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Posts Tagged ‘income taxes’


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Government Trickle-Down Trickery


Friday December 22nd, 2017   •   Posted by K. Lloyd Billingsley at 11:49am PST   •   0 Comments

The Republicans’ victorious tax bill lowers the corporate rate from 35 to 21 percent but is nothing approaching a flat tax because it retains, count ‘em, seven tax brackets. According to the New York Times it will cut taxes for about 75 percent of filers in 2018, but nobody should consider it a gift….
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Internal Revenue “Service” Surges from Horrible to Mediocre


Monday April 11th, 2016   •   Posted by K. Lloyd Billingsley at 10:47am PDT   •   0 Comments

In recent years the Internal Revenue Service has been targeting groups for extra scrutiny and abuse based on their political views favoring limited government, lower taxes and accountability. According to the President of the United States “there were some boneheaded decisions,” but “not even a smidgen of corruption” was involved. As we noted, IRS…
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Clarity on the Missing Emails


Monday June 30th, 2014   •   Posted by K. Lloyd Billingsley at 7:00am PDT   •   2 Comments

As a showcase for speechmaking and stonewalling, the ongoing hearings on the IRS targeting campaign have generated more heat than light. Fortunately, a few moments of clarity emerged in a June 23 hearing by the House Oversight Committee. Rep. Thomas Massie, an MIT grad, explained the probability of Lois Lerner’s hard drive failing in…
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Why the “Unconscionable” Tax Burden Will Continue


Thursday January 10th, 2013   •   Posted by K. Lloyd Billingsley at 11:44am PST   •   3 Comments

The U.S. tax code places a “significant, even unconscionable burden” on taxpayers and needs to be completely overhauled. That is the view of Nina E. Olson, national taxpayer advocate with the Internal Revenue Service, as she explained to Congress on January 9. The code is so complicated, that individuals and business have to spend…
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The Government Gospel of Greed


Monday November 5th, 2012   •   Posted by K. Lloyd Billingsley at 11:42am PST   •   3 Comments

As this column shows, government waste, fraud and abuse is rampant at all levels. Seldom, however, has any politician attempted to give divine sanction to government greed in the style of California Governor Jerry Brown, who once wanted a California space program and recently signed off on a $68 billion railroad train. The former…
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Obama’s 2012 Budget: $1.5 Trillion in New Taxes Over Ten Years?


Thursday February 17th, 2011   •   Posted by David Theroux at 12:18am PST   •   3 Comments

Ryan Ellis from Americans for Tax Reform reports that President Obama’s proposed budget for fiscal year 2012 will create $1.5 trillion in new taxes over the next ten years. President Obama released his budget this morning. Rather than focusing on Washington’s over-spending problem, the budget calls for higher taxes on families and small businesses…
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