Taxes

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    Democrats’ Curious Plan for Taxing the ‘Rich’

    Christopher Jacobs writes at the Federalist about a little-known element of congressional Democrats’ tax plans. For a party that purportedly wants to “tax the rich,” Democrats sure have a funny way of showing it. Bloomberg reported on Friday that a potential repeal of the cap for state and…
    Mitch Kokai, September 21, 2021
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    GOP Tax Writer Sounds Alarm Over Biden Plan

    Zachary Halaschak of the Washington Examiner highlights one lawmaker’s concerns about the Biden administration’s latest spending plans. A chief architect of the 2017 tax cuts said Democrats’ multitrillion-dollar tax and spending package is the “most dangerous” he has seen during his more than two decades in Congress. Rep.
    Mitch Kokai, September 21, 2021
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    Hey Charlotte: If spending has such great “economic impact,” why hide huge cost overruns?

    My latest article for the American Institute for Economic Research takes note of the fact that, thanks to Eric Rowell of Hunterville’s question, the celebrated “economic impact” study for Charlotte’s proposed Transformational Mobility Network has no opportunity costs built into the model. “None.” This is a perennial problem with economic…
    Jon Sanders, September 20, 2021
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    AOC’s ‘Tax The Rich’ Message Falls Flat

    David Harsanyi writes for the New York Post about the latest misguided message from the “wrong” AOC. Rep. Alexandria Ocasio-Cortez donned an elegant gown with the slogan “Tax the Rich” painted on the back at the Met Gala in New York, where guests selected by Vogue’s Anna Wintour…
    Mitch Kokai, September 20, 2021
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    Democrats Combine Nanny State, Tribalism With Tobacco Plan

    Dominic Pino writes at National Review Online about the problems with Democrats’ tobacco-tax proposals. President Biden promised not to raise taxes on people making less than $400,000 per year. He has actually said that the middle class would see a tax cut under his “Build Back Better” agenda,…
    Mitch Kokai, September 17, 2021
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    Democratic Tax Hike Proposals Explored

    Sarah Westwood of the Washington Examiner looks closely at congressional Democrats’ plans for raising your taxes. House Democrats unveiled a proposed slate of tax hikes this week that would raise rates on high earners, corporations, and even small businesses in what they said was an effort to pay…
    Mitch Kokai, September 16, 2021
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    House Tax Proposal Deals More With Revenge Than Revenue

    Editors at National Review Online critique the latest tax proposal from U.S. House Speaker Nancy Pelosi and her Democratic colleagues. House Democrats have put forward a worst-of-both-worlds tax proposal: punishing enough to do real damage to the U.S. economy and individual households, but not nearly enough to pay…
    Mitch Kokai, September 16, 2021
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    Democrats Want Big-Time Spending While Skipping Out on the Bill

    Rich Lowry of National Review Online reminds us that Democrats can’t stomach paying for their ambitious plans. The House Ways and Means Committee released an outline of tax proposals to offset President Biden’s jaw-dropping spending plans, and it’s the expected assortment of tax increases on business and the…
    Mitch Kokai, September 15, 2021