The pork explosion is a neon sign advertising the fiscal failure of today's congressional leaders.
More Quotes from Chris Edwards:
If they repeal the AMT, they've got to replace it with higher taxes somewhere else, ... Tax reform could mean a big looming tax increase for a lot of people.Chris Edwards
The Panel's income tax reform plan would make some positive changes such as eliminating the double-taxation of dividends and treating U. S. businesses on a territorial basis with regard to their foreign profits. Both of these changes would increase U. S. business competitiveness and spur investment. However, on both the individual and business parts of this simplified income tax, the proposed top tax rates were still too high. For example, the proposed 32 percent corporate rate would still be higher than the 28 percent average corporate tax rate in Europe.
Chris Edwards
Numerous factors affect the size of state bureaucracies, including demographics, crime levels and the propensity of states to contract or privatize services such as prisons or solid waste collection.
Chris Edwards
While tax authorities have increased surveillance and regulation in a bid to stem the flow of investment capital and profits to low-tax jurisdictions, it's easier to shift money around than it used to be thanks to technology. Both legal avoidance and illegal evasion techniques have become more accessible.
Chris Edwards
In Both Parties Find Trough to Their Liking , ... Federal pork spending has exploded in recent years. The highway bill passed in July was bloated with 6,371 pork projects, or earmarks, inserted by members of Congress. Overall, the number of pork projects has increased ten-fold during the past decade. ... The pork explosion is a neon sign advertising the fiscal failure of today's congressional leadership.
Chris Edwards
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