Mitt Romney, the 1% and taxes. Jan 20, 2012 WSJ Mitt Romney’s disclosure this week that his effective federal tax rate is “probably closer to the 15% rate than anything” has created the predictable political uproar. The White House and its media allies figure they’ve now got their stereotype of the Monopoly man, albeit without [...]

Posted 01/18/2012 06:47 PM ET  Taxes: Mitt Romney’s admission that his effective tax rate is around 15% prompted the usual class warfare rage from the left. But it also prompted news reports to repeat several myths about the country’s income tax code. As CNN put it in the first paragraph of its story, Romney’s 15% [...]

Jan 6, 2012 (AP) WASHINGTON – People and businesses underpaid their taxes by an estimated 17 percent in the most recent year studied, failing to send the government a massive $450 billion that it was owed, according to an Internal Revenue Service report released Friday.  The study covered 2006, the most recent data the IRS said [...]

Congress is scheming to export IRS meddling overseas By THE WASHINGTON TIMES The Washington Times Wednesday, January 4, 2012 It’s bad enough that U.S. citizens have to deal with the Internal Revenue Service and its incomprehensible rules, but Congress is about to export much of this bureaucracy overseas. In the name of taxing away a [...]

The U.S. is the only developed nation in the world that taxes its citizens on income they earn abroad. Jan 3,2012 WSJ By WILLIAM MCGURN This new year, spare a thought for that most underappreciated class of citizen: American expatriates. In a world where 95% of consumers live outside our borders, Americans working abroad serve [...]

By David Pietrusza Published December 30, 2011 FoxNews.com America no longer enjoys a peacetime economy. I speak not of Iraq or of Afghanistan. I speak of the class warfare economy officially imposed on the nation in Barack Obama’s Osawatomie speech. I say “officially” because this speech is merely a logically outgrowth of Obama’s long-held redistributionist [...]

How did Republicans manage to lose the tax issue to Obama? Dec 21, 2011 WSJ GOP Senate leader Mitch McConnell famously said a year ago that his main task in the 112th Congress was to make sure that President Obama would not be re-elected. Given how he and House Speaker John Boehner have handled the [...]

A lesson in big business tax favoritism in Illinois. Dec 20, 2011 WSJ Or at least they love them if they are big businesses threatening to flee higher taxes. That’s the story in Illinois, where last week the Democrats who run the state government ladled out $85 million in tax relief to the Chicago Board [...]

Posted 12/19/2011 06:57 PM ET  Taxation: Democrats are furious at a GOP revolt against their agreement to extend a middle-class payroll tax cut — for two whole months. Call it a “parking meter” tax cut. Ronald Reagan and George W. Bush coasted to re-election as president in no small measure because both cut taxes across [...]

By T. J. McCormack Published December 16, 2011 FoxNews.com A study by the New York City Independent Budget Office was released this week, and you didn’t hear much about it in the mainstream media because it hurts their candidate’s message. Keep in mind, I’m your Conservative Everyman. I’m no economist, nor am I a political [...]