TaxBytes

Instead of engaging in easy demagoguery, Congress should modernize our tax code to reflect the reality of global competition, capital mobility, and the fact that U.S. companies today do the majority of their business overseas.

With a large, powerful, intrusive government, your freedom is only as secure as the virtue of whatever mid-level functionary whose path you are so unfortunate as to cross.

Giving the IRS the power to prepare our taxes for us is not a solution—it will open the door to abuse, overpayment of taxes and would further erode financial privacy.

Based on the Senate budget resolution passed early Saturday morning, we were better off when the Senate didn’t pass budgets.

By showing that they are serious about restraining the growth of government spending, Republicans leaders have made themselves relevant again.

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.

Wasting $850 billion is just fine with the Government Class, but claw back 5 percent of it and it’s a zombie apocalypse—of course, since the federal government funded first responder training for a zombie apocalypse, we should still be okay.

Embrace the sequester as the first meaningful restraint on federal spending in almost twenty years. In fact, let’s start planning the next one.

Unlike typical government meddling in prices, President Obama’s policies always seem designed to make prices higher.

Any politician who can’t stomach the sequester cuts—which aren’t nearly large enough to put us on a sustainable fiscal path—isn’t serious about restraining federal spending. Let the sequester happen.