Maybe it’s a measure of progressives’ refusal to look back, to always move “forward.” Otherwise, they should be celebrating right now. In fact, President Obama and fellow modern progressives/liberals should be ecstatic all this year, rejoicing over the centenary of something so fundamental to their ideology, to their core goals of government, to their sense of economic and social justice—to what Obama once called “redistributive change.”
The breakout headliner issue in 1978 was “Tax Revolt.” A Time Magazine cover showed Howard Jarvis shaking his fist under that headline. Proposition 13 time. Then? The Tax Revolt went, as we would now say, viral. Citizen discontent — and political activism — against high tax rates turned into a national, and then international, phenomenon.
Since income tax season in the United States has officially begun, we thought we'd mark the occasion by revisiting our original Form 1040 tool, where you can find out how much of the money you earned last year would have been taken from you by Uncle Sam back in 1913!
The big hoo-hah over taxes we had to suffer through last month had to do with income tax rates and some specialty items that largely attached to corporations.
Townhall's Guy Benson talked about the reaction to Mitt Romney's newly released tax returns.
Barack Obama doesn't think the rich are paying their fair share of income taxes. So what is their fair share?
There was a time when Democrats and Republicans alike could talk sense about tax rates, in terms of what is best for the economy, without demagoguery about "tax cuts for the rich."
UCLA professor Tim Groseclose explains the Laffer Curve, and why raising taxes can decrease revenue.
We have heard many times from President Barack Obama how he plans to raise taxes on "millionaires and billionaires," but not on the middle class. Apparently, if you don't happen to be a millionaire or billionaire, you don't have to worry.
"They lie, and they don't care if people think they lie," California Democratic Party Chairman John Burton told reporter Joe Garofoli before a state delegation breakfast Monday. Burton even brought up that "as long as you lie, Joseph Goebbels, the big lie, you keep repeating it, you know."
If you listen to America's political hacks, mainstream media talking heads and their socialist allies, you can't help but reach the conclusion that the nation's tax burden is borne by the poor and middleclass while the rich get off scot-free.