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, […]
Jason Bedrick of the CATO Institute examines the growing popularity of education tax credits and analyzes a report from the Center for Education Reform providing a “scorecard” for state tax credit laws. Not surprisingly, the study finds that the most effective tax credits are those that make the credits widely available (e.g. do not limit […]
Next time a statist tells you the US needs to raise taxes point out that the US tax collections are at a record high, yet the US continues to run record deficits (hat tip Conservative News Service): Federal tax revenues continue to run at a record pace (in inflation-adjusted dollars) in fiscal 2014, as the […]