Eliminating Tax Expenditures To Cut Rates – Early Results Are Underwhelming
The Tax Reform Act of 1986 was a massive reboot of the income tax system. The major theme was to broaden the base and lower the rates. The rate lowering was...
Jill Stein In Jail Worried About Students In Debt Bondage
Green Party Presidential Candidate Jill Stein may be in jail or lock-up in Hempstead, NY as I write this. Dr. Stein and her running mate, Cheri Honkala, were arrested yesterday for “blocking traffic” as they sought entrance to the presidential debate at Hofstra University
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Over and over again courts have said that there is nothing sinister in so arranging one’s affairs as to keep taxes as low as possible. Everybody does so, rich or poor; and all do right, for nobody owes any public duty to pay more than the law demands: taxes are enforced exactions, not voluntary contributions. To demand more in the name of morals is mere cant.