by Brian Garst | Jul 6, 2010 | Big Government, Blogs, Economic Growth, Taxation
The statists in Congress are enamored with Keynesian big government policies and profligate spending as a means of “stimulus.” But while they travel the country to tout so-called “stimulus success,” the public displays a far better...
by Brian Garst | Jul 2, 2010 | Big Government, Blogs, Welfare and Entitlements
I’ve heard a few economic whoppers in my time, especially from the mouths of politicians, but this statement by Speaker Pelosi has got to be one of the most foolish yet. Talking to reporters, the House speaker was defending a jobless benefits extension against...
by Brian Garst | Jul 1, 2010 | Big Government, Blogs, Economic Growth, Taxation
Allan Meltzer has an opinion piece in the Wall Street Journal explaining the failures of Obamanomics. One of the causes he identifies is the high level of uncertainty surrounding tax rates and regulatory policy under this administration. Such uncertainty is the enemy...
by Brian Garst | Jun 29, 2010 | Blogs, Taxation, VAT
The lazy politician looks at deficits and screams, “soak the rich!” But as CBO’s latest analysis of federal average tax rates shows, they are already paying a highly disproportionate share of taxes. The graphs above show that the highest earners are...
by Brian Garst | Jun 28, 2010 | Blogs, Flat Tax, Taxation
Dan Mitchell recently appeared on MSNBC to explain why we should not be surprised to learn that more than $9 million dollars in home buyer tax credits were given to prison inmates who were clearly not new home owners. This kind of waste is to be expected when...
