Taxes

Debating Taxes is like Debating Smoke Detector Models in a Burning House

Local member Mark Crowly had a letter to the editor published in response to a lefty call for more progressive taxation in the Tribune Review. In his response, Mark pointed out: "Debating tax apportionment is like debating what model smoke detector to buy once your house is engulfed in flames. Social Security and Medicare liabilities total about $90 trillion. Our nation's annual GDP is about $14 trillion. The total value of all privately held domestic assets is about $53 trillion. Confisca...