Loading

Congress Made It Easier to Avoid the Taxman

Surprisingly, Congress has made it easier to avoid the IRS. The Legislative Branch has done so by slashing the department's budget relative to the cost of inflation. In total, IRS appropriations have decreased by 20%…

Capital Gains Proposal Could Change Everything

Supporters of the president believe the Trump administration should index the capital gains tax to inflation, calling it a pro-growth move. (Washington Post) It is wrong to tax inflation. Last week, President Trump agreed. He…