Hank Adler

Oct 10, 2024 | townhall.com | Hank Adler

Editor's Note: This column was co-authored by Lacy Willis, an Associate Professor at Chapman University. The Constitution provides constraints on the taxing power of the federal government. These constraints are applicable to tax legislation regardless of whether new tax laws impact a wide swath of taxpayers or only a small number of very wealthy taxpayers. Kamala Harris is proposing two separate income taxes on wealthy taxpayers with unrealized income.

Aug 24, 2024 | townhall.com | Hank Adler

Why, in 2024, would anyone attack grocery stores for price gouging and therefore the high food prices consumers pay every day? There are exactly zero facts to support the claim that the incredible inflation at the consumer level is the result of actions by grocery stores. Grocery stores make very little money on each item sold and profit because of the volume of individual purchases by large numbers of consumers.

Aug 18, 2024 | townhall.com | Hank Adler

When the Democratic candidate for president of the United States is mimicking the failed price controls policy of the Nixon administration, one knows the world has gone mad. I suggest the reason that it has been more than 50 years between President Nixon’s wage-price controls and today is that there is no one still active in the Democratic Party who had to deal with this Nixon debacle.

May 6, 2024 | townhall.com | Hank Adler

President Biden recently tweeted "That tax cut is going to expire. If I’m reelected, it’s going to stay expired."Many key provisions of the Tax Cuts and Jobs Act (TCJA) will sunset on December 31, 2025 unless Congress and the President act to extend this law.

Mar 21, 2024 | townhall.com | Hank Adler

"Trump claims he is a billionaire. But he can’t pay a $464 million [judgment]," Congressman Ted Lieu wrote on X. "That means he is lying. How do I know? Math." Lying is an interesting word choice – math is an equally interesting word choice. Mr. Trump’s math and the math of potential bond writing entities include the requirements of paying off his secured debt holders and paying the federal and state income taxes resulting from the sale of his real estate assets to pay his fines and penalties.