One of President Donald Trump’s tax policy wishlist items is receiving support from some Democratic lawmakers – but with a …
Tax Day Humor
April 15, 2025 by Dan Mitchell I realize that I should be writing about a serious topic on April 15, such …
Trump’s Tax Cuts Benefited The Middle-Class And That Is Why Extending Them Is Wildly Popular
President Donald Trump’s approach to economic growth relies on a multifaceted approach that includes reducing wasteful federal spending, placing tariffs …
Trump’s dream tax policy covers entire middle class
President Donald Trump is considering a new tax policy where individuals earning less than $150,000 annually might not have to …
Would Trump really ax the tax?
Former President Donald J. Trump has spent much of the presidential campaign brainstorming new, and sometimes untested, ways to cut …
Kamala’s proposed tax on unrealized capital gains would be unwise, harmful, and unconstitutional…
…and obliterate the economy Harris' Unrealized Gains Tax Would Obliterate The U.S. Economy https://t.co/aPNwfxJhZY — zerohedge (@zerohedge) August 20, 2024 …
Harris’s predicted Tax Plan has these investors in its bullseye
The Real Estate CPA – Nate Sosa, CPA, MST and their team reviewed Kamala Harris’s tax policies. She will raise …
Biden tax hikes mean three‐quarters of the states to face tax rates above 49%
Top Tax Rates Are Already on Wrong Side of Laffer Curve in at Least Ten States Under President Biden’s proposed …
Tax Day Humor
I used to write serious columns every April 15, but that’s too depressing. This decade (2021, 2022, 2023), I switched to sharing tax humor to commemorate the …
Direct E-File Program No One Asked for Is Simply a Way to Expand IRS
As the Internal Revenue Service (IRS) launched pilot programs throughout the U.S. for an unauthorized direct e-file program, Ways and …
Tax-Cartel Crowd Now Wants Global Wealth Tax
When I give speeches about the global fight between tax competition and tax harmonization, especially when speaking in jurisdictions with good tax policy, …
Ronald Reagan must be turning in his grave. His favorite economic theory is destroying his favorite state.
The Laffer Curve’s Latest Victim: California The Laffer Curve is the common-sense notion that people respond to incentives. And even Paul Krugman admits this …
Find Out Which 2024 Tax Bracket You’re In—and Why Rates Are So High
The IRS released new federal income tax brackets last week. Though marginal tax rates did not change, federal law requires the …
IRS Funding Increase will catch more middle-class Americans in its dragnet.
The IRS released its strategic operating plan on April 6, describing its intentions for spending the nearly $80 billion of supplemental funding …
WHAT IF YOUR TAXES TOOK … 15 MINUTES?
What if Tax Day didn’t have to be a hassle? You may not want to hear this, but in many …
IRS: Many Americans Will See Smaller Tax Refunds This Year
The IRS has warned that many taxpayers should expect a smaller refund this tax season because of tax law changes …
Government and Baseball
by Dan Mitchell You can actually learn a lot about sensible tax policy by looking at the behavior of professional athletes and sports franchises. Simply …
In the United States, Where are Middle Class Taxpayers Treated the Best…and the Worst?
by Dan Mitchell I regularly share reports that measure how states rank for economic policy. Economic Freedom of North America Freedom …
Tax Policy, Tax Reform, and State Competitiveness
by Dan MitchellI wrote two months ago about Iowa lawmakers voting for a simple and fair flat tax. I explained how …
Your Tax Dollars at Work: Afghanistan Army Training Jumping Jacks.
Just in case you wondered what we achieved in twenty years of training the Afghanistan military. It’s interesting that the …
Sanders Border Carbon Tax is all pain and no gain for Americans
Americans for Prosperity (AFP) urged lawmakers to reject a border carbon tax, which some are looking to include in Sen. …
The History of the Income Tax in Just Seven Minutes
by Dan Mitchell I recently explained the evolution of taxation – and the unfortunate consequences of income taxation – to a seminar in the country …
IRS changes mind after good kicking from conservative law makers
IRS changes course after Sen. Lee and Rep. Owens of Utah send letter on religious liberty After a June letter to …
These 9 States Are Cutting Income Taxes to Boost Their Recovery
Forget “stimulus” spending, these states are showing us a way local governments can actually boost their economies. Finally, some good …
Tax Migration – Where’s Your State?
By Dan Mitchell The bad news is that federalism has declined in the United States as politicians in Washington have expanded the size and scope …
Here Are the 10 States Where Residents Pay the Highest Lifetime Taxes
The numbers vary wildly from state to state—including a few states that will surprise you. In the mood for a …
The Tax Poem
Tax his land, Tax his bed, Tax the table,At which he’s fed.Tax his tractor, Tax his mule, Teach him taxesAre …
Are Tax Increases Popular?
by Dan Mitchell Tax increases are bad fiscal policy, but that doesn’t necessarily mean that they are politically unpopular. Indeed, many voices in …
A Practical Reason to Oppose Wealth Taxation
by Dan Mitchell As an economist, I strongly oppose the wealth tax (as well as other forms of double taxation) because it’s foolish to …
These States Will Pay You to Move. Does That Strategy Make Sense?
This year, state relocation incentives are striking closer to home. Once the near-exclusive domain of economic development offices seeking to …