If there is anything that gets demagogic politicians and pundits riled up, it’s the closing of tax loopholes, and the tax-hike demagogues might just be getting one of their wishes come December. Bloomberg reports that most online consumers will pay sales taxes in some shape or form in the next few months. Currently, consumers pay
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In a 2011 piece for the New York Times, leftist billionaire Warren Buffett claimed that investment managers are getting “extraordinary tax breaks,” due to the classification of income from managing others’ money as “capital gains.” “Some of us are investment managers who earn billions from our daily labors but are allowed to classify our income as ‘carried
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The bromance between President Donald Trump and Sen. Rand Paul (R-KY) is heating up. After Trump signed what Paul called “the biggest free-market reform of health care in a generation,” the men met on the golf course this morning to discuss a variety of major political issues over 18 holes. Paul said that the men
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If you are waiting with baited breath thinking that the GOP legislature is going to deliver substantial tax reform in the near future, think again. Sens. Rand Paul (R-KY) and Mike Lee (R-UT) are warning that the swamp creatures of the GOP establishment are working aggressively under the cloak of darkness to sabotage any possible
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The center-right government of Norway has constructed a policy that has really showcases the folly and hypocrisy of leftist thinking. By creating a voluntary tax scheme allowing virtuous liberals to pay more, they put leftist rhetoric to the test. Would these supposedly compassionate liberals put their money where their mouths are, or would they demonstrate
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