Tag Archive for tax

Amnesty Tax Giveaway Will Cost $2 Billion

illegal_immigrants

By now you’ve probably heard that the IRS plans to allow amnestied illegal immigrants to receive up to three years worth of retroactive Earned Income Tax Credits. Basically it will just be a big transfer of wealth from American taxpayers to people…

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How Minimum Wage Hikes Tax The Poor

Walmart_exterior

In a Wall Street Journal op-ed economics professor Thomas MaCurdy lays out the case against a government-mandated minimum wage increase. He likened it to a value added tax where the tax rate increases as family income level declines while the…

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Oops! HHS Screwed Up 800,000 Obamacare Tax Forms

Obamacare

The Obamacare debacle continues. Today it’s the news that the Department of Health and Human Services screwed up the tax forms for 800,000 Obamacare enrollees. About 800,000 people received tax forms from the IRS with incorrect information about their Obamacare…

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