FairTax 1

A discussion I’m involved in on the MENSA site had one member independently think up the idea of replacing the income tax with a sales tax. He and I are very far apart politically (something he noted during the discussion), but I agree with him on this. There has been a proposal that is continually refined to accomplish exactly this, and it would end the IRS for good. Here’s their website, FairTax.org. And then the arguments started… One commenter needed the IRS: […]

Gas Attack

Charles Krauthammer has written favorably of adding more taxes to the cost of gasoline:

For 32 years I’ve been advocating a major tax on petroleum. I’ve got as much chance this time around as did Don Quixote with windmills. But I shall tilt my lance once more.

NB: 32 years ago, Dr. Krauthammer was […]

Presidential Economy

Do presidents really have an effect on the US economy? That question was put to me. Here’s my reply. The Clinton era was an utter and complete financial disaster — to the point where Republicans won the midterms in a landslide, and were able to force through tax reductions and other Federal constraints. […]

Like Cuba Without the Sun

The new Prime Minister of France in 2012 astounded the world, and pleased President Obama, by imposing a 75% income tax on high earners. Obama invited him over, took him in as a new best buddy, and White House photographs featured the smiling pair together at Camp David. […]

Christianity and Progressivism

In a discussion at Citizen Tom’s excellent blog, he laments the loss of Christianity (along with politics) as even a topic of popular discussion. In the middle of a long and thoughtful post, with which I largely agree, he notes: […]

Tax Protesting

It was suggested to me in a separate conversation that I am a tax protester who believes that paying any taxes at all is “not right.” I was surprised at this assertion. […]

The Cain 999 Calculator

Here’s a calculator to determine the effect of the 999 plan. The page disclaims any affiliation with Cain. […]

Tax changes

A new tax plan may be simpler, more understandable, and this is very commendable on its own. But it is not possible that a new set of simple rules will have every person paying exactly what they already pay. That requires a huge amount of complex rules to accomplish. […]

The Left Defends Buffett

Interestingly, leftist media is pushing back on the claim that Buffet objects to the tax plan. Oh no, they say, the GOP is just misinterpreting what he said. […]

$50 million a year is not a lot of money

I’m amused that Warren Buffett thinks that President Obama’s “Buffet Rule” is a bad idea. […]

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