Although at first glance Nebraska’s tax system may appear competitive nationally, it lags behind its regional neighbors, who are its primary competitors for attracting new businesses to the state.
As a longtime book reviewer, I have read a growing stack of books warning about a financial collapse, but Holland’s book is not only based in the actual debt, but is written in a manner that even a person who has no knowledge of this issue can understand.
Dan Pilla, author of the Heartland-published Ten Principles of Federal Tax Policy, discusses the current tax system in the United States and how it does not follow any of the ten principles laid out in his book. Pilla is a taxpayer’s rights advocate and has defended countless tax payers against the IRS. He helps individuals and businesses who struggle with our tax problems, which are plentiful.
Illinois may have only one opportunity to get pension reform right, and this proposal is not it. More than likely, this proposal will set back the true fundamental pension reform that is required to protect taxpayers from further tax hikes, give public employees more job flexibility, and put Illinois on a sustainable fiscal path.
Once one properly understands wealth, it makes absolutely no sense for governments, churches, or other institutions to think they can make the world or the country better off by confiscating wealth from some people and giving it to others.
Raise fuel taxes. End diversions of highway funds. Charge a road fee for owners of hybrid and electric cars. Leverage existing federal programs to involve private companies to address highway needs. These all would be better solutions than the hidden and privacy-violating VMT.
The clock is ticking. Hopefully politics won’t impede the way forward until such a time when this nation can no longer be rescued from it self-imposed downfall, precipitated by an all-powerful, reckless government whose goal it is to please what has become a nation of greedy, government-dependent Americans.