3:50 PM, Apr 15, 2015 • By ETHAN EPSTEIN
The Daily Beast’s Michael Tomasky is celebrating this April 15 by declaring that America is “the most undertaxed advanced country in the world.” He claims that this chart offers proof of his assertion.
The chart in question shows that tax revenues in the United States total a mere 24.1% of GDP – by comparison, the United Kingdom, for example, collects 34% of GDP in taxes; in France the figure is 42.4%, and in Denmark it's 48.1%.
But this is very misleading. After all, in all of the countries in question -- besides the United States -- almost all citizens get their healthcare from the government – that is to say, health care is included in their tax bill. By contrast, in the United States, private spending accounts for an estimated 44% of health expenditures.
So, to get a more accurate comparison between the U.S. and other advanced nations, we should add the percentage of GDP that constitutes private health spending (about 7.5% of total GDP in the United States) to the tax burden. If we do that, we find that Americans parted with roughly 32% of GDP this year through taxes and healthcare spending. That puts us right on par with Israel, New Zealand, Canada, and Iceland.
Not that that tells us whether or not America is undertaxed, of course. That’s a question that a bar chart can’t answer.
3:15 PM, Apr 9, 2015 • By KIMBERLY PINTER
In response to this post, several readers have accurately pointed out that a page of the IRS website, posted on March 25, clearly states that, “If you are not required to file a tax return and don’t want to file a return, you do not need to file
9:46 AM, Apr 3, 2015 • By KIMBERLY PINTER
UPDATE: Several readers have accurately pointed out that a page of the IRS website posted on March 25 clearly states that “If you are not required to file a tax return and don’t want to file a return, you do not need to file a return solely to claim this exemption.”
Mar 23, 2015, Vol. 20, No. 27 • By THE SCRAPBOOK
On March 10, Senator Ted Cruz said the following: “On tax -reform, we, right now, have more words in the IRS code than there are in the Bible—not a one of them as good.” It’s no surprise that Republicans in Congress tend to hate taxes and love the Bible, and as Republican rhetoric goes, this is about as anodyne as it gets. The Scrapbook never thought that such a straightforward sentiment would engender controversy, but never underestimate the -media’s desire to willfully misrepresent and dispute the words of politicians they don’t like.
Fraudulent 2010 BP Gulf Oil Spill Claims6:10 PM, Feb 20, 2015 • By JERYL BIER
A former IRS tax examiner was indicted Friday along with three conspirators
2:01 PM, Jan 8, 2015 • By JOSHUA GELERNTER
Confirming a new attorney general is near the top of the new Senate's to-do list. The power not to confirm the president's nominees is near the top of the Republicans' new consignment of political clout.
The case for GOP boldness. Sep 29, 2014, Vol. 20, No. 03 • By FRED BARNES
Big ideas sometimes play a role in political campaigns, but not in this year’s midterm elections. Republican candidates concentrate on linking their opponents to President Obama and his policies. That’s it. Democrats are understandably wary of defending Obama. They go after Republicans on minor or trumped-up issues, often in unscrupulous TV ads.
Lerner also laments 'hoi palloi' ruining exclusive neighborhoods in emails
1:43 PM, Jul 31, 2014 • By WHITNEY BLAKE
Media coverage of yesterday's latest development in the Lois Lerner
12:18 PM, Jul 21, 2014 • By JIM SWIFT
An Ohio-based trade association, the International Association of Information Technology Asset Managers (IAITAM), wants to know why the IRS’s IT Asset Managers have apparently “disappeared at a key juncture.”
IAITAM administers internationally accepted certifications for information technology professionals, and according to their records “at least three IT Asset Managers…were working at the IRS prior to the 13 May 2013 Inspector General Report [that detailed the IRS abuse of conservative political groups].”
3:15 PM, Jun 26, 2014 • By JIM SWIFT
Were Lois Lerner’s allegedly lost emails actually destroyed? An Ohio-based trade association, the International Association of Information Technology Asset Managers (IAITAM), isn’t so sure, and they don’t find IRS commissioner Koskinen’s explanation of their loss very plausible.
Hosted by Michael Graham.3:59 PM, Jun 24, 2014 • By TWS PODCAST
The WEEKLY STANDARD podcast with senior writer Stephen F. Hayes on the latest news on the IRS scandal.
7:02 AM, Jun 24, 2014 • By DANIEL HALPER
The IRS comissioner insists his agency did not break the law or relevant statutes. But under questioning by Rep. Trey Gowdy, the IRS commissioner also admitted that he doesn't know the law or the relevant statutes:
"You have already said, multiple times today, that there was no evidence that you found of any criminal wrongdoing," Gowdy said. "I want you to tell me: What criminal statutes you have evaluated?"
"I have not looked at any," the IRS commissioner admitted.