Tag: Taxes
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Remote work proves the income tax is obsolete and should be abolished
COVID-19 has killed a lot of things. I hope it kills the income tax… at least at the state and local levels. Let’s say you live in Waterloo, Iowa and work from your home for a company in Manhattan. To what government entity do you owe income tax? New York City and New York State…
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New York Times preys on American ignorance on business and tax law
The New York Times’ is misleading the public on President Trump’s tax returns because the editors know most Americans know nothing about how business works and how tax law works. If you have ever owned a business or was at least in control of a business you would know that everything the NYT is “exposing”…
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The relevance and prescience of “Free to Choose”
I just finished Milton Friedman’s book “Free to Choose”. This book was published back in 1979 when the country went through one of the worst recessions since the Great Depression (Seems to keep happening doesn’t it?). Comically Friedman had the opinion that socialism had been adequately relegated as a failed ideology but what he failed…