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...
by Brian Garst | Jun 27, 2010 | Big Government, Blogs, Free Market
Shakespeare would likely describe the latest major legislation winding its way through Congress as a piece of legislation crafted by idiots, full of sound and fury, signifying nothing. Rather than address the systemic distortions created by prior government policies,...
by Brian Garst | Jun 26, 2010 | Blogs, Taxation
Campaigning in Wisconsin, Vice President Biden met his match in a local small business owner. It doesn’t have quite the snappy ring of “Joe the Plumber,” but it will do. Earlier today Joe Biden was in Wisconsin, trying to help Russ Feingold salvage...
