“A tax loophole is something that benefits the other guy. If it benefits you, it is tax reform”– Russell B. Long
“Corporate tax reform is nice in theory but tough in practice.”– Andrew Ross Sorkin more »
“The values to which people cling most stubbornly under inappropriate conditions are those values that were previously the source of their greatest triumphs over adversity.”– Jared Diamond, Collapse, 2005 more »
Today we come to part 3 of my tax reform series. So far, we’ve introduced the challenge and begun to describe the main proposed GOP solution. Today we’ll look at the new and widely misunderstood “border adjustment” idea and talk about both its good and bad points. more »
“Taxation is the price we pay for failing to build a civilized society.” – Mark Skousen
“Government’s view of the economy could be summed up in a few short phrases: If it moves, tax it. If it keeps moving, regulate it. And if it stops moving, subsidize it.”– Ronald Reagan more »
Vizzini: He didn’t fall?! Inconceivable!
Inigo Montoya: You keep using that word. I do not think it means what you think it means. – From The Princess Bride more »