Category: Taxation
Cronyism in the tax code
How tax law is formed: “If you really want to understand the nature of our tax code, don’t ask yourself ‘Why are these provisions in the public interest?’ That’s not how taxes are passed. Ask yourself ‘Who benefits from these taxes, and how much political power do they have?'”
Brownback, Moran wrong on wind tax credits
Kansas Governor Sam Brownback and U.S. Senator Jerry Moran of Kansas are mistaken regarding the economic effect of tax credits that benefit the wind power industry.
Wichita turns taxation over to private interests
In a free society with a limited government, taxation should be restricted to being a way for government to raise funds to pay for services that all people benefit from. But in the city of Wichita, taxation for private gain is overtaking our city.
Pompeo to introduce ‘Energy Freedom and Economic Prosperity Act’
U. S. Representative Mike Pompeo of Wichita plans to introduce the “Energy Freedom and Economic Prosperity Act,” a bill that would eliminate all tax credits related to energy.
Warren Buffet’s secretary: marginal vs. average, Hauser’s Law
Some of the confusion surrounding Warren Buffet’s secretary and her taxes comes from the failure to distinguish between average and marginal tax rates. Then, there’s Buffet’s tax-avoiding behavior, which illustrates Hauser’s Law.
Huffington Post says ‘tax it all.’ Seriously.
The Huffington Post says taxing 100 percent of the income of the top one percent of earners would cure the deficit.
Flentje: Align taxation with spending
H. Edward Flentje of Wichita State University says that we should seek to align government spending with taxation.