Ryan said the ultimate goal is to create new wealth in this new economic environment. “We can’t just be the party of redistribution of wealth,” Ryan said. “We’ve got to be the party of creation of wealth”…
Are America’s Wars Just and Moral? by Patrick Buchanan…
“One knowledgeable official estimates that the CIA-backed fighters may have killed or wounded 100,000 Syrian soldiers and their allies,” writes columnist David Ignatius. Given that Syria’s prewar population was not 10 percent of ours, this is the equivalent of a million dead and wounded Americans. What justifies America’s participation in this slaughter?…
How Uber’s Tax Calculation May Have Cost Drivers Hundreds of Millions…
Amid the turmoil at Uber that resulted in Travis Kalanick’s stepping down as chief executive, the company announced a series of changes in late June aimed at improving its drivers’ work experience, including a new tipping option in its passenger app. But even as Uber makes a concerted effort to win over drivers, it has […]
Trump’s Tax Plan Will Be Biggest Tax Cut, Largest Tax Reform in History…
President Donald Trump’s tax reform plan will be the biggest tax cut and the largest tax reform in history, Treasury Secretary Steven Mnuchin said. Mnuchin, speaking at an event Wednesday morning hosted by The Hill, said that Trump’s proposed plan would be released later in the day and would outline principles of tax reform that […]
44% Of Americans Won’t Pay Any Federal Income Tax…
Many Americans won’t owe the government a dime today. More than four in 10 American households (44.3%) — or upwards of 76 million — didn’t pay any income tax to the federal government last year, according to data for 2016 from the Tax Policy Center. This year that number is expected to be roughly the […]
IRS Seized Millions of Dollars from Innocent Citizens Because It Was Easier Than Going After Crooks…
A report from Treasury’s Inspector General found that the IRS misused a law aimed at cracking down on organized crime and terrorism to target innocent individuals and businesses. Agents adopted a policy of seizing cash before investigating for other wrongdoing because it was just easier to seize the money of innocent people than hardened criminals […]
Taxpayers Spend 6.1 Billion Hours, $234 Billion Per Year on Tax Compliance…
Taxpayers spend 6.1 billion hours a year just to comply with the federal tax code, according to experts at a Tax Foundation event on Monday. Pete Sepp, president of the National Taxpayers Union, said that tax compliance costs taxpayers $234 billion per year in direct costs and lost productivity. “The problem is the status quo—thinking […]
California, Nestle, And Decentralization…
Nestle USA has announced that it will move its headquarters from Glendale, California, to Rosslyn, Virginia, taking with it about 1200 jobs. The once Golden State has lost some 1690 businesses since 2008 and a net outflow of a million of mostly middle-class people from the state from 2004 to 2013 due to its onerous […]
New Protest Idiocy Lows: “Resisting” By Not Paying Federal Taxes…
If you thought the last round of protest idiocy was counterproductive, you ain’t seen nuthin’ yet. Just when you think they’ve hit rock bottom, the liberal protests hit new lows. The Guardian recently published an article detailing a revival in “tax resistance,” which is a practice of not paying your taxes to “resist” government…
$1.08 Trillion: Gov’t Collects Record-High Taxes in First Four Months of Fiscal 2017…
The federal government collected a record $1.08 trillion in taxes in the first four months of fiscal year 2017, but the federal government still ran a $157 billion deficit during that time, according to the latest monthly Treasury Department statement. Treasury receipts include tax revenue from individual income taxes, corporate income taxes, social insurance and […]