Word: taxed
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...simple question and you get a 10-minute harangue in response. This harangue is likely to feature libertarian political opinions that are by Schiff's own admission pretty extreme--inherited as they were from a father currently in prison (at age 81!) for refusing to pay income tax...
...course, Schiff isn't mainstream. His father Irwin decided in the 1970s that the federal income tax was unconstitutional and has spent the years since shuttling between courtrooms and prisons. Schiff's parents divorced when he was 5, and he was raised by his mother. But it was his father who got him reading libertarian icons Ayn Rand, Ludwig von Mises and Murray Rothbard. And taxpaying Peter is wistful about failing to follow fully in Dad's footsteps. "I'm taking the easy way out," he says...
...Really, it's a poor person's tax.' SEAN O'BRIEN, a professor at the University of Missouri at Kansas City's law school, saying such fees unfairly affect struggling families...
...have dropped - and so has the appetite for small cars. As long as the price of gas remains volatile, it's far from certain that Americans will buy the more efficient cars and trucks the new standards will require automakers to produce. In the long run, though, a gas tax that puts a floor on fuel prices may be the only way to break America's SUV addiction. But Obama has said he's not interested. "You need a price signal. Regulations alone won't do it," says Lester Lave, director of the Carnegie Mellon Green Design Initiative...
...Whatever deal eventually emerges, experts warn that Opel's future is anything but rosy in a car industry beset by a massive erosion of demand. The Financial Times reported that the offer document GM sent out to bidders last month predicted a loss before tax and interest payments of more than $3 billion at its European businesses this year. (See pictures...