– War on Taxes: 1964 to 2011 – By: Larry Walker, Jr. – “The largest single barrier to full employment of our manpower and resources and to a higher rate of economic growth is the unrealistically heavy drag of federal income taxes on private purchasing power, initiative and incentive.” ~John F. Kennedy, Jan. 24, 1963, … Continue reading Taxing the Rich – 1765 to 2011, Part III
– War and Taxes: 1873 to 1963 – By: Larry Walker, Jr. – “A wise and frugal government, which shall leave men free to regulate their own pursuits of industry and improvement, and shall not take from the mouth of labor the bread it has earned – this is the sum of good government.“ ~Thomas … Continue reading Taxing the Rich – 1765 to 2011, Part II
– War and Taxes: 1765 to 1872 – By: Larry Walker, Jr. – “There is a limit to the taxing power of a State beyond which increased rates produce decreased revenue. If that be exceeded intangible securities and other personal property become driven out of its jurisdiction, industry cannot meet its less burdened competitors, and … Continue reading Taxing the Rich – 1765 to 2011, Part I
The Fiscal Responsibility Cliff – By: Larry Walker – When I went to work for the IRS back in 1988, the first few weeks were spent in tax law courses. I distinctly remember, at the time, that the base amounts used in determining the taxability of Social Security benefits were $25,000 for single taxpayers and … Continue reading Taxing Social Security Taxes
Tax Statistics of the Truly Wealthy By: Larry Walker, Jr. “Freedom is not an empty sound; it is not an abstract idea; it is not a thing that nobody can feel. It means, — and it means nothing else, — the full and quiet enjoyment of your own property. If you have not this, if … Continue reading Obama’s Ersatz Rich | The Top 400
:: Obama’s Loot-and-Plunder Theory on Social Benefits – By: Larry Walker, Jr.- Under Barack Obama’s economic theory, better known as Loot-and-Plunder Economics, income tax rates will necessarily skyrocket, perhaps by as much as 50% across-the-board. If you don’t believe it, just look at the facts and figures. For example, as of FY 2011, annual outlays … Continue reading Talk about Fairy Dust and Snake Oil!
Private Equity vs. Government Redistribution – By: Larry Walker, Jr. – “A farmer went out to sow his seed. As he was scattering the seed, some fell along the path, and the birds came and ate it up. Some fell on rocky places, where it did not have much soil. It sprang up quickly, because … Continue reading Obama’s Economic Reduction Plan
Lower Rates Across The Board :: By: Larry Walker, II :: Here’s an excerpt from Donald Trump’s Tax Plan which may be found on his official website http://www.donaldjtrump.com : TAX REFORM THAT WILL MAKE AMERICA GREAT AGAIN The Goals of Donald J. Trump’s Tax Plan Too few Americans are working, too many jobs have been … Continue reading Trump’s Dynamic Tax Policy
Placing Principles before Personalities :: Every time in this century we’ve lowered the tax rates across the board, on employment, on saving, investment and risk-taking in this economy, revenues went up, not down. ~ Jack Kemp :: By: Larry Walker, II :: Dr. Ben Carson doesn’t really have a tax plan at all, yet he’s … Continue reading 2016 Conservative Tax Plans: Trump vs. Carson
Content of Character :: According to a report released by the Tax Foundation, an effective federal tax rate of 14.0% is higher than what 97 percent of Americans pay. – By: Larry Walker, Jr. – And according to The Tax Policy Center, the average effective federal tax rate for all Americans, as a percentage of … Continue reading Real Effective Tax Rates | Romney’s versus Obama’s
Black and Center 