Tax Politics
The Politics of Taxes
IRS Still Scrutinizing Certain Groups
The long-forgotten IRS scandal has continued to limp along largely unnoticed. Unfortunately, the IRS has not entirely curbed its behavior of discrimination, despite assurances. Some tea party groups still have not had their applications approved; the longest seems to...
NYT Admits Obamacare’s Failures, Considers Options
The New York Times has admitted the failures of Obamacare: loss of insurers in many marketplaces, high premium costs, the collapse of many co-ops, overreaching federal mandates, and more. The Times suggests that change is necessary in order to ensure Obamacare's...
More Obamacare Woes, This Time in Minnesota
Yet another insurance regulator -- this time in Minnesota -- is sounding the alarm on the insurance market in their state, specifically describing it as "an emergency situation" with regard to rate increases next year and availability of competitive companies offering...
New Yorkers Leaving In Droves
The New York Post had an article the other day regarding the continuous stream of New Yorkers leaving the state. An analysis found that "in 2014, 126,000 tax filers moved out of New York," more than any other state in the nation. Also significantly, "The Empire State...
No New Rate Hike
A couple of days ago, I wrote about my theory that as long as the interest rates stay low, the stock market will remain high -- because no one has any other place for investment. The rates have stay historically low for nearly a decade now, so investors have seen...
Low Interest Rates, High Stock Market
Did you even notice that whenever the economy issues bad results (a weak jobs report, etc.), the stock market goes UP? Logic would seemingly have it be the opposite. If the economy was weak, one would assume the stock market would respond negatively. But that's not...