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Gov. Bob McDonnell Signs Largest Tax Hike in Virginia History into Law: http://t.co/iENksi7uQi
May 14, 2013 02:01 PM
taxreformer -
IRS tax return preparation invites a conflict of interest: http://t.co/oKvpIofu7Y
May 14, 2013 01:30 PM
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These destructive #Obamacare tax hikes will soon be implemented: http://t.co/opFkyf1guJ
May 14, 2013 01:01 PM
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"Saying the Marketplace Fairness Act is fair is like saying the Affordable Care Act makes health care affordable" -@MarshaBlackburn
May 14, 2013 12:30 PM
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"I can't believe #Obamacare led to higher health care costs," said no economist ever: http://t.co/J6dfnKqFYZ
May 14, 2013 12:01 PM
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#Obamacare's 10% tanning tax hits salon owners and customers, most of which are women: http://t.co/dJuaGAT9LE
May 14, 2013 11:01 AM
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Groups who advocated for the IRS to prepare tax returns sure look foolish these days: http://t.co/oKvpIofu7Y
May 13, 2013 06:30 PM
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"We don't need the federal government mandating additional taxes..." -@MarshaBlackburn on MFA: http://t.co/lAuLJtr5t3 #NoNetTax
May 13, 2013 06:00 PM
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Health insurers and businesses are already feeling the iron-clad grip of regulations in #Obamacare: http://t.co/J6dfnKqFYZ
May 13, 2013 05:30 PM
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Virginia Governor Bob McDonnell Signs Largest Tax Hike in Virginia History into Law http://t.co/Qd6KOFfaPv
May 13, 2013 03:46 PM
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PrintMatt Yglesias: “Tax the Hell Out of People, Just Don’t Let ‘Em Know It”
Think Progress’s Matt Yglesias seems to be a pretty smart guy. But like lots of smart people, sometimes he’s too smart for his own good – and in this case, everyone else’s too.
In a blog post on the topic of tax incidence he has this to say:
Thus, people hear about the idea of cutting the gas tax and they assume 100 percent of the benefit will go to consumers and none to oil companies. But when they hear about taxing “windfall profits” of oil companies, they assume all the burden will be borne by the companies and none by the consumers. That’s not how the world works. But it means you can often take a good idea, and turn it into a more politically palatable one, by messing around with the implementation details to make it seem like a tax on evil corporations rather than a tax on people who buy products from evil corporations.
This is a pretty simple idea, but he’s dressed it up with a great deal of pretty language, so let me translate it into something a bit less obtuse.
Most people are stupid. They’re too dumb to realize who really pays taxes. That’s awesome though, because it means we can force taxes onto people and so long as they think businesses are paying them they won’t get angry at us.
But then again, as I’ve said before, an honest leftie is hard to find, so it’s hardly surprising that Yglesias is excited about the prospects of such activity.
