Business

The Unintended Consequences of Raising Taxes

The Unintended Consequences of Raising Taxes

Jeff Fong in Taxes 3 months ago

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.

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Why Taxes Are Un-American

Why Taxes Are Un-American

Mike Montafia in Taxes 3 months ago

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.

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When It Comes to Tax Loopholes, Don't Hate the Player, Hate the Game

When It Comes to Tax Loopholes, Don't Hate the Player, Hate the Game

Laura Merli in Taxes 3 months ago

President Obama like to ridicule those who take advantage of 'tax loopholes,' but as long as these exist, why wouldn't they?

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Sam Brownback Wants to Eliminate the Kansas Income Tax: Is This Idea Too Radical?

Sam Brownback Wants to Eliminate the Kansas Income Tax: Is This Idea Too Radical?

Lydia Austin in Taxes 4 months ago

Kansas Governor Sam Brownback is intent on implementing conservative policies at the expense of many citizens across the state.

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Payroll Tax 2013: Higher Taxes and Smaller Paychecks Slap the Middle Class

Payroll Tax 2013: Higher Taxes and Smaller Paychecks Slap the Middle Class

Michael De Los Santos in Taxes 4 months ago

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?

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Debt Ceiling 2013: Cutting MedicareWould Balance Budget More Than Raising Medicare Eligibility

Debt Ceiling 2013: Cutting MedicareWould Balance Budget More Than Raising Medicare Eligibility

Tom McKay in Taxes 4 months ago

Led by Paul Ryan, Republicans are proposing major reductions to the Medicare budget to reign in American debt. This is a flawed strategy.

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Debate Over Taxes Could Be Solved With This Simple Test

Debate Over Taxes Could Be Solved With This Simple Test

David Sassaroli in Taxes 4 months ago

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.

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Tiger Woods Cites High Taxes For Leaving California, Backing Phil Mickelson's Comments

Tiger Woods Cites High Taxes For Leaving California, Backing Phil Mickelson's Comments

Justin Ackerman in Taxes 4 months ago

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

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