Tag Archive for tax

Amnesty Tax Giveaway Will Cost $2 Billion


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…


How Minimum Wage Hikes Tax The Poor


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…