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We, as voters, are confronted with two distinct theories of taxation in the upcoming election. Our choice will frame our future, so let’s look back for guidance.
We’ve all heard about the estate tax, aka the death tax, which is a tax that the federal government levies when assets are transferred from a deceased person to someone else. So how does the super-rich work within the law to protect their family assets? To be clear, the U.S. tax code is written so…
I recently did a post on the constitutionality of Congress’s plan to mandate that all have insurance or be forced to pay a tax. That post got me thinking about other aspects of Obamacare. One of the key provisions of all bills floating around Congress is that not only must you have insurance, but you also…
We already know from President Obama’s recent infomercial on health care that he wouldn’t dare subject himself or his family to the government health care “option” he is pushing. But, what about Congress? All versions of the health care legislation currently floating around Capitol Hill specifically exempt members of Congress from any requirement to participate. Any…
Not satisfied with the destruction of health care as we know it in this country, Congress is considering a massive new program that is sure to cost us lots of money. The proposal, introduced by Sen. Kennedy (D. Ma.), will put the government into the disability insurance business. Sen. Edward Kennedy plans a new disability-insurance program…