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Tax Politics

The Politics of Taxes

Unveiling Darkness: Rampant Antisemitism Within NYU

“Israel bears full responsibility for this tremendous loss of life…I will not condemn Palestinian resistance.” These are the words of former NYU Law Student Bar Association President Ryna Workman, issued via the association's email list to as many as 2,000 students. The loss of life Workman so callously attributes to Israel was caused by Hamas terrorists who killed approximately 1,300 people and...
IRS Tax Tip 2016-41: Interest Rates

Interest Rates Remain the Same for the Second Quarter of 2016 WASHINGTON – The Internal Revenue Service today announced that interest rates will remain the same for the calendar quarter beginning April 1, 2016. The rates will be: three (3) percent for overpayments...

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Trump’s Economic Ignorance

The great Don Boudreaux a friend of mine, made mention of this picture last week over on his superb blog, Cafe Hayek. The picture is apparently a favorite among Trump supporters. "What to say? Perry Potts Eidelbus, a Facebook friend, describes it as “a distillation of...

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Record Tax Revenue, Again

CNSNews remains a go-to source for analyzing information on the U.S. Treasury, tax revenue, and such. Here they are again, scrutinizing tax receipts for FY2016 through the end of February. In a nutshell, the U.S. government continues to run a deficit, and the amount...

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Obamacare Tax Penalty Increases

Based on data from H&R Block as we are halfway through filing season, it is apparent that compliance with the Obamacare penalty is still a difficult task. This is the second year that the penalty has been levied; for 2014 taxes, the fee was $95 or 1 percent of...

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45% of Households Pay No Federal Taxes

Every year, the various tax agencies calculate how many Americans do not pay a federal income tax. The 2015 tax year number estimates that 77.5 million households, which is 45.3%, according to the research Tax Policy Center. This number is only for federal taxes and...

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