Changing the retirement rules to benefit Uncle Sam
Before we forget…the president’s big batch of proposed tax hikes is still making its making its way through Congress. As Philip DeMuth writes, there are still a lot of issues…
Crypto’s hard lesson in official Washington’s ways
The Senate’s trillion-dollar infrastructure bill contains several measures that are supposed to pay for at least a portion of the spending on roads and bridges. Among those items is a…
Democrats reveal their green protectionist tax
Following the lead of European Union bureaucrats, Senate Democrats have unveiled their proposal to impose a green tariff on certain “carbon-intensive” products. According to Axios: The border carbon adjustment, or…
The IRS is stumbling on refunds and answers
While some in Congress are eager to give the IRS more money and power so it can squeeze more revenue out of taxpayers, good luck if you are one of…
A bipartisan push to give the IRS more power
When lawmakers tout the benefits and good works of a bipartisan compromise, the first question everyone should ask is: who pays? In the case of the Senate’s much touted bipartisan…
The IRS’ bonfire of incompetency gets bigger
Even as congressional Democrats want to give it more money and power to squeeze cash out of taxpayers, the IRS seems to have big problems keeping its own house in…
There’s nothing patriotic about fleecing a few to enrich the state
As Democrats roll out a series of proposals to hike taxes on this, that, and almost everything, one idea stands out for its brashness. Rep. Thomas Suozzi (D-N.Y.), a member…
Missouri lawmakers approve tax relief for cannabis companies
Even as a majority of states have legalized recreational or medical marijuana and spurred a growing cannabis industry, there are still a number of legal obstacles preventing those companies from…
Mr. Biden’s retroactive taxes
The Biden administration is rolling out its $6 trillion spending package, and buried inside it is a poisonous assumption: that the capital gains tax will have been raised – retroactively…
A Third of Lifetime Income Lost to Taxes on Average, but up to Half in Some States
Most people grumble about the taxes they pay. Whether it’s on income, property, sales, or some other form of tax, we pay a lot – seemingly more every day. But…
