Tax Policy
Don’t Stop Spending, Just Add A VAT
By Wes Keene | April 7, 2010 | In Category: Government Debt, Tax Policy
It’s been written that Congress should return to being part-time. Of the many dangers of a full time Congress, one is that with more time in session there is more time to spend our money. Of course, that simply leads to higher taxes. Now one famed economist of the Reagan era is even supporting them.
Tax Cut Professionals
By admin | March 17, 2010 | In Category: General, Tax Policy
America hasn’t always been a land of ever-increasing taxes. One of the pioneers in tax cutting was JFK. The cuts he implemented caused a decisive turn in the economy and brought down unemployment. Later cuts by Reagan and, to a lesser extent, Bush had similar effects. What can politicians today learn from earlier tax cuts?
The New Jersey War
By Wes Keene | February 18, 2010 | In Category: Tax Policy
Governor Chris Christie is turning out even better than most conservatives had hoped. His budget cuts are going to reduce spending overall. He’s also adamant about not raising taxes. It all comes at a price from union leaders and other beneficiaries of the establishment…a price well worth paying.
Debt Commission
By Wes Keene | February 17, 2010 | In Category: Health Care, Tax Policy
Obama is suddenly worried about debt. Since we elect leaders to Congress and the White House, one might think they have the power to cut spending. Evidently, that’s a common misconception. A debt commission wouldn’t reduce spending though. It will only raise taxes.
The “Debt Tax” Fallacy
By Wes Keene | February 16, 2010 | In Category: Tax Policy
It seems every few trillion dollars they spend, Congress feels some guilt and decides to make things right…by hiking your taxes. It won’t work, though. Congress always keeps spending.
Swiss Cheese Tax
By Wes Keene | February 8, 2010 | In Category: Tax Policy
Taxes should be low and even. When tax policies target one group or activity revenues can suffer when those groups diminish or the activity ceases. It’s also immoral for government to arbitrate the freedoms of it’s citizenry through tax code.
What California Can Teach Us
By Wes Keene | February 8, 2010 | In Category: Tax Policy
California is virtually bankrupt. With debt in excess of $500 billion dollars and a terrible business climate, it’s time for other States to assess California’s policies and not repeat the same mistakes.
“Fair Tax”? Fair For Who?
By Wes Keene | February 2, 2010 | In Category: Tax Policy
Among Libertarians you’ll often hear cries for the “Fair Tax”. The Fair Tax is a nice way of saying “National Sales Tax”. To it’s credit, the Fair Tax aims to eliminate the progressive income tax scheme we have now. I happen to like the idea of a tax that applies evenly to all people, since [...]