Amanda Gorman’s poem at Joe Biden’s inauguration has touched me so deeply that as I write this I’m afraid I might be turning into a Gladiolus. Sweet syrup drips from my ears, and Chanel No. 5 wells in my eyes. If…
Sacramento The California Democratic supermajority’s agenda rests entirely on the belief in the need to expand state power to “help” the public — and its concurrent distrust of the “greedy” private sector, which requires more regulation, taxation, and oversight. Virtually…
A few weeks ago, President Donald Trump proposed a payroll tax holiday to Americans earning less than $100,000 per year. The gesture is better described as a deferral of the payroll tax burden until April 2021, and that has some…
Last summer, the U.S. Internal Revenue Service (IRS) sent 10,000 warning letters to suspected American cryptocurrency owners advising them to pay their taxes on digital currency under the threat of penalties and criminal charges. On Tax Day, July 15, one of…
Many argue over the existence of a “deep state” composed of appointed and career federal employees who violate their oaths of office and skirt the law in order to achieve certain outcomes. No matter what they are called, there are…
What do the French digital services tax, the employers’ share of payroll taxes, and the corporate income tax all have in common? They are rarely shouldered by those entities and individuals targeted by legislators. In fact, one of the most…
Seattle, we have a problem. Amazon generated almost $12 billion in income domestically last year. But the company paid no corporate income tax. Instead, the federal government paid the company $129 million in tax rebates. Amazon, like so many other…
Bernie Sanders has agreed to release his recent tax returns and, while he was at it, confessed to being a “millionaire.” He got that way, he explained, by writing a best-selling book. You, too, could be a millionaire, he said,…
Customers of Obamacare received nearly $4 billion in unwarranted subsidies in 2018, and the IRS can’t even recoup some of that due to the manner in which the law is written. The inspector general for the Treasury Department said that…
