Medical device tax: “less innovation, fewer jobs, & and fewer lives saved,” says ZOLL Medical president
Another reason to fight against ObamaCare. Continue reading
Memo to Justice Kagan: Taxes Are Coercive
Apparently Justice Elena Kagan is oblivious to the obvious fact that taxes are coercive, in that they forcibly take wealth away from the owners of that wealth and give it to others. Continue reading
Penn Pfiffner on the Tax Foundation Podcast Show
With the Proposition 103 tax increase heavily defeated this November, what comes next for Coloradans for low taxes and limited government? Senior fellow Penn Pfiffner was a guest on The Tax Foundation’s podcast show recently to discuss Prop 103’s resounding defeat, the nature of our state budget, government’s role in our lives, and the ongoing […]
NFIB: Health Insurance Tax tax to cost Colorado 2,500 jobs
The National Federation of Independent Business Research Foundation Wednesday released its national study highlighting the private-sector job loss it says will result from the Health Insurance Tax, including 2,500 jobs Colorado by 2021 – 1,300 of them in small businesses. Continue reading
Proposition 103: What is the Cost to Colorado Taxpayers?
Proposition 103 is an initiative that will increase Colorado tax rates and require the state to spend the money on government schools. Prop 103 increases the personal income tax, the corporate income tax, and the statewide sales and use tax for the years 2012 through 2016.
The Fiscal Impact Statement prepared by Colorado’s Legislative Council Staff estimates the cost of the tax increase at $2.9 billion. However, the cost for Colorado taxpayers will be significantly greater than staff estimates. Legislative Council uses static analysis, measuring only the direct impact of the higher taxes on state revenue. They ignore the negative impact the tax increase will have on economic growth and jobs in Colorado.
How health “reform” punishes ambition & increased earnings
More fallout from ObamaCare (HR 3590), reported by Daniel P. Kessler: Consider a wife in a family with $90,000 in income. If she were to earn an additional $3,700, her family would lose the insurance subsidy and be more than $10,000 poorer. In addition, she would also pay more in income and Social Security taxes. […]
Why to retain burdensome 1099 tax-reporting requirement
Taking [the 1099 reporting requirement] off the table risks losing that community’s commitment to the complete defeat of Obamacare. Repealing the 1099 reporting requirement would be a Pyrrhic victory in the struggle against Obamacare — exactly the type of bipartisanship we don’t need.
Charitable Donations vs. Taxes
If you don’t feel comfortable forcing your friend to help someone or donate to a charity, should you vote for a politician, your representative, the empowers government agents to do so? This video illustrates the point.
How Much Does Government Cost You?
Thanks to our friends at the Independent Institute out in Oakland, California, regular folks like us can figure out just how much the government is costing us in direct payments and in lost earnings over our lifetime. From the About Page on the MyGovCost website, The Government Cost Calculator is a unique service from The […]
The Changing Role of Government, 1850 to 2011
A good friend of the Fiscal Policy Center and Free People, Free Markets alumni Tom Ryan has a wonderfully informative organization and website called Reclaiming Moral Government. Tom has created a slide show that displays the changing role of government from 1850 to present day.
Navigating health care bill’s small business tax credit
Do you own a small business, or are you involved in its benefits administration? The new health control bill (HR 3590) has a small business tax credit. But you get it if you satisfy certain criteria, which are a bit complicated to follow. Representative Dave Camp (R-Mich) of the House Ways and Means Committee has […]
Washington Should Reform Itself First
By Barry W. Poulson In a May 12 Denver Post editorial, “Reforming Wall Street is Essential,” President Barack Obama makes the case for Senator Chris Dodd’s financial reform bill (what the president calls “Wall Street reforms”). The president argues that the financial crisis was caused by irresponsible practices on Wall Street, that the Dodd bill […]
