Tag Archives: Tax Code

ON AIR with Host Mike Miller of WIMA 1150

The Foundations Weekly On-Point Series continues with Host Mike Miller of 1150 WIMA in Lima, Ohio and Policy Analyst, Curtis Greco. This week features – “Repair or Replace the Tax Code; what’s more Important!” This vignette appears throughout the week during Michael’s 6-9Am (ET) Show. Ohio’s In-Tune & In-Touch Host, catch him Live in-market or online at www.1150wima.com.

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Trade Agreements & Political Half-Truths

Did you know that the last time the U.S. had a “Trade Surplus” ($12.4 Billion) was 1975?  By 2015 the Federal Trade Deficit, for just Fiscal Year 2015, was $539.8 Billion. Did you know that since 1992, when the WTO (Trade Treaties) was passed and thru Fiscal Year-End 2015 the Cumulative Trade Deficit was $10.2 Trillion and over the same period Federal Debt increased by $14.1 Trillion?

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Price Fixing or is it Tax Evasion?

Federal prosecutors are continuing their assault on various antitrust violations and 2012 marks the second straight year that the Department of Justice has levied more than $1 Billion in fines.  The most recent example of the DOJ’s campaign came last September (2013) with their announcement that nine Japan-based auto parts manufactures pleaded guilty to charges relating to a widespread price-fixing racket alleged to have added over $5 Billion to the cost of new vehicles. 

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TIMF E-op No: 2 – Taxation: The Scheme of Redistribution

The Founding Fathers where very deliberate in crafting specific guidelines and boundaries with respect to the role of the Federal Government; as to the issue of Taxation, they were explicit: 

Article I, Section 2, Clause 3: 

“Representatives and direct taxes shall be apportioned among the several States which may be included within this Union, according to their respective Numbers. 

Article I, Section 8, Clause 1: 

“The Congress shall have Power to lay and collect Taxes, Duties, Imposts and Excises, to pay the Debts and provide for the common Defense and general Welfare of the United States; but all Duties, Imposts and Excises shall be uniform throughout the United States.” 

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Taxation: Never Flat or Fair

As the practice of politicking continues its march toward the 2012 Presidential Election I’m reminded of how little the political conversation rarely, if ever, revolves around substantive issues although at the same time I confess that the current cycles has drawn a tad closer to one single issue that has long escaped the discipline of close inspection, deliberate inquiry and truly dedicated offering. This single issue is Taxation and we have Herman Cain to thank for pushing topic to the surface. Let’s hope we can take it the rest of the way! 

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