tax day

Income taxes were just due, and I hope that filing this year wasn’t too painful. 

The Supreme Court is currently considering South Dakota v Wayfair, A case debating whether or not state and municipal governments can collect their respective sales taxes.

Why have prices fallen so low? Because government subsidies created a glut – and the market is flooded. This government money warps and distorts the marketplace – as otherwise productively-directed time and effort is instead spent chasing the government coin. Producers produce not what the marketplace needs – but for what the government pays.

As many as 6 million people are facing higher taxes today because they decided the insurance offered to them under the Affordable Care Act was not worth the price, even after government subsidies. Another 3.4 million people will pay higher taxes because they failed to accurately predict their income when they obtained their insurance.

On April 15, nearly 90 percent of American adults filed their income tax returns for the 2013 tax year. And at the end of that day, I finished drinking a glass of truly tremendous bourbon; 130 proof seems appropriate to numb the pain.

It’s Tax Day in America. Which brings to mind one of the late, great Ronald Reagan’s many great lines: “Republicans believe every day is the Fourth of July, but the Democrats believe every day is April 15.”

Every year, April 15 is tax day. The morning’s news shows featured last minute tax tips and other tax-related information. A new poll was discussed. When asked: “Thinking about paying…

My enduring question for progressives is one they typically avoid answering, especially those holding elected office: In your perfect world, where, exactly, would you position the top rate?