Taxation
… too bad it’s not studied more. (Maybe because academics know what they’ll find.) Anyway, it now takes the most-taxed award: Connecticut received the dubious honor on Sept. 29 of displacing New Jersey as the state with the highest taxpayer burden, according to a new “Financial State of the States” report from Truth-in-Accounting (TIA). Illinois,…
Glenn Reynolds shares a really good point from a friend of his: Remember: They’ll spend trillions on bills they haven’t read but want details on how you spent $600.
One has to wonder… during the Cold War, national security types talked about the “dense-pack strategy.” If you’ve got an important asset for war, like missile siloes, it may seem obvious that you want to spread them out so they can’t all be taken out at once, but you have to consider the nature of…
Calls of hypocrisy can go too far, but it’s simply too easy to imagine (meaning “to know”) how differently this sort of news would be handled if Biden were a Republican: [Rep. Jim] Banks, the Republican Study Committee chairman, was responding to the New York Post’s report on the findings of the nonpartisan CRS showing…
On one hand, I sympathize with Alexis Santoro, of Cumberland: Santoro first raised the issue in an email on September 1 to Cumberland school officials. “Each year there has been a bus monitor/crossing guard for the bus when the bus has stopped at this location since pound road has a lot of blind spots and…
Hank Berrien sounds an alarm that ought to draw the attention of Americans across the political spectrum: “The proposal would require banks to report gross inflows and outflows to the IRS, including transactions from Venmo, PayPal, crypto exchanges and the like in an effort to fight tax evasion,” the Daily Mail noted, adding, “The IRS…
Most likely, and good for them. Naturally, RI’s revenue analysis chief, Paul Dion, objects: Confiscatory taxation on productivity will have that effect. During the government-enforced economic shutdown, we’ve seen how politicians and bureaucrats prefer to operate: Rather than allow people to figure things out, they’d rather collect taxes and decide how and to whom to…
The Democrats’ infrastructure bill in the U.S. Senate would shove the camel’s nose into the tent. Mark Tapscott reports for The Epoch Times: Buried in the “Infrastructure Investment and Jobs Act” in the U.S. Senate is approval for the Department of Transportation (DOT) to test a new federal tax on every mile driven by individual Americans.…
That is the conclusion of a federal court ruling in Ohio, although it’s limited to that state, for now. The following comes from an analysis by Jonathan Adler: The two primary federalism arguments against the Tax Mandate are that a) Congress did not specify the terms of this condition with sufficient clarity (i.e. the condition…
Bankrate has published its “The best and worst states for retirement 2021” and as indicated in the featured image of this post (if you look closely), Rhode Island does pretty… not terribly, coming in at twentieth among the fifty states. As is often the case with these more-broadly-construed rankings, the key conclusions are to be…
