Taxes

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    Misunderstanding the tax refund’s significance

    Ramesh Ponnuru of National Review Online takes a Democratic presidential candidate to task for her recent statements involving tax refunds. Senator Kamala Harris (D., Calif.) notes that the average tax refund is $170 lower than last year, and comments, “Let’s call the President’s tax cut what it is:…
    Mitch Kokai, February 14, 2019
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    What happens when you try to pay the unauthorized substance tax

    If you are comfortable providing your name, phone number, and mailing address to get the tax stamps required for illegal substances, Jonathan Holbrook of the School of Government would like to hear how it goes. Actually, we all would.
    Joseph Coletti, February 13, 2019
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    York explores fight over Trump tax returns

    Byron York of the Washington Examiner contends congressional Democrats are preparing for the “ultimate fishing expedition.” Yes, Democrats want to start a new investigation into already-under-investigation Trump-Russia allegations. And yes, they want to investigate Trump associates like Michael Cohen, Roger Stone, and others. But by far the biggest…
    Mitch Kokai, February 13, 2019
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    Poll: Voters Not Convinced Tax Increases On Wealthiest Americans Benefit the Economy

      As progressives move even further to the Left and endorse policies that clearly make them welfare statists, a new poll shows that Americans are not convinced about the call to soak the wealthy with sky-high marginal tax rates. From Rasmussen: Most voters agree that government spending and taxes…
    Donna Martinez, February 11, 2019
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    This weekend on Carolina Journal Radio

    With 2020 primary elections moved up from May to March, candidates are already lining up for key N.C. statewide elections. Rick Henderson analyzes early candidate filings for the next edition of Carolina Journal Radio. Jordan Roberts explains why Medicaid expansion still represents a bad deal for North…
    Mitch Kokai, February 8, 2019
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    “God forbid if the rich leave”

    New York has received the “greatest revenue shock in recent years,” Gov. Andrew Cuomo announced earlier this week. Cuomo said income taxes will be $2.3 billion lower than expected when he introduced a $178 billion budget last month. “That’s as serious as a heart attack. This is worse than…
    Joseph Coletti, February 7, 2019
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    “Physics and economics are two sides of the same coin”

    “Hierarchy is not imposed, it is natural,” Duke professor Adrian Bejan told J. Peder Zane in a recent interview. “Equality, however, is artificial, because it violates the law of evolution in nature.” Bejan comes to this conclusion because “physics and economics are two sides of the same coin,” and…
    Joseph Coletti, February 6, 2019
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    Do people really want to soak the rich?

    Ramesh Ponnuru of National Review Online questions reporting about new poll results on taxation. Ben White writes in Politico that “when it comes to soaking the rich, the American public is increasingly on board.” After citing two polls in which supermajorities of the public favor higher taxes on…
    Mitch Kokai, February 6, 2019