Tag: Tax Expenditures
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The Rise of New Socialists in the Age of Gilded Subsidies (Part I)
by William L. Kovacs, ©2024 (Oct. 15, 2024) — The federal government uses its tax, borrowing, spending, and regulatory powers to control most of the economic activity in the United States. Presently, it extracts well over $3 trillion from taxpayers and redistributes their wealth to other individuals and corporations that act in ways the government…
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Climate Skeptics Win by Revealing Costs, Not Disputing Science
by William L. Kovacs, ©2023 (Dec. 20, 2023) — Part I discussed how the Progressive Left transitioned their climate strategy from one of oppressive regulations during the Obama administration to giving away massive amounts of money during the Biden administration. This policy change made all the difference in gaining general support from the American business…
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Memo to Climate Skeptics: You’re Losing, Change Strategies
by William L. Kovacs, ©2023 (Dec. 6, 2023) — As 90,000 corporate and environmental elites land their private planes in Dubai to be exquisitely wined and dined at the UN Climate Conference (“COP 28”) from November 30 to December 12, 2023, they will be demanding more reductions in fossil fuels and trillions more dollars for…
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Tax Expenditures and Cardsharps Deal from Bottom of the Deck
by William L. Kovacs, ©2023 (Oct. 5, 2023) — Without being a card player, it can be difficult to spot a cardsharp who cheats by manipulating cards to serve their own interest. Without being a tax expert and certified accountant, it is difficult to spot how federal tax expenditures manipulate government spending for friends and…