Taxes (page 224)

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    Cain’s 9-9-9 plan a stepping stone toward the FairTax?

    The latest Bloomberg Businessweek suggests that Republican presidential candidate Herman Cain’s signature tax plan — 9 percent taxes on personal and corporate income, as well as sales — is designed to be a temporary measure. Vows Cain at hermancain.com: “Amidst a backdrop of the…
    Mitch Kokai, October 28, 2011
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    William Niskanen (1933-2011) discussed government’s inability to keep its promises … before the financial crisis

    Longtime Cato Institute chairman William Niskanen died this week after a massive stroke that followed a September heart surgery. In 2008, the last year of his chairmanship at Cato, Niskanen delivered the annual Pope Lecture at N.C. State University. He also granted an interview with Carolina…
    Mitch Kokai, October 27, 2011
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    Taking on a contemporary liberal (collectivist) over taxation

    Yesterday, I had the opportunity to debate John Scott of the University of North Carolina on tax policy, with all aspects on the table. He carried the "liberal" banner, while I was the "conservative." To be more precise, however, I represented classical liberal and libertarian views, and the contrast was stark. Introductions (two minutes): [audio:http://bit.ly/vGD4xG] My opening argument (15 minutes): [audio:http://bit.ly/uKTfHM] My desire was to bring to people's minds the moral implications of voting to redistribute other people's money, since that violates their right to property. I also sought to call their attention to the underlying force involved in taxation (and all government activity, for that matter)—that if you don't pay, the guns will come out.
    Fergus Hodgson, October 27, 2011
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    Quarter Cent Sales Tax = Support for Durham Schools

    According to a flyer downloaded from the Durham Public Schools website, “Quarter Cent Sales Tax = Support for Durham Schools.”  You can guess what a vote against the tax increase means! FYI: § 115C?46.1. Limitation on the use of public funds. A local board…
    Terry Stoops, October 27, 2011
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    Montgomery County Schools promote sales tax

    On their website, Montgomery County school officials call the proposed sales tax “An Investment in Education.”  Should school district resources be used in this effort? FYI: § 115C?46.1. Limitation on the use of public funds. A local board of education shall not…
    Terry Stoops, October 27, 2011
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    Orange County: Sales tax advocacy?

    Does Orange County cross the line into advocacy when they produce videos like this?…
    Terry Stoops, October 27, 2011
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    Cato’s Tanner notes Obama’s misunderstanding of economic inequality

    Michael Tanner of the Cato Institute details for National Review Online readers some inconvenient truths about the “rich” in America. According to data just released by the Tax Foundation, the top 1 percent of the wealthiest Americans earned 16.9 percent of all adjusted gross…
    Mitch Kokai, October 26, 2011
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    Cain’s 9-9-9 plan gets some praise from an unlikely source

    Fareed Zakaria, not known for his rabid right-wing tendencies, has some nice things to say in the latest TIME about Herman Cain’s tax plan. I am going to defend not Cain’s specific policy proposals but their general thrust. His plan is sloppy…
    Mitch Kokai, October 24, 2011