Cost of Government Center

05/10/2024

Risky bets are a feature — not a bug — of the American economy. They should be celebrated, not second-guessed.

04/30/2024

Iowa is quickly becoming one of the most taxpayer-friendly states in the country. Pro-growth tax reforms combined with conservative budgeting are strengthening Iowa’s economy and creating a strong fiscal foundation.

Opinion: Kim Reynolds and legislators returning overcollections to Iowans and seeking long-term protections, write Chris Hagenow and Grover Norquist.

04/29/2024

Biden’s repeated kill-the-Trump-tax-cuts statements are a clear message to voters: He is going to raise your taxes and he is going to violate his promise to all Americans making less than $400,000 that they will not see a “single penny” of tax increase under his watch.

It was never a sincere promise to begin with.

If Biden allows the Trump tax cuts to die, Americans of all income levels will see a steep tax increase.

04/15/2024

Tax Day in a second Biden term: $5 trillion in tax hikes, small and mid-sized business tax hikes, highest capital gains tax in 100 years, higher corporate tax than China, even bigger IRS. Piece by Grover Norquist

Donald Trump has made his direction for federal taxes clear. Lower. But so has President Biden, who wants to wallop Americans with a $5 trillion tax increase.

04/09/2024

A government watch dog report today ripped the IRS for its baseless and dishonest cost estimates of the much-touted “Direct File” program.

It found the IRS had no documentation to support the underlying data, analysis, or assumptions used for Direct File estimates.

“IRS had no documentation to support the underlying data, analysis, or assumptions used for Direct File estimates.” A Government Accountability Office report today ripped the IRS for its baseless and dishonest cost estimates of the much-touted “Direct File” program. IRS Had No Documentation ...

03/31/2024

Happy Easter!

03/25/2024

Given the European Union’s history of using fines extorted from U.S. companies in recent years to fill its budget holes, this is just another attempt to discriminate against American businesses and innovation.

The European Union opened new investigations into U.S. companies Apple, Google, and Meta under the Digital Markets Act, which took full effect just earlier this month. The law, designed to supposedly “increase competition” and establish “fair” competition in the EU’s markets, is doing the ...

03/20/2024

Due to Biden’s inflation, he must raise his tax pledge threshold to $474,537.

Due to Biden’s inflation, he must raise his tax pledge threshold to $474,537 Since 2020, Joe Biden has proclaimed he will not raise a single penny of tax on any American earning less than $400,000 per year. “I give you my word as a Biden,” he said. But Biden’s inflation has significantly ero...

03/19/2024

Few Americans want to work for Biden’s IRS, oddly enough

The official IRS watchdog released a report last week noting the IRS is not attracting qualified applicants for its “revenue generating” positions. In a March 11, 2024 report the Treasury Inspector General for Tax Administration wrote: “Additionally, the external applications that have been re...

03/18/2024

The Biden budget not only imposes dozens of tax increases totaling $5.1 trillion and it not only further supersizes the IRS with another $104 billion: It also scraps a key taxpayer protection against rogue IRS agents who use the threat of penalties as an intimidation tactic against taxpayers, to get them to give up or settle.

The Biden budget not only imposes dozens of tax increases totaling $5.1 trillion and it not only further supersizes the IRS with another $104 billion: It also scraps a key taxpayer protection against rogue IRS agents who use the threat of penalties as an intimidation tactic against taxpayers, to get...

03/16/2024

Avowed socialist Bernie Sanders held a hearing on Thursday to introduce his proposal for a “32-hour workweek with no loss in pay.” This misleading bill would negatively affect the very workers it purports to help.

Avowed socialist Bernie Sanders held a hearing on Thursday to introduce his proposal for what he calls a “32-hour workweek with no loss in pay.” This misleading bill would lead to negative repercussions for the very workers it purports to help. Senate Health, Education, Labor, and Pensions (HELP...

03/15/2024

Governor Kevin Stitt and Speaker McCall have tirelessly led on tax relief for Oklahomans. With the passage of this tremendous plan to eliminate the income tax approved by the House, taxpayers should urge their Senators to vote yes.

It’s a massive win for Oklahoma taxpayers as the state’s House of Representatives overwhelmingly passed a plan to eliminate the state income tax this week. The bill, House Bill 2950, is one of the best income tax elimination bills a state legislature has put forward. It is sponsored by Oklahoma ...