by Brian Garst | Sep 3, 2010 | Blogs, Taxation, Welfare and Entitlements
Excise taxes, where government taxes the sale of particular goods, are usually levied with the excuse that consumption of a good or engagement in a certain activity is harmful for individuals. If this were actually true, you’d expect government bureaucrats to...
by Brian Garst | Aug 28, 2010 | Big Government, Blogs
Advocates of big government think it is appropriate for the state to redistribute wealth out of a sense of fairness. They usually claim to want some form of taking from the wealthy to give to the poor. But the practice of redistribution is actually quite different. ...
by Brian Garst | Aug 25, 2010 | Bailouts, Blogs
General Motors, having been bailed out by the government, is preparing for its massive initial public offering, which could be the biggest in U.S. history. Some will no doubt look at the bailout and conclude that GM investments now come with explicit government...
by Brian Garst | Aug 19, 2010 | Blogs, Taxation
Vincent DeMarco, president of the Maryland Citizens’ Health Initiative Education Fund, recently wrote to the Baltimore Sun to stick up for Maryland’s sin taxes. He seems to view it as the obligation of government to reduce activities it determines to be...
by Brian Garst | Aug 18, 2010 | Blogs, Government Spending, Taxation
Bill Frezza of Adams Capital Management writes at RealClearMarkets to debunk claims that the current deficit is due to a lack of tax revenue, rather than excessive spending. Using IRS data, he shows how revenues from the rich – as well as the effective tax rate...
