All Posts Tagged With: "Internal Revenue Code"

Government: More Incompetent than Ever

Most intellectuals support big government, and millions of people depend on it. So why, with thousands of laws, millions of employees working to carry out those laws, and trillions of dollars spent, is it in trouble? The most popular big-government programs–like Social Security, Medicare, and Medicaid–are going broke. These entitlements account for more than half [...]

19Apr2010 | Jim Powell | 1 comment | Continued

New IRS Unit to Target Tax Shelters

“A new Internal Revenue Service unit set up to catch rich tax cheats hiding their wealth in complex business entities is rapidly taking shape with the hiring of hundreds of employees ..The high-wealth unit is focusing on trusts, real estate investments, privately held companies and other business entities controlled by rich individuals.” (Reuters, Friday) Key [...]

14Dec2009 | Mike Van Winkle | 0 comments | Continued

Rule of Law versus Legislative Orders

Webster’s dictionary defines law as all the rules of conduct established and enforced by the authority, legislation, or custom of a given community or group. Why are there laws in the first place? The most apparent answer is, were there not a particular law, some people would not conduct themselves according to the law in [...]

23Oct2009 | Walter E. Williams | 1 comment | Continued

Congressional Generosity

Every now and then we get a glimpse into what government officials really think about our rights to life, liberty, and property. The U.S. Justice Department recently provided such a glimpse in a controversial tax case, Murphy v. IRS. How revealing it is! Did you know that if the government abstains from taxing all your [...]

1Apr2007 | Sheldon Richman | 0 comments | Continued
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