New proposed tax plans are DOA
Posted under Republican Opinions on November 7th, 2011 by Bruce Morlan
Well, it’s the silly season again, and candidates are scrambling all over each other to get their tax simplification plans in place. Governor Rick Perry, for example, proposes a simple 20% flat rate (NYTimes, 5 Nov 2011), which is most assuredly a part of a secret jobs creation program for editorial cartoonists. Cain’s 9-9-9 plan [...]
The real cost of tax loopholes
Posted under Republican Opinions on June 23rd, 2011 by Bruce Morlan
There is a whisper of discontent in the party as those who want lower taxes at any price struggle with those who want the government to stop picking the winners in the economic world of free markets. The former group thinks that if we reduce reduce revenues by granting special breaks to selected taxpayers we [...]
Tax “expenditures”
Posted under Conservative Links,News,Republican Opinions on February 9th, 2011 by Bruce Morlan
I read in Politics in Minnesota that, with respect to tax expenditures, Ortman’s counterpart in the House, Taxes Chair Greg Davids, threw cold water on that idea [eliminating tax breaks] Tuesday, declaring that “getting rid of tax expenditures is a tax increase.” His comments came after his committee considered a round of new tax expenditures [...]