Relevant and even prescient commentary on news, politics and the economy.

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Why taxes are important

…parts of that, given all the misinformation abounding now about taxes. For just a tip-of-the-iceberg indicator of the misinformation and lack of understanding that many Americans have about taxes, see…

Most* Americans want to soak the rich

…is no evidence to support that view. The data which prove my claims come after the jump. First look at polling report on taxes. http://www.pollingreport.com/budget.htm Search for taxes and look…

Trump suggests to undocumented immigrants that they quickly pool their savings and use the funds to buy real estate in extremely leveraged deals* in order to avoid paying back taxes (or income taxes at all) once they become legal residents during a Trump administration. And Eric Trump agrees!

…pay back-taxes, they have to pay taxes, there’s no amnesty, as such, there’s no amnesty, but we work with them.” Trump said he was moved by concerns from fans who…

Republican candidates and taxes

…increases as a surefire way to destroy jobs: MITT ROMNEY: President Obama’s plan to raise taxes will have a crushing impact on economic growth. Higher taxes mean fewer jobs –…

Corporate taxes drive economy….nah.

…to the rest of us, guaranteeing our rights, for which the rest of us pay taxes. People who argue that corporations should be exempt from taxes never seem to feel…

CORPORATE TAXES AND INVESTMENT

…and see how well such cuts to corporate taxes actually has worked. First, average corporate profits versus tax business pays. Contrary to the statutory rate of 39% widely quoted, the…