Tax Politics
The Politics of Taxes
Another Asset Forfeiture Fiasco: Dressmaker Edition
I have continuously written about the deplorable practice of asset forfeiture via the IRS. Many of the cases involve circumstances where the business is accused of “structuring” cash deposits to stay under $10,000 — which the IRS considers to be “suspicious,” not...
Federal Agencies and Citizen Crimes
Something that Congress needs to seriously consider is eliminating the authorization of federal agencies to designate violations of their rules as actual crimes. Unbeknownst to the vast majority of Americans, federal agencies - consisting of no elected representatives...
Let’s Talk About Social Security
Entitlement reform is necessary for the fiscal health of this country, but it is something that no one wants to talk about, much less tackle. How can we begin? How can we open up the conversation and the possibility to reform and improve our social security system?...
Happy Independence Day
When, in the course of human events, it becomes necessary for one people to dissolve the political bonds which have connected them with another, and to assume among the powers of the earth, the separate and equal station to which the laws of nature and of nature's God...
Only 4 of 23 Obamacare Co-ops Remain After Another One Collapses
The 19th co-op since the creation of Obamacare has announced it will cease offering services at the end of 2017. Known as the "Minuteman Health of Massachusetts and New Hampshire," this co-op will look to reorganize as a new venture to be called the "Minuteman...
Carried Interest Does Not Need To Be Fixed
There continues to be a notion that carried interest is something that needs to be fixed because of a seemingly unfair low-tax capital gains income rate. It is true the rate is low. But so what? It’s not as though the income isn’t from capital gains. If the law was...