Archive for the ‘federal’ Category

Comments Off on Trillion-Dollar Deficits Are Back and Here to Stay

REASON – Budget-watchers have been predicting the return of trillion-dollar deficits for months. That forecast will likely become offical—or as official as these things can ever be—later this week, when the Congressional Budget Office (CBO) releases its annual outlook for revenue and spending. The 2018 Budget and Economic Outlook will be the CBO’s first major […]

Progressive Taxation Makes Everyone Worse Off

Posted: 27th April 2018 by SouthernWatchman in federal, FEE, government, SouthernWatch, taxes
Comments Off on Progressive Taxation Makes Everyone Worse Off

FEE.ORG – It’s Tax Day. Every year, the American people spend about $30 billion on accountants and software to file their taxes. That’s on top of taxes themselves. Approximately 26 percent of the average American’s income is collected, in some form or another, in taxes. This includes all forms of taxation, such as state and […]