We hear a lot of talk (mostly from the political Left) about this “fair share” idea. My question has always been, “Who decides what is ‘fair’, and how do they come up with that?” To me, “fair” would be roughly equivalent to “proportional to income”, which is what everyone should pay (with exceptions for the […]
Taxes are all over the news, these days. No wonder, since they affect all of our lives. Payroll taxes, income taxes, death taxes, “sin” taxes, etc. There’s a slew of them. But, the one I’d like to address is the (in)famous capital gains tax, which is currently about 15% (down from 20%, thanks to President […]