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

The Charity Defense

by Tom Bozzo Much like the largely if not totally hypothetical family farm that might need to be sold off to cruel agribusiness to pay “death taxes,” I suspect that trotting out charities as the Real Victims of Obama administration plans to reduce tax expenditures on the wealthy is the latest Luntzian effort to put […]

The Cactus Tax Proposal, Part 3: Corporate Tax Rates

‘d like to give my thoughts on corporate income taxes. A favorite idea on the right is that taxes on corporations should be eliminated. The reasoning is this: because the corporation pays taxes on income when it makes a profit, and the shareholders pay taxes on that income once it is distributed to them, essentially […]

The Cactus Tax Proposal, Part 2: Eliminate Tax Deductions for Charity

This post is about taxes. But people find taxes to be a boring subject, so let me begin by noting a few points that at first may seem like they have nothing to do with taxes: 1. In recent weeks, there’s been no small amount of criticism toward Obama over his choice of Church, given […]

The Cactus Tax Proposal, Part I: What Matters More than Anything Else

Since I’ve been criticized for critiquing other people’s tax proposals without putting forward my own, I figured I’d start writing some posts with my thoughts on the subject. I’m going to start, here, in this post, by laying out what I think is by far the single most important thing, the sine qua non without […]

Some Advice For Robert Stein and Other Conservatives Trying to Construct a New Tax Structure

Robert Stein has been kind enough to clarify a lot of points about his tax plan, so I’d like, if I may, to offer conservatives my thoughts on a tax plan. Not a tax plan, but things I feel they should keep in mind about taxes if their goal is to come up with a […]