Next time some statist tries to tell you that our deficits are because the government is just not taxing us enough, remind them that federal tax revenues are at historic highs and are projected to increase. Despite the new revenue, government is still running enormous deficits. Former OMB Chief David Stockman points out that the […]
“The only reason God put Republicans on this earth is to cut taxes”–Robert Novak According to Politico, Republicans may be disregarding the late Mr. Novak’s theology as few Republican candidates for Senate are discussing tax cuts. Instead, those Republicans who are discussing tax policy are championing “tax reform.” Tax reform is by no means the […]
The Telegraph reports that Argentina is using drones to catch “wealthy tax evaders.” I wonder how long it is before tax-hungry local governments start asking the Feds for drones to more “efficiently” assess and collect property taxes?
Burger King, the second-largest burger chain in the United States will buy Canadian company Tim Hortons, moving its company headquarters to Canada in the process. From The Washington Post: International fast food behemoth Burger King Worldwide Inc. confirmed Tuesday that it will pay about $11 billion to buy Canadian chain Tim Hortons Inc., which sells […]
Yesterday, Representative Rosa DeLauro (D-CT) introduced the Sugar-Sweetened Beverages Tax (SWEET) Act (HR 5279). As the title suggests, this legislation imposes a new tax on sodas. (I don’t know about you, but I don’t find new taxes to be SWEET, but then I don’t think supporting warrantless wiretapping is particularly PATRIOTic.) According to Rep. DeLauro’s office, […]