Archives for January 2012

Super-Pacs, Citizens United and the Role of Supreme Court Justices

Super-Pacs, Citizens United and the Role of Supreme Court Justices

I winced this morning when former Pennsylvania Governor, Democrat Ed Rendell, said that he hoped the Supreme Court majority that had decided the Citizens United case was paying close attention to the corrosive influence of super-pacs in the Republican primary.¹ Mr….

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Taxpayer Advocate Nina Olson’s Starts Blog

Taxpayer Advocate Nina Olson’s Starts Blog

My favorite IRS employee has started a blog. Paul Caron reports: National Taxpayer Advocate Nina Olson has started a blog: Welcome to the National Taxpayer Advocate’s blog about taxpayer  rights and taxpayer burden. For starters,…

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Hayek on the Dangers of Socialism

Hayek on the Dangers of Socialism

You can put this post in the thick file labeled “why I favor small government and oppose high taxation.” F.A. Hayek tells us why socialism (i.e. central planning) inevitably leads to totalitarianism (emphasis is mine): Planning leads to…

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Buffett Rule Irony: Tax Won’t Apply to Warren Buffett

Buffett Rule Irony: Tax Won’t Apply to Warren Buffett

By way of Paul Caron, the WSJ reports that the Buffett Rule, if enacted, won’t apply to its namesake: Wall Street Journal, Will Buffett Avoid the Buffett Rule? The Sage of Omaha Is Already Positioned…

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Warren Buffett Deserves to Pay Taxes at a Lower Rate than his Secretary

Warren Buffett Deserves to Pay Taxes at a Lower Rate than his Secretary

Please bear with me on this one. If Warren Buffett really does pay taxes at a lower rate than his secretary does, it is a fairer result than if he paid taxes at a higher rate.¹ Here’s why:…

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