Posts Tagged 'taxes'

US Has Its Work Cut Out in Revamping Tax Code

US Has Its Work Cut Out in Revamping Tax Code

If you spent 6.1 billion hours doing something, you would think you would have created something most ingenious.

Ironically, that’s how much time American taxpayers spent this year fumbling through stacks of confusing IRS forms. Americans spend about $300 billion a year in tax-preparation costs traversing a mind-bursting 3.4 million word tax code.

The net effect of this archaic tax system is not only its compliance cost, but it ultimately punishes companies for being successful and discourages them from hiring. Taxing our ...

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The Defender of American Entrepreneurialism

The Defender of American Entrepreneurialism

The most powerful words in the English language are included in the Declaration of Independence.

“We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain unalienable Rights that among these are Life, Liberty and the pursuit of Happiness.”

These words clearly define, launch and chart the very foundation of American entrepreneurialism.

Our cherished principles of equality, economic freedom and individual liberty are by far our greatest asset. Omnipresent at the birth ...

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