One of the worst things about working in Washington is that it’s so easy to get frustrated about the fact-free nature of political debates. For instance, there’s now a big controversy about companies “re-domiciling” or “inverting” from the United States to lower-tax nations such as Ireland and Switzerland. This should not be controversial. Unless, of course, you […]
read more...I’ve had some fun over the years by pointing out that Paul Krugman has butchered numbers when writing about fiscal policy in nations such as France, Estonia, Germany, and the United Kingdom. So I shouldn’t be surprised that he wants to catch me making an error. But I’m not sure his “gotcha” moment is very persuasive. Here’s some of […]
read more...In some sense, there’s nothing remotely funny about the IRS’s targeting of Tea Party organizations. It is disgusting that a powerful arm of the government became a corrupt vehiclefor illegal partisan politics. But it’s better to laugh rather than cry, so let’s enjoy this new video from Remy at Reason TV. And let’s not forget that the IRS rewarded itself with […]
read more...When people in other nations ask me for evidence in favor of low taxes, I often will ask them to compare the economic performance of a high-tax nation like France with the performance of a nation such as Switzerland with less onerous taxes. If I’m asked by Americans, I generally suggest that they compare different states. For instance, […]
read more...Last month, I nailed Bill and Hillary Clinton for their gross hypocrisy on the death tax. But that’s just one example. Today, we’re going to experience a festival of statist hypocrisy. We have six different nauseating examples of political elitists wanting to subject ordinary people to bad policy while self-exempting themselves from similar burdens. Our first three […]
read more...The worst part of the tax code is something most Americans have likely never heard of.
read more...Obamacare resulted in big increases in the fiscal burden of government(ironically, it would be even worse if Obama hadn’t unilaterally suspended parts of the law). The legislation increased government spending, mostly for expanded Medicaidand big subsidies for private insurance. There were also several tax hikes, with targeted levies on medical device makers and tanning beds, as well as some soak-the-rich […]
read more...I wrote a post several years ago contrasting a good initiative by Senator Rand Paul of Kentucky and a statist proposal by Senator Chuck Schumer of New York. There was no connection between the two ideas, but I thought the comparison helped show the difference between someone who instinctively wants more freedom and someone who reflexively thinks […]
read more...If some special-interest lobbies give money so that a left-wing group can propose something like a value-added tax to finance bigger government, that’s no surprise. And if a bunch of subsidy recipients donate money to Barack Obama or some other statist politician because they hope for new programs, that’s also standard procedure in DC. I’ll fight these […]
read more...I wrote the other day that Americans, regardless of all the bad policy we get from Washington, should be thankful we’re not stuck in a hellhole like Venezuela. But we also should be happy we’re not Europeans. This is a point I’ve made before, usually accompanied by data showing that Americans have significantly higher living standards than their cousins on the other […]
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