The estate tax - known pejoratively as the "death tax" - is a tax made for the purposes of "fairness" and justice, but it raises very little money and is mildly harmful to the economy.
On Tuesday, the University of North Carolina at Chapel Hill’s Student Congress Finance Committee cut the budget of the College Republicans over 75% from the previous year, but met the funding requests of two liberal groups.
Republicans in Ohio last week took an important step toward broad tax reform when the state House of Representatives approved an across-the-board reduction in the personal income tax.
If truth-in-labeling rules applied to Congress, the proposed law giving states the power to collect sales tax from out-of-state online retailers would be named the Marketplace Unfairness Act.
Are your taxes fair? Over half of Americans Say Their Income Taxes are Fair. And 46.6% Paid No Income Tax in 2011. The top 20 percent of Americans earn 53.4 percent of the total U.S. income, but pay 67.2 percent of total income tax. Is that fair?
The last time I was in Ipswich, Massachusetts, I had one of the tastiest plates of fried clams imaginable. They were fresh, full-bellied and cooked perfectly. Try getting something like this outside the Bay State.
Retailers claim nationally that states could raise $23 billion in revenue if they collected Internet sales tax, and then they whine when taxpayers point out that it is a tax increase.
The last year has been a tough one for conservatives. The hope that four years of failed policy would be enough to repudiate the liberal/progressive ideology of the Obama administration ended when the majority of the American public voted to maintain their entitlements -- so long as someone else paid for them.
The reason President Obama and Republicans can't come to an agreement on the fiscal cliff negotiations is that they don't share the same goals. This is also the key to understanding why President Obama appears far less worried about going over the cliff.