When you put the 2 words ‘The’ and ‘IRS’ together it spells: “Theirs…” It is time to file for your extension. The view from our lovely rental house in the Sonom...Read More
Simon’s five excellent tax proposals summary: A “Sin Tax” on video games and apps. A Graduated Excise Tax on second homes. A Property Tax on all Assets. An Extra Bathroom Tax. Sell F...Read More
Freeway Access Rights Click the link above to read the details on this tax revenue idea. I was working on solving freeway congestion and making controlled access politically acceptable but it is also ...Read More
The Extra Bathroom Tax Before I arrived at the second home tax I was thinking about an extra bathroom tax. In fact I was even a bit more radical than that. We have lots of spare bedrooms and spare bat...Read More
This is the big one. Two hundred years ago peoples main assets were in farms, land and homes. Now because of our new economy most of our assets are in stocks, bonds and bank deposits. They should be t...Read More
There are nine million families in the United States with second homes. How about an excise tax on all of them. Starting at $100 on a cabin in the woods of Wisconsin to $10,000 on a big second home in...Read More
The Federal Government is spending far more than its revenue. It doesn’t seem likely that they are going to stop the spending so we are going to need some new revenue. Over the next few weeks I&...Read More
It is Time to Eliminate the Income Tax. The Federal Government needs lots of money and they get most of it through income taxes. Unfortunately income taxes distort behavior, are volatile and are ext...Read More
There is talk about taxing financial transactions as a way to punish those in the finance business and to raise revenue. Without taking sides I discovered today that this idea has been tried before ...Read More