If a store in town has to collect the sales tax, so should online companies.
Well, why not tax all those millionaires and billionaires to close the budget gap? J.P. O’Rourke said it with more humor: Why not “eat the rich”? We could certainly appeal to the Occupy Wall Street crowd and maybe get ourselves some favorable treatment on MSNBC. Who knows, by yelling “soak the rich” we might even send some shivers up and down Chris Matthews’ leg.
Many Wall Street occupiers are echoing the Communist Party USA's call to "Save the nation! Tax corporations! Tax the rich!" There are other Americans, on both the left and the right -- for example, President Barack Obama and House Speaker John Boehner -- who call for reductions in corporate taxes.
At the Heritage Foundation last week, House Budget Committee Chairman Paul Ryan demonstrated why he doesn't need to be running for President to be framing the debate for 2012. He delivered there on October 26 a breathtakingly beautiful speech on Saving the American Idea, which defines the Spirit of 2012.
It’s not difficult to see why Herman Cain has risen in the electoral polls. He clearly states principles that Republicans believe, and he does it without hesitation and without remorse. If you don’t love Herman Cain, you’re probably neither a Republican nor a conservative. But the big question is whether he should be the Republican nominee for President.
I have tax reform guidelines, and they’re not for dummies. My guidelines are for smart people who think rationally. Irrational folks like Warren Buffet may need to eat a bag of Halloween candy before they’re alert enough to understand my conception of ethical taxation.
In a recent "supercommitee" session for Joint Deficit Reduction, Senator Pat Toomey questions the Director of the Congressional Budget Office on the current strategy of stimuli.
With tax reform at the forefront of GOP debate, economist Dan Mitchell explains the basics of how a 'flat tax' would function.
It is time for our leaders in Congress – the ones lifted into power by a conservative wave – to take a bold, principled stand and put an end to energy subsidies. These subsidies distort private sector investment, waste taxpayer dollars, and allow the government to pick winners and losers.
Welcome to the Mostly-999 edition of Email, Hate Mail and Comments from Readers.
Both Perry and Cain include 100 percent cash expensing for new-business investment. Both Cain and Perry would eliminate the double tax on capital gains and other investments, as well as the double tax on the foreign earnings of U.S. companies.
As I have told you before, I watch CNBC in the morning because I know about as much about politics as most of the guests on the morning cable news programs who talk about politics, but I know nearly nothing about finance so I watch the guests on CNBC who talk about finance.
Some exciting developments in the Republican presidential race are being ignored by the media. We believe Americans will be excited when they understand the revolutionary nature of these candidate's proposals.
Some Republicans are panicking at the idea the defense budget might be cut even a little — as if that somehow will destroy the Republic. Malarkey. Examples of profligacy abound. The House is just now trying to get up the nerve to forbid the Treasury Secretary from getting around on military jets — at the cost of $150,000 per flight, a practice begun under Tim Geithner’s Republican predecessor.
Occupy Wall Street is NO Tea Party! The masses of people collecting in New York City, across the country and world in the name of OWS look more like riots (reminiscent of the 1960s free love variety) than a movement. Participants in this “inchoate” movement as liberal and conservative media have described it, have trashed parks, attacked police, set cars ablaze and paraded around topless in the name of what?
Rep. Paul Ryan gives the plan a thumbs-up. Supply-side mentor Art Laffer tells me it would be "far, far better than the current system." And Chris Chocola, president of the free-market Club for Growth, calls it "a truly revolutionary tax reform that would amount to a massive job-creating tax cut on investments, savings and income."
Elizabeth Warren's Crusade to Nationalize Payday Lending Squeezes Native American Tribes | Cathy Reisenwitz