrity -- which he opposes in spite of ethanol mandates -- against the likes of Harry Reid...
IRS Seizure Cases Deserve New Scrutiny
I have written numerous articles over the year about the onerous, destructive practice of IRS asset forfeiture cases. Basically, the IRS has been leveraging laws intended to target money launderers and criminals in order to seize the bank accounts of business owners...
Scotusblog: What Happens To This Term’s Close Cases?
As we mourn the loss of the magnanimous Supreme Court Justice Antonin Scalia, questions inevitably rise about the pending cases in the Supreme Court. Scotusblog has issued the following release: "What happens to this Term’s close cases? (Updated) The passing of...
Bernie Sander’s Tax Plan: Reduces Income and Hikes Taxes
With Bernie Sanders doing well against Hillary Clinton for the Democrat nomination, it's a great time to look at some of the specifics of his tax plan. The Tax Foundation studied the affects of the major changes (listed below). Their analysis found that Sander's plan...
Obama’s Budget: $4.1 Trillion
President Obama's final budget was submitted today, a $4.1 trillion millstone for American taxpayers. The budget was chock full of tax hikes in order to fund Obama's pet projects, and "proposed investments in infrastructure, cyber security, education, and job growth."...
PSA: IRS Suffers Hardware Failure
The IRS announced this morning that a hardware failure occurred sometime yesterday afternoon; because of this, tax processing systems are not currently not functioning correctly. As a result of the failure, the IRS is unable to accept tax returns filed electronically,...