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.
Taxman Eyeing Cable Services
Nearly a half-dozen tax proposals affecting Internet operations are expected to appear on the congressional agenda, with many of them affecting broadband and cable services.
Cable and Satellite Providers Square Off Over Tax Break
Tom Giovanetti testified before state legislators in favor of the tax break for cable customers, saying there was a “gross disparity” in the taxing of satellite and cable. “We want the winners to be determined by who has the best product offerings, not by some historical quirk or glitch in the tax code that no one got around to fixing because it was hard.”
Okay, We Take It Back
Based on the Senate budget resolution passed early Saturday morning, we were better off when the Senate didn’t pass budgets.
Will the IRS Make a Training Video About ObamaCare?
The same IRS that just wasted taxpayer money making insulting “training videos” is getting more power over your lives—thanks to ObamaCare.
Don't Fall for Fool's Gold
The lodestone should be indicating danger—expansive taxation authority because of radically expansive government undermining our Union.
Cyprus Is Just Proposing a More Efficient Way to Steal Taxpayer Money
Cyprus proposes a quick and efficient way to do what President Obama has already done.
Good Policy Is Still Good Politics
By showing that they are serious about restraining the growth of government spending, Republicans leaders have made themselves relevant again.
Coalition Letter 0pposing the Marketplace Fairness Act
How About a Real World Tax Code?
Instead of allowing the IRS to waste billions and become even more oppressive through a Real Time Tax System, Congress should design a Real World Tax Code, which would make both the IRS’s and the taxpayers’ jobs easier.