Peter's Blog

While most of the American government can be characterized by regulatory overgrowth, few areas loom larger in the public imagination than the Tax Code. This reputation is well earned, as the Tax Code seems to become more complicated each time people try to reform it. Hundreds of years of revisions have left American taxpayers in […]

Today is tax day. I’m not pleased. I don’t know about you, but that means my bank account balance will be significantly smaller later this evening. I’m going to have to write a big check. But hey, this is the price I pay for a more civilized society.

While price inflation has eased modestly from its peak, Americans are still dealing with rapidly increasing prices, and that is squeezing their pocketbooks. And of course, the pain falls disproportionately on the working poor and people living on fixed incomes. As Ron Paul explains, rising prices and a more aggressive IRS mean servers in the […]

The so-called “Inflation Reduction Act” is another Washington DC lie. It won’t do anything to reduce inflation. In fact, it will do the exact opposite. Instead, they should have named it the “Liberty Reduction Act,” because that’s what 87,000 new IRS agents funded by this spending bill will do. Yes, the tax man cometh. And […]

Peter Schiff appeared on the Newsmax Saturday Report along with former Rep. Peter King (R-NY) to talk about President Joe Biden’s unwarranted inflation victory lap. The CPI for July came in slightly cooler than June’s sizzling 9.1%. But even at 8.5%, CPI remains near 40-year highs. But Biden focused on the unchanged month-on-month CPI to […]

The tax man cometh! And thanks to the Democrats in Congress, there will be more tax enforcers shining their lights into the nooks and crannies of Americans’ finances.

Monday was tax day. I don’t know about you, but my wallet is lighter. As always, I had to write a big check. But I took solace in the fact that I’m helping create a more civilized society!

So, last Monday was tax day. Ouch! I don’t know about you, but I had to write a big check. But I took solace in the fact that I’m helping create a more civilized society!

It’s time for Fun on Friday and I have to be honest — I’m not feeling very fun. Why? Because the tax man cometh! And no matter how you slice it, taxation is not a fun subject. It’s no wonder “death” and “taxes” are often mentioned in the same breath. But April 15 is lurking […]

Your Trump tax cut isn’t going to be quite as big as you might have thought. According to a report by the Wall Street Journal, a new inflation measurement included in the GOP plan and recently implemented by the IRS will cut into your tax cut savings in 2019. Ron Paul warned you about this […]