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Tax

Sixth Circuit Rules Government Cannot Seize $300,000 in Home Equity to Pay $22,000 Tax Debt
News

Sixth Circuit Rules Government Cannot Seize $300,000 in Home Equity to Pay $22,000 Tax Debt

October 15, 2022October 15, 2022 capitolhilltim

As co-blogger Jonathan Adler points out, the US Court of Appeals for the Sixth Circuit recently ruled,  in Hall v. MeisnerThe government can’t seize $300,000.00 in […]

Business Tax on Freelance Writers Heads to Virginia Supreme Court
News

Business Tax on Freelance Writers Heads to Virginia Supreme Court

April 22, 2022April 22, 2022 capitolhilltim

Taxes are a subject of democratic accountability.Charlottesville, Virginia decided in 2018 that freelance writers required a business licence. On local writers who did not have […]

Supreme Court Definitively Ends the SALT Tax Deduction Case
News

Supreme Court Definitively Ends the SALT Tax Deduction Case

April 19, 2022April 19, 2022 capitolhilltim

Jonathan Adler notes that today’s Supreme Court decision to overturn a lower court ruling upholding 2017’s federal tax deduction limits for local and state taxes […]

High Inflation Means Rising Tax Bills
News

High Inflation Means Rising Tax Bills

April 18, 2022April 18, 2022 capitolhilltim

Americans’ purchasing power has been eroded by sharply rising inflation. The government is now poised for a significant increase in tax bills. In more than […]

Tax Day Is Here, Because Government Bungling Won’t Pay for Itself
News

Tax Day Is Here, Because Government Bungling Won’t Pay for Itself

April 18, 2022April 18, 2022 capitolhilltim

The Centers for Disease Control and Prevention have admitted that the agency may not be performing its tasks well and need to reevaluate their approach. […]

Biden’s Billionaire Tax Wouldn’t Just Hurt Billionaires
News

Biden’s Billionaire Tax Wouldn’t Just Hurt Billionaires

April 14, 2022April 14, 2022 capitolhilltim

One of the most important lessons in tax policy is that the person who is handed the bill and sends the check to the taxman […]

Illinois Will Fine Gas Stations That Don’t Advertise Delayed Gas Tax Hike
News

Illinois Will Fine Gas Stations That Don’t Advertise Delayed Gas Tax Hike

April 11, 2022April 11, 2022 capitolhilltim

Illinois’s new budget gives tax relief to consumers. It also penalizes companies that fail to advertise this fact. Illinois lawmakers passed the FY 2023 budget […]

Elizabeth Warren’s Wealth Tax Would Hurt More Than Just the ‘Tippy Top’
News

Elizabeth Warren’s Wealth Tax Would Hurt More Than Just the ‘Tippy Top’

April 5, 2022April 5, 2022 capitolhilltim

Elizabeth Warren was a strong supporter of trustbusting, Medicare For All, Medicare for All, Green New Deal, and regulation for big banks when she ran […]

‘You Can’t Tax Something That’s Not Earned.’
News

‘You Can’t Tax Something That’s Not Earned.’

March 30, 2022March 30, 2022 capitolhilltim

Joe Biden’s problem with Joe Manchin has been a constant since his entry into the White House. Biden’s presidency has been described as having a […]

Biden’s Desperate Wealth Tax Flip-Flop
News

Biden’s Desperate Wealth Tax Flip-Flop

March 29, 2022March 29, 2022 capitolhilltim

Joe Biden was still campaigning to win the Democratic presidential nomination in 2020. Much of the news coverage was focused upon the stark contrast between […]

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