Category: "Economics & Tax Policy"

Three Cheers for Tax Inversions

Former Chief of Staff for the congressional Joint Committee on Taxation (JCT), Edward Kleinbard, writing in the Wall Street Journal, argues that “tax inversions must be stopped now.” Kleinbard may understand taxes but like so many on the left has a… more »

Mickelson Targeted Like Tea Partiers?

Does anyone else thing these stories might be related? Phil Mickelson: High Taxes Discourage Me from Working Harder Investor, Bettor, Golfer: Insider Trading Inquiry Includes Mickelson... And today's news: Golfer Mickelson’s Role Said to Be… more »

US Taxes Drive International Deals

Until fairly recently, most corporate takeovers (i.e. one company buying another) were done primarily for business development reasons, for economies of scale, for access to increased distribution, and/or because the target company seemed inexpensive to… more »

The Immorality of Progressive Economics

Most of today’s discussions about “income inequality” focus on the economic and political impacts of Democratic tax and labor policies such as more sharply “progressive” income tax rates, raising the minimum wage, or increasing eligibility for overtime… more »

“Women in the Workforce”? Enough Already!

I don't mean that there are enough women in the workforce, or that women should be "barefoot and pregnant." After all, my mother was a US Navy Admiral. What I mean is that I'm so tired of hearing people like the Obama administration economist who is… more »

The Obamacare Thought Police

H/T James Taranto In the Federal Register update which includes President Obama's most recent unlawful modification of the Affordable Care Act (called Obamacare by liberals only when it is polling above 40% favorable with the public), two main conditio… more »

Court Rules IRS May Not Regulate Tax Preparers

In a unanimous opinion, a 3-judge panel of the DC Circuit Court of Appeals has handed the IRS another defeat in that agency's apparently never-ending quest to regulate, control, and dominate as many aspects of American political and financial life as… more »

CBO Report Shows Obamacare's Economic Damage

On Tuesday, the Congressional Budget Office released a budget projection update which decimates Democrats' claims that Obamacare does not hurt the American economy. In Appendix C of the rather dense document, the CBO concludes that various provisions… more »

A Bad Deal Compared To What?

I’m in a tough spot. Paul Ryan is one of the brightest stars in the Republican Party. He is a true fiscal (and social) conservative, and I cheered when Mitt Romney selected him as his running mate (although I wished Ryan rather than Romney were the… more »

Debunking Democrats’ Default Dramatics

In an interview last Wednesday on CNBC, President Obama said, “When you have a situation in which a faction is willing to default on U.S. obligations, then we are in trouble.” While he is speaking of House Republicans, the only faction that actually… more »
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