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.
The IRS May Soon Audit Even More Black Taxpayers
Thanks to Democrats' IRS expansion, even more black taxpayers may be audited by the IRS.
Weed and Greed: How Marijuana Taxation Went Up in Smoke
Greedy politicians always push for high tax rates, which leads to gaming the system or illegal activity. Greed leads to more greed, and especially with weed.
Note to the Wall Street Journal: Republicans Aren't Raising Taxes
Republicans want to cut certain clean energy subsidies, which were increased or extended under Democrats.
When Is Income Not Income?
The Washington state legislature and supreme court are ignoring the plain language of the state's constitution in order to impose a virtue-signaling capital gains tax on the wealthy.
The Unconstitutional, Unjust, and Destructive Tax on Unrealized Capital Gains
Biden's tax on unrealized capital gains joins my growing list of the worst tax proposals.
Tariffs: The Most Insidious Tax of All
Trump's tariffs, which Biden has retained, have cost Americans—not other countries—billions of dollars.
Trump's Tariffs Swelled the Swamp
Trump's tariffs, which Biden has retained, have cost Americans—not other countries—billions of dollars.
The Worst of the Biden Tax Increases
There are a number of candidates for the title of "Worst Tax Increases" in Biden's new tax proposals. Here's my two worst options.
With Biden, a Foot in the Door Always Leads to Barging In
Biden uses every new tax and regulation, regardless of how small, as a stepping stone to soon demand even more.
Stock Buybacks are Good, Not Bad
Despite Democratic criticisms, there are good economic reasons why some companies choose to buy back their own stocks.
Total Records: 646
