Tag: income tax

The hidden trillion-dollar tax

Post author By Bryan Smith
Post date March 20, 2026

The true cost of tax compliance in the United States isn’t measured in dollars collected, but in dollars never created. Nowhere is that loss more visible than among professionals and others whose time is directly tied to revenue. For these individuals, every hour has a measurable market value. Every hour diverted to tax compliance isn’t […]

Tags income tax, taxes

Articles

What’s the lesson for you on income taxes?

Post author By Bryan Smith
Post date September 8, 2022

When our Founding Fathers gave us the United States Constitution, it contained no provision for Congress to tax income. That all changed on Feb. 25, 1913, when Secretary of State Philander C. Knox certified ratification of the 16th Amendment that allowed Congress to tax income. Today, federal income tax rates start at 10% and go […]

Tags income tax, IRS, taxes

I was born in Idaho. My father was a baker, my mother was a stay-at-home mom. I was the first one in my family to go to college. My parents instilled in me the values of hard work, savings, courage, and faith. These values are what drove me to take the first step and pursue a college degree.

I attended Rick’s College (now BYU-Idaho) in Rexburg, Idaho. I graduated from Brigham Young University in 1986 and then went on to law school. I received my Juris Doctor in 1989 with honors from the McGeorge School of Law at the University of the Pacific.

Since then, I have helped grow a successful law firm in my hometown of Idaho Falls. But where I’ve invested my true energy and passion has been with our family. I’ve been married to my wife, Sharon, for more than 41 years and we have five wonderful children together and will soon welcome our 10th grandchild. I served as the Idaho GOP 2nd Vice Chairman from 2018-2020 and currently serve as the Idaho GOP National Committeeman and RNC member since 2023. I was also an RNC Trump Delegate in 2020 and 2024.