Ideal Taxes Association

Ideal Taxes Association

Raymond Richman - Jesse Richman - Howard Richman

Richmans' Trade and Taxes Blog

Tax Cut Unreality
Jesse Richman, 12/2/2010

"The summer soldier and the sunshine patriot will, in this crisis, shrink from the service of their country; but he that stands by it now, deserves the love and thanks of man and woman." Thomas Paine

It is time for all true fiscal conservatives to come to the aid of their country.

Some Republicans are trying to sell the myth that the Republican victory in the November 2010 midterm elections was a mandate for the re-enactment of all of the tax Bush cuts. If the exit poll was right, it was no such thing. According to the national exit poll, 18 percent of the electorate said they thought the priority of the next Congress should be tax cuts...

Tea Party's Contract from America endorses tax reform such as the FairTax
Howard Richman, 5/17/2010

The Tea Party Patriot's Contract from America endorses tax reform, such as the FairTax. Here's the relevant plank:

Enact Fundamental Tax Reform
Adopt a simple fair single-rate tax system by scapping the internal revenue code and replacing it with one that is no longer than 4,543 words -- the length of the original constitution.

Meanwhile, the FairTax has become an issue in the congressional race, tomorrow, to fill Congressman Murtha's seat. John Kraushaar at Politico.com (FairTax spurs the campaign rhetoric) reports:...

The FairTax Solution
Howard Richman, 4/12/2010

Every year, Congress makes the personal income tax more complicated and time-consuming. Why not replace our entire tax system with the FairTax, a national sales tax with a prebate? Five huge problems would be solved:...

Buy Trading Away Our Future

Read Trading Away Our Future

Richmans' Commentaries

ITA Working Papers

ITA on Facebook

Archive Feb 2012

Categories:
Book Reviews
Capital Gains Taxation
Corporate Income Tax
Consumption Taxes

Economy - Long Term

Economy - Short Term

Environmental Regulation

Real Estate Taxation

Outside Links:

American Economic Alert
American Jobs Alliance
Angry Bear Blog
Economy in Crisis
Econbrowser
Levy Economics Institute
McKeever Institute
Michael Pettis Blog
Naked Capitalism
Natural Born Conservative
Science & Public Policy Inst.
TradeReform.org
What's Up With That

Wikipedia:
[An] extensive argument for balanced trade, and a program to achieve balanced trade is presented in Trading Away Our Future, by Raymond Richman, Howard Richman and Jesse Richman. “A minimum standard for ensuring that trade does benefit all is that trade should be relatively in balance.” [Balanced Trade entry]
Journal of Economic Literature:
[Trading Away Our Future] Examines the costs and benefits of U.S. trade and tax policies. Discusses why trade deficits matter; root of the trade deficit; the “ostrich” and “eagles” attitudes; how to balance trade; taxation of capital gains; the real estate tax; the corporate income tax; solving the low savings problem; how to protect one’s assets; and a program for a strong America....
Atlantic Economic Journal:
In Trading Away Our Future Richman ... advocates the immediate adoption of a set of public policy proposal designed to reduce the trade deficit and increase domestic savings.... the set of public policy proposals is a wake-up call... [February 17, 2009 review by T.H. Cate]