Tag taxes

Tax Day Round-Up

As we all know, today marks one of the clearest-cut deadlines of the year: Our Federal income taxes are due. (And, if you didn’t know, you’ve got until midnight.) Yes, the IRS does grant extensions, making it more generous than…

Why Virginia Needs a New Poverty Measure

How many of us are poor?Answering that question is not as easy as one may think.  Yes, we do have an official poverty statistic that is produced by the U.S. Census Bureau, but nobody likes it.  Many on the Left think it…

…And now the “96 percent”

Yesterday’s post ended with an allusion to the “Hidden Welfare State” and the world of tax expenditures.  Households across all income categories are the beneficiaries of government assistance programs, and the oft-reported 49 percent who receive some type of government…

“47 percent” and other statistics

[youtube=]Last week’s release of the now infamous Mother Jones video of Romney’s comments  on the “47 percent” of Americans who don’t pay income taxes has everyone talking about the U.S. tax system.  Despite this election cycle’s relative dearth of substantive,…