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 […]
Former Secretary of State Hillary Clinton, who along with her husband, has made an estimated $100 million since leaving the White House, claims she struggled to make ends meet since leaving the White House. *Sheds Tear* What is most obnoxious about her comments to ABC news is that you have to “ make double the money […]
Most people understand that exercise is a good thing. Most people also understand that a good way to discourage people from engaging in an activity is to tax it. So therefore, one would think that elected officials would be reluctant to tax exercise… right? WRONG, at least in the nation’s capital. The Washington, DC city […]
Those who think that the IRS’s targeting of political organizations is a new phenomenon should read James Bovard’s “The Sordid History of IRS Political Abuse.” Bovard goes through the IRS’s sordid history of targeting political opponents of the current administration, a history that dates backs to the agency’s founding: The IRS has a long history of […]
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