Tag: Tax cuts

Understanding Taxes

Suppose that every day, ten men go out for dinner and the bill for all ten comes to $100. If they paid their bill the way we pay our taxes, it would go something like this: The first four men (the poorest) would pay nothing. The fifth would pay $1. The sixth would pay $3. […]

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Put Your Money where your mouth is!

“Rep[resentative] [John] Campbell has introduced the Put Your Money Where Your Mouth Is Act, which would amend current tax forms to include a line allowing individuals to make additional contributions to the Treasury, above and beyond their actual tax obligations.” (LVRJ – 12Apr08) I think this is a great bill!  It is not yet on […]

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Tax cuts vs. tax rebates

With everyone concerned about a recession (which we are not in), some in Washington have started talking about what the government should do to help strength the economy. Brian M. Riedl wrote a great article in today’s Washington Times entitled Tax cuts vs. tax rebates. “With slower economic growth raising fears of a recession, Washington […]

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