OrthodoxNet.com Blog

Acton.org | Samuel Gregg | Mar. 5, 2008

Everywhere, it seems, tax is in the news. At least two U.S. presidential candidates have signaled their intention to raise taxes on higher-income earners and specifically target oil companies if they are elected.

In Venezuela, Hugo Chavez is threatening to heavily tax any food company making “excessive profits” — whatever that means — as his “21st century socialist” economy falters in its ability to perform even basic tasks such as feeding Venezuelans. Continue Reading »

Most formerly communist countries are adopting capitalistic and fair Flat Tax systems, while the US continues with its socialist, unfair, and punitive Tax scheme.
Heritage Foundation | Daniel J. Mitchell, Ph.D. | Mar. 20, 2006

Thanks to globalization, many nations are adopting better tax policies. Certain politicians still believe in high tax rates, of course, but they feel compelled to move in the opposite direction since it is now increasingly easy for labor and capital to escape oppressive tax regimes by crossing national borders.

This is why so many nations had to lower personal income tax rates after the Thatcher and Reagan rate reductions – and why many nations have been lowering tax rates on business in response to Ireland’s incredibly successful 12.5 per cent corporate tax. They know the geese that lay the golden eggs will fly away if they impose bad tax law. Continue Reading »

Investor’s Business Daily | Larry Elder | Feb. 8, 2008

Some suggestions for the next Democratic debate moderator:

1. Sen. Clinton, you oppose the Bush tax cuts because they unfairly benefit the rich. Since the top 1% of taxpayers — those making more than $364,000 annually — pay 39% of all federal income taxes, don’t all across-the-board tax cuts, by definition, “unfairly” benefit the rich? Continue Reading »

FrontPage Mag | Tom Purcell | Feb. 5, 2008

Rudy’s gone, and now I’m really depressed. It’s winter, you see, a rough time for the self-employed. It’s rough because our 1099s arrive in the mail.

My 1099s always add up to more than I thought they would — my taxes will be higher than I expected, and that depresses me. And because I’ll have to organize hundreds of receipts that I keep in a giant box — a task that will take countless hours — I get even more depressed. Continue Reading »

Human Events | Mark Skousen | Jan. 22, 2008

Anytime the government gives money back to the people, it’s a good thing, so I have no qualms about President Bush’s tax rebate of $800 per taxpayer, or $1,600 per couple. He ought to recommend it every year, not just when a recession threatens. Continue Reading »