All Posts Tagged With: "federal budget deficit"
Confession of a Compliant Taxpayer
I’m afraid of the IRS, so I always pay at least as much, and probably more, than I owe in federal taxes. I confess this with apologies to my fellow taxpayers, particularly those who don’t do as I do. You have all heard, and most of you believe, that honest taxpayers are victimized by tax [...]
1Mar1997 | Dwight R. Lee | 1 comment | ContinuedBalancing the Budget
It is difficult to deceive other people without their finding out. It is well nigh impossible for politicians to deceive the people who have been beguiled and disappointed innumerable times. Yet, some federal politicos do not easily break the habit. They want us to believe that the annual budget deficits are declining although the national [...]
1Mar1997 | Hans F. Sennholz | 7 comments | ContinuedCutting Marginal Tax Rates: Evidence from the 1920s
Dr. Smiley teaches at Marquette University. Recent political debates have raised the issue of adopting a flat marginal rate federal income tax. Though the marginal rate would be flat, the addition of a generous personal exemption would make the average personal income tax rate rise as it approached the fixed marginal rate of, say, 17 [...]
1Oct1996 | Gene Smiley | 2 comments | Continued-
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