The worst part of the tax code is something most Americans have likely never heard of.
read more...Since we’re enjoying a long holiday weekend to celebrate the 4th of July, let’s take a moment to ponder patriotism. I’ve always been inspired (in more ways than one) by this t-shirt. My patriotism is for American principles, not the federal government. Indeed, I’m very proud that a Clinton Administration official once accused me of being unpatriotic for […]
read more...We’re going to touch on two topics today. I realize that not that many readers care about Greek economic policy, but sometimes other nations can teach us very important lessons. For better orworse. And in the case of Greece, the lesson is that government intervention and bureaucracy is an enemy of entrepreneurship. Probably the most amazing – […]
read more...The internal revenue service has allowed itself to become a tool of the White House. To be more specific, bureaucrats at the tax-collection agency sought to undermine a free and fair political process by stifling political speech. And now the IRS is lying about its activities and trying to cover its tracks. This should be deeply horrifying to all […]
read more...A story in Fortune reports that government corruption at the state level is very costly. …corruption is everywhere, in one form or another. And it’s costing U.S. citizens big time. A new study from researchers at the University of Hong Kong and Indiana University estimates that corruption on the state level is costing Americans in the 10 most corrupt […]
read more...There have been many truly awful presidents elected in the United States, but if I had to pick my least favorite, I might choose Herbert Hoover. I obviously have disdain for Hoover’s big-government policies, but I also am extremely irritated that – as Jonah Goldberg explained – he allowed the left to create an utterly bogus narrative […]
read more...When I started writing about public policy, I never realized that …um…human waste would be a frequent topic. *But we examined (not too closely!) the story of a Postal Service employee who defecated in someone’s yard and got to keep his job. *We wondered why the Greek government wanted stool samples from entrepreneurs starting online companies. *We mocked the […]
read more...Back in 2010, I shared a remarkable chart showing how quickly economic output doubles in a fast-growth economy, but it also showed how long it takes for GDP to expand if an economy only grows 1 percent or 2 percent per year. My main message was that nations should follow good policy because: …even modest differences in […]
read more...When I wrote recently that the IRS was corrupt, venal, and despicable, I didn’t realize that I was bending over backwards to be overly nice. Every new revelation in the scandal shows that the agency is beyond salvage. Writing for Real Clear Markets, Diana Furchtgott-Roth of the Manhattan Institute is appropriately skeptical of the IRS. Coincidentally, Lerner’s computer crashed […]
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