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About the only people who don’t like Proposition K are people dependent on government for their revenues. Here, a press release from the Flint Hills Center for Public Policy tells of two organizations who have endorsed Proposition K. There may be some who note that these two organizations, being involved in the real estate business, benefit from lower property taxes. Two things: First Proposition K doesn’t necessarily mean lower property taxes. Instead, it means more predicable taxes, with d
Somehow, I ended up on the mailing list of the New York GOP.  Found this in my mail last night: “Since its founding, the Republican Party has stood for the time honored values and ideals of opportunity, personal responsibility, accountability and hope,” said Chairman Mondello. “Our nation has become the greatest society in history, because we have supported and rewarded individual energy and initiative, thereby allowing each individual to achieve the highest possible level of success and en
I know there are probably some unintended consequences lurking around the corner here, but I can't help it -- Robert Book's take on the issue of D.C. representation in Congress is simply delightful. Book, a data analyst and senior research fellow at the Heritage Foundation, argues that the proper answer to D.C.'s longstanding complaint about federal taxation without representation is not to give Eleanor Holmes Norton an extraconstitutional voting privilege in the House but instead to exempt D
America’s Health Insurance Plans (AHIP) — the insurance industry’s lobbying arm — is hosting a health care policy forum in Washington D.C. This is the third of a series of posts from inside the conference. At the AHIP conference today, ThinkProgress asked Sen. Orrin Hatch (R-UT) about some issues other than health care, and Hatch wound up expressing his distaste for the Obama administration’s tax policy. In particular, Hatch railed against Obama’s tentative proposal to no longer allow U.S
Adam Smith named four criteria to evaluate the effectiveness of a tax structure. Is the tax borne equally? Is it convenient to collect? Is it a certainty that the tax must be paid? Does the tax harm the overall economy? Tax legislators, administrators, and voters struggle to get this right. The first consideration is the tax base, the pool of money from which buckets of tax will be collected. Will it be an entire population, businesses in certain industries, or anyone whose name starts with “T
  March 11, 2009 Are ‘Hope’ And ‘Change’ Still Tax-Deductible? By Ann Coulter Are you sitting down? Obama plans to pay for his $3.6 trillion-dollar spending bill by raising taxes on “the rich.” I know, I know … I was pretty shocked, too.The bad news is, by hiking taxes in a recession, Obama will turn a disaster into a catastrophe. But there’s good news, too. The “rich” include most of Obama’s biggest supporters.     While liberals love being praised for thei
Some time ago, I had to do research in the internet on a term I did not understand: ""Intragovernmental Holdings." This is what I discovered:The federal Treasury manages 159 accounts that it calls "trust funds." Sixteen of these are real trusts. The rest are bogus. Trust funds are fiduciary activities dealing with the stewardship of property. The objective is usually to preserve value for beneficiaries and, if possible, increase that value through wise management and investment. Trust funds
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