Twitter, Facebook, and the usual lefty blogs are doing a great deal of hand-wringing over the story that Facebook co-founder Eduardo Saverin is planning to renounce his U.S. citizenship, apparently to avoid onerous U.S. taxes. [ If you can’t wait…
Tag Archive for taxes
Three Good Reads: Social Justice, Tax Cuts, and Solar Cronies
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Three fantastic items to read today. All worth the time. Pushing green/solar energy, by lining the pockets of his buddies and campaign donors? Another Obama favor for his solar cronies -Donald J. Boudreaux: Now the administration’s solar policy seems to…
Horwitz on Corporations and Taxes
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N.B. I am NOT a Romney supporter or fan, and most certainly not a voter. I’m fascinated by the apoplectic fits that leftists get themselves into over the mere mention of corporations. The always good Prof. Steven Horwitz makes a…
Thomas Sowell on Social Justice & Death Taxes
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Indeed. “The question is not what anybody deserves. The question is who is to take on the God-like role of deciding what everybody else deserves. You can talk about ‘social justice’ all you want. But what death taxes boil down…
Should We Eliminate The Capital Gains Tax?
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Wonderful column on the capital gains tax. I say eliminate it. I think it stifles growth and amounts to double-taxation. The entire column is a good read. Why Tax Capital Gains?: Newsroom: The Independent Institute: Imagine a poker game. At…
Harsanyi On Fairness and The Buffett Rule
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Harsanyi makes a fantastic point here. If that $47 billion is so important to get back in the hands of taxpayers, why not just leave it in their hands to begin with? Harsanyi: Obama’s “fairness” fiction – The Denver Post:…
Buffett Rule, Taxes, and Biden
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Some of these stories are just too much. Special rules, for special people. Axelrod: No plans for Obama to donate extra to defray deficit despite low tax rate – Fox News: A top campaign adviser to President Obama made clear…
What Level of Taxes Is “Fair?”
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There’s a lot of depth in this recent column from the always good Sheldon Richman. Definitely click-through and read the entire thing, it’s brief. The Chimera of Tax Fairness – The Freeman: President Obama plays the fairness card in calling…
Does Big Oil Pay Its Share of Taxes?
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For the moment let’s ignore that it’s not objectively clear what Big Oil’s share is. And ignore the serious problems with any corporate tax to begin with. Let’s just focus on if and what they pay in corporate taxes, and…
Relative vs. Absolute Wealth, and The Gaps
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Fantastic column Mr. Max Borders at The Freeman. There is a great deal of hand-wringing over the gap in wealth and/or income between rich and poor. Many of the calls for higher taxes on the rich believe mistakenly that the poor…