Taxes directly affect Americans by compelling them to surrender part of their income to the government, and indirectly since the taxing power can positively or negatively affect economic growth.
In the U.S., our tax regimes are in serious need for reform, both at the state and federal level. Our tax code fails to sufficiently incentivize investment, the primary driver of economic growth. And it hobbles U.S. companies as they compete internationally.
IPI believes that the purpose of taxes is to raise the revenue necessary to fund the legitimate functions of government while imposing the least possible impact upon the functioning of the economy. We therefore believe that taxes should be simple, transparent, neutral, territorial and competitive.
Because of its tremendous potential to stimulate real long-term economic growth, tax reform should be a top priority of policymakers.
It's Impossible to Accurately Tax an Unrealized Gain
Democrats in Congress don’t seem to realize that it’s impossible to accurately tax an unrealized gain, because real value is determined by market transactions convening a willing buyer and a willing seller. Without a transaction, the value of the taxed asset would be determined arbitrarily, and by whom?
Attack of the Killer Taxes
Tis the season for cute little monsters going door to door seeking treats, and bad Washington-created monsters going bank account to bank account seeking to devour wealth.
Takeaways from Giveaways
Democrats hope that their massive federal spending spree would buy them votes. But it looks like all they're buying is voter anger.
Coalition Letter Opposing IRS Financial Reporting Requirement
Caolition letter in opposition to the proposed new reporting regime to have the IRS collect the account inflows and outflows for bank, loan, and investment accounts as well as Venmo, CashApp, and PayPal accounts.
Raising Taxes on the Most Disadvantaged Americans
The lower your household income, the more likely you are to be a smoker. Doubling the tax on cigarettes suggests Democrats aren’t quite as concerned about economic disparities and equity as they claim.
Democrats' Plan to Tax the Poor
If you are a cigarette smoker, you are likely a low-income, poorly educated member of a minority community—and the Democrats want to raise your taxes.
The $3.5 Trillion Tax and Spending Proposal Will Hurt the Economy and Our Politics
You shouldn’t be able to ram through massive policy changes without a solid mandate from the voters, which Democrats definitely do not have.
Federal Funds Always Come with Strings Attached--Eventually
If you don't want the federal government telling you what to do, cut federal taxes so the feds don't have the funds to bribe you.
The Very Convenient and Entirely Coincidental Tax Gap Report
The “tax gap” is an exaggerated excuse to further empower the IRS and to erode the personal financial privacy of American taxpayers.
Biden's Domestic Policy Failures Are Mounting, Too
It’s not just the withdrawal from Afghanistan. Many of President Biden’s domestic policy efforts have become a mismanaged mess.
Total Records: 646
