Archive for August 16th, 2010
GM’s New Supercar: The 2011 Obummer
Posted in Bailout, Big Government, General Motors, Humor, Obama, Political Humor, tagged Bailouts, General Motors, Humor, Obama, Political Humor on August 16, 2010| 19 Comments »
Clever creation on someone’s part, but since we’re on the topic of government-created cars, this video is the best and funniest I’ve ever seen.
Time for Some IRS Bashing
Posted in Big Government, Congress, Corporate income tax, Corruption, Fiscal Policy, Flat Tax, Income tax, IRS, Politicians, Statism, Tax Reform, Taxation, tagged Corruption, Flat Tax, Income tax, IRS, Politicians, Tax Reform on August 16, 2010| 190 Comments »
Being a lazy procrastinator, I filed an extension April 15 and then waited until this weekend to do my tax return. This experience has reinforced my hatred and disdain for our corrupt and punitive tax system. I don’t even have a remotely complicated tax return, just a Cato salary and a few payments for articles and speeches on the income side, along with a standard set of itemized deductions for things like home mortgage interest.
But even dealing with a relatively simple tax return causes lots of angst and makes me long for a simple and fair flat tax. Actually, it makes me long for a limited government, as envisioned by our Founders, in which case we might not need any broad-based tax. And I suppose I shouldn’t blame the IRS. The real villains are the politicians who have spent the past 97 years turning the tax code into a monstrosity.
Now that I’m done venting, I suppose I should include some educational content. In honor of tax day for procrastinators, here are three videos on the flat tax, the IRS, and the global flat tax revolution.