Taxing Medical Progress to Death by Michelle Malkin: Two years ago this month, as public debate over Obamacare raged, former President Bill Clinton rushed to the hospital because of a heart condition. He immediately underwent a procedure to place two stents in one of his coronary arteries. It was a timely reminder about the dangers [...]
Tags: healthcare reform · Politics of Taxes · Tax Policy
Paul Caron reports that the United States tax system is more progressive than France, Germany, Belgium and the UK. No doubt my friends on the left, tax bloggers Linda Beale and James Maule, and those of their ilk, will find a way to recast the study and the charts below as evidence of a right wing [...]
Tags: Politics of Taxes · Tax Policy
By way of Paul Caron, Liz Peek of Fiscal Times explains why the Buffett Rule is pile of propagandistic nonsense (emphasis added): Fiscal Times, Obama’s ‘Buffett Rule’ Fails the Tax Reform Test, by Liz Peek: President Obama has a new favorite possession – the “Buffett Rule.” Like a poodle with a new chew-toy, Mr. Obama can’t [...]
Tags: Tax Policy
Last month in American Tax Compliance Rates Highest in Civilized World Despite What David Cay Johnston Says I refuted David Cay Johnston’s absurd claim that America’s low tax rates are the cause of it’s alleged rampant tax evasion: Johnston claims that there is “rampant evasion in the U.S.” even though the very study he cites shows that there [...]
Tags: Politics of Taxes · Tax Policy
Please bear with me on this one. If Warren Buffett really does pay taxes at a lower rate than his secretary does, it is a fairer result than if he paid taxes at a higher rate.¹ Here’s why: Warren Buffett employs his secretary. Debbie Bosanek employs no one Warren Buffett, directly and indirectly, employs hundreds of thousands of workers. Debbie [...]
Tags: Politics of Taxes · Tax Policy
In his post Lying About Tax Myths Professor Maule responds point by point to my recent post More Lies About Tax Lies. I have published Maule’s entire post below. After each of his assertions, I give my rebuttal. 1. Maule’s Assertion: Peter Pappas is at it again. My Rebuttal: I agree, I am at it again. “It” being the [...]
Tags: Politics of Taxes · Tax Policy · The Economy
Professor James Maule has, once again, lied about who tells tax lies. He lists five myths – he really means lies – which he says the right tells about taxes. In this post I will discuss and hopefully refute the first three of them. Maule’s First Myth The first myth, that “47% of Americans do not [...]
Tags: Politics of Taxes · Tax Policy
