Posts Tagged ‘Income Tax’
Posted by Jason on April 28th, 2009 under Government Spending, Taxes, budget Tags: California, Income Tax, Sales tax •
1 Comment
I voted today. California politicians have the best job ever. They get paid to do nothing. They hand their job over to the people to make the budgeting decisions for them. I read the ballot last night and was annoyed at how poorly worded the initiatives were. Had I not done additional research, I probably [...]
Posted by Taylor on April 17th, 2009 under Democrat, Economics, Healthcare, Obama Tags: fair share, Government Spending, Healthcare, Income Tax, Obama, tea party •
3 Comments
Here are a couple of issues that I have with Obama’s “the rich need to pay their fair share of taxes” crusade.
First, higher tax rates don’t necessarily translate to more tax revenue. See my earlier post.
Second, here’s a little perspective on the “fairness” of our tax system in recent years. The top 10% (those who make [...]
Posted by Jason on March 10th, 2009 under Economics, Investing, Taxes Tags: Consumption tax, Income Tax, IRS, Tim Geitner •
4 Comments
On my last post, the question was raised about how I would change the tax system since I don’t like the “progressive” system we currently have in place. My solution is a national consumption tax and removal of the federal and state income taxes. I believe taxes distort behaviors and can be used to reduce or [...]
Posted by Mark on December 3rd, 2008 under Economics, Taxes Tags: Gas, Gas Tax, Income Tax, Taxes •
8 Comments
Yesterday Jason posted about raising the tax on gas by $1.00/gallon. His reason was that the increased tax would be invested by the government in developing alternative fuels and offering incentives for consumers to go green. That is one option. I propose a different option.
Obama keeps talking about cutting taxes for the poor and raising [...]