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

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Putin Tax: Back in the USSR

…flat tax is being instituted to enhance economic growth, increase tax revenues and make tax codes fairer. Why not in the U.S. After all, isn’t the world topsy-turvy when Moscow,…

Sulli v. Daily Howler on the Flat Tax

…would be no tax on Social Security. No tax on pensions. No tax on personal savings. It would zero out capital gains taxes. So no taxation on capital income. I…

My GASB comments

…many states allow companies to keep personal income tax withholding from their employees. In Missouri, local taxing districts called transportation development districts collect an extra sales tax from customers, but…