After Tearing Up First Amendment, IRS Can Tear Up Passports

Dec 24th, 2015 * RECOMMENDED READINGS, Civil Rights, Government, Regulation, Taxes Robert May 1 min read

IBD Staff write:  Abuse Of Power: Some thought the IRS would be punished after interfering in a presidential election by harassing conservative organizations. Instead, the tax man gets the new power of revoking your passport. The massive transportation bill that a Republican Congress passed this month gives the Internal Revenue Service new powers to authorize the State Department to revoke U.S. passports.    

 

Here’s What Genuine Tax Reform Looks Like

Dec 24th, 2015 * RECOMMENDED READINGS, Taxes Bill B. May 1 min read

John H. Cochrane says:  Left and right agree that the U.S. tax code is a mess. The men and women running for president in 2016 are offering reform plans, and proposals to fix the code regularly surface in Congress. But these plans are, and should be, political documents, designed to attract votes. To prevent today’s ugly bargains from becoming tomorrow’s conventional wisdom, we should more…

 

Immorality and Contempt for Liberty

Dec 23rd, 2015 * RECOMMENDED READINGS, Government, Liberty, Taxes Robert May 1 min read

Walter E. Williams writes: American immorality and contempt for liberty lie at the root of most of the political economic problems our nation faces. They explain the fiscal problems we face, such as growing national debt and budget deficits at the federal, state and local levels of government. Our immorality and contempt for liberty are reflected most in our widespread belief that government ought to…

 

11 Outrageous Failures in the GOP’s Trillion Dollar Bill

Dec 23rd, 2015 * RECOMMENDED READINGS, Budget, Government, National Debt, Taxes Bill B. May 1 min read

James Bovard says:  A very incomplete list of a total surrender Republican congressional leaders are like a football coach who believes the secret to winning is to punt early and often. House Speaker Paul Ryan and others are claiming victory over the 2,000-plus page appropriations bill, but this is a “no boondoggle left behind” $1.1 trillion nightmare.  

 

The New Budget Bill

Dec 19th, 2015 Budget, Business, National Debt, Taxes Bill B. May 1 min read

by Bill B. May Here we go again.  And with a supposedly conservative leader in the House.  On the surface, there are few cuts in government expenses in the bill but there are a number of tax cuts.  That should warm the hearts of conservatives who believe that taxes (and government) are weighing down the economy.   But it won’t.   These tax “cuts” are special interest reductions…