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Embarrassment Alert: America’s Tax System Ranks Below Italy, Greece, and Mexico

Embarrassment Alert: America’s Tax System Ranks Below Italy, Greece, and Mexico

I’ve complained over and over again that America’s tax code is a nightmare that undermines competitiveness and retards growth. Our aggregate fiscal burden may not be as high as it is… Read more »

Birth Control, Third-Party Payer, and the Politicization of Health Care

Birth Control, Third-Party Payer, and the Politicization of Health Care

America’s health care system is a mess, and we can assign almost all the blame on government. Simply stated, we don’t have functioning and efficient markets because Medicaid, Medicare, tax-code distortions, and other… Read more »

Obamacare, Cost Curves, the Ever-Worsening Entitlement Crisis, and the Case for Spending Restraint

Obamacare, Cost Curves, the Ever-Worsening Entitlement Crisis, and the Case for Spending Restraint

I’m very worried about the burden of government spending. Moreover, I’m quite concerned that poorly designed entitlement programs will lead to fiscal disaster. And I’m especially irked that Obama made the problem worse… Read more »

Whether Looking at Policy or Politics, Growth Trumps Fairness

Whether Looking at Policy or Politics, Growth Trumps Fairness

Why is President Obama so fixated on a class-warfare agenda of higher taxes on the rich and government dependency for the poor? Is it because a tax-the-rich agenda is good politics, as determined… Read more »

The Dependency Ratio and South Africa’s Grim Economic Future

The Dependency Ratio and South Africa’s Grim Economic Future

When asked about the most worrisome statistic for a nation, I don’t say it’s the top marginal tax rate, even though I think class-warfare taxation is very poisonous for long-run economic performance. Nor do… Read more »

Corporate Welfare: Can Republicans Kick the Habit?

Corporate Welfare: Can Republicans Kick the Habit?

I periodically try to explain that there’s a big difference between being pro-market and pro-business. Simply stated, policy makers shouldn’t try to penalize businesses with taxes,mandates, and regulations. But neither should politicians seek to… Read more »

Can Greece Be Rescued?

Can Greece Be Rescued?

I’m a pessimist about public policy for two simple reasons: 1) Seeking power and votes, elected officials generally can’t resist making short-sighted and politically motivated choices that expand the burden… Read more »

What’s the Best Tax Haven for American Citizens?

What’s the Best Tax Haven for American Citizens?

Since I spend considerable time defending tax competition, fiscal sovereignty, and financial privacy, people sometimes think I can give competent advice on how best to protect one’s income from the IRS. Hardly. Like… Read more »

To the Extent America Has an Infrastructure Crisis, that’s an Argument for Decentralization rather than a Bigger Federal Government

To the Extent America Has an Infrastructure Crisis, that’s an Argument for Decentralization rather than a Bigger Federal Government

Michael Strain of the American Enterprise Institute looks at the topic of infrastructure spending and I’m left with mixed feelings. Some of what he writes is very good. Yes, the claims of… Read more »

Another Brutally Disturbing Example of Government-Run Healthcare from the United Kingdom

Another Brutally Disturbing Example of Government-Run Healthcare from the United Kingdom

It’s time to add to our collection of horror stories from the U.K.’s government-run healthcare system (previous examples can be found here,here, here, here, here, here, here, here, here, here,here, here, here, here, here, and here). What makes today’s story different, though, is that the… Read more »