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...
by Brian Garst | Aug 10, 2010 | Blogs, Constitution, Economic Growth, Taxation
With the public unconvinced of the wisdom of soaking the rich, the latest hot idea floating around in statist circles is not to soak the rich, but rather the really, super-duper, ultra rich. In a class-warfare filled screed, James Surowiecki wrote in the New Yorker on...
by Brian Garst | Aug 6, 2010 | Big Government, Blogs, Health Care
While the public is rightly skeptical of granting our government overlords unlimited power – which they are busy gathering for themselves nonetheless – there’s one group of people who think it would be just dandy to grant limitless power to the...