While it’s true that the Tax Cuts and Jobs Act will likely cut your taxes, it is certainly not “tax reform.” True tax reform would mean a fundamental change to the system and the manner in which people

I’m not sure what is meant by the statement: “business executives may deduct the full cost of a private jet.” This is ambiguous at best. First, if an asset (even a jet) is used in business to earn income,

The Tax Cuts and Jobs Act added section 199A to the tax code. This is the 20% deduction for small business owners. I’ve said repeatedly that the Jobs Act is a tax cut, but it’s not tax simplification.

Why did the chair of the CA Democratic Party call for a boycott of the In-N-Out Burger chain? Because In-N-Out made a contribution to the state’s Republican Party. Apparently, if you don’t toe the Leftist

After five years of litigation by Tea Party groups against the IRS, the final lawsuit was resolved. The IRS (read: U.S. Taxpayers) will pay $3.5 million because of the IRS’s highly intrusive and

Who holds the power of government? In a republican government, the power of government is vested in the hands of the people. Contrast that with hereditary monarchies and tyrannical dictatorships, in which

IRS targeting “virtual currency” traders Do you trade in virtual currency? Do you know that gains from such trades are taxable? The IRS takes the position that virtual currency must be treated like any

IRS announces “compliance initiatives” The IRS regularly sets priorities for targeting specific taxpayers for audit. About two-thirds of all audits grow from the IRS’s Discriminate Income Function System,

Why a Republic? The fact that America is structured as a republic and not a democracy is no accident; nor is it a matter of mere semantics. The Founders rejected pure democracy as the preferred form of

One has to wonder why the Left hates the U.S. Constitution. It can’t be that it’s overly verbose. It’s one of the shortest and most eloquent constitutions ever written. By contrast for example, the

The “IRS impersonation scam” fleeced millions of dollars from people. Scammers pretending to be from the IRS call people claiming they owe taxes. Scammers demand immediate payment over the phone—with credit

The misinformation used to whip the pubic into an emotional frenzy over the reports that families of illegals are being separated at the boarder is astonishing. One such claim is that the feds have no