New York's sin tax on cigarettes is a textbook example of the Laffer Curve: a point of diminishing returns from raising taxes after which revenues decline as rates (and crime) increase.
With tax season approaching, now's the time to discuss the hidden purpose of taxes and how tax policy is diametrically opposed to our founding documents.
President Obama like to ridicule those who take advantage of 'tax loopholes,' but as long as these exist, why wouldn't they?
Kansas Governor Sam Brownback is intent on implementing conservative policies at the expense of many citizens across the state.
Now that the temporary reduction of the payroll tax has expired, those making between $50,000 and $75,000 will be hit with a tax increase of about $800. Who is to blame?
Led by Paul Ryan, Republicans are proposing major reductions to the Medicare budget to reign in American debt. This is a flawed strategy.
John Rawls wrote the distributive principle for economic fairness as a thought experiment. Take the test and find out what kind of society you would build.
Tiger Woods' and Phil Mickelson's stance on California's high tax rates may be the beginning of a state-wide exodus among high-income earners