Tag Archives: double-taxation

The Lee-Rubio Tax Plan: Can We Find the Road to Real Tax Reform?

Even though the Plan proposes many significant changes to the income tax, these changes are not such to make the Plan a serious income-tax reform proposal. The Plan’s retention and addition of new tax breaks would leave the tax base too narrow to permit a simple, efficient, and low-rate income tax. The Plan even seems oblivious to the corrosive effect which embedded tax breaks have upon the integrity of an income tax system. Like graffiti, they beacon the addition of more tax breaks, fueled by high tax rates giving them value. Continue reading

Posted in 2016 Presidential Campaign, FreedomTax, News and Analysis, Tax Reform, Taxation Tagged , , , , , , , |

Obama’s Tax Hikes Threaten Middle Class Family Advancement

I worked for several years in my first wife’s family business started by her father. It was an enterprise that spanned generations, as all his children were involved in running the operation. The left’s idea of inheritance is that there is no connection between…

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Conservatives introduce “TEA” highway bill that scraps federal program, but pushes tolls, P3s, & transit boondoggles

While Graves, Lee and Rubio may believe they’re offloading their federal gas tax revenue problem to the states, in reality, they’re seeking to compound the problem 50-fold; the states aren’t any better than the feds on transportation funding. We should not be encouraging more tolling of any kind, whether at the federal or state level. Tolls are a tax. The principle of “pay-as-you-go”…

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Posted in Homepage Column Two Row Three, News and Analysis, Taxation, Transportation Tagged , , , , , , , , , , , , , |

Texas toll agency breaking the law to stay solvent, seeks sweeping new powers

“This is a clean-up bill,” spouted the North Texas Tollway Authority’s (NTTA) bond counsel, Frank Stevenson II, one of the agency’s ‘legacy contractors,’ Locke Lord, LLP, who crafted House Bill 2247 that grants the authority expansive new powers.

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