Buy Now or Pay Later!

Hat tip — Eric Dondero.

Here’s the text of a note from Tom Barthold, chief of staff to the Joint Committee on Taxation, to US Senator John Ensign (R-NV) [Click here for PDF]:

Dear Senator Ensign,

Sec 7203 of the Code provides that if there is a willful failure to file, pay. maintain appropriate . . . → Read More: Buy Now or Pay Later!

Message to U.S. Expatriates: Pay Up

On June 17, President Bush signed into law a $1.2 billion military tax relief package, which includes an Exit Tax on U.S. citizens and long-term green card holders who expatriate from the United States. The Exit Tax is part of the Heroes Earnings Assistance and Relief Tax Act (HEART) of 2008.

An American citizen . . . → Read More: Message to U.S. Expatriates: Pay Up

An Austrian Economist in the U.S. Senate?

Since I wrote my most recent article about the economic and fiscal views of the “third-party” presidential candidates – Ralph Nader, Cynthia McKinney, Chuck Baldwin, and Bob Barr – I thought I’d use my blog to highlight a U.S. Senate candidate with an Austrian economics-friendly platform. His name is Scotty Boman, and he’s a . . . → Read More: An Austrian Economist in the U.S. Senate?