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British Prepare for Impending Capital Gains Increase

by Brian Garst | Jun 22, 2010 | Blogs, Capital Gains, Taxation

UK Chancellor George Osborne is expected to include a sharp increase in Britain’s capital gains tax when he unveils the emergency budget on Tuesday.  Preparing for this, British citizens are acting to take advantage of the lower rates while they still can: A...

New Tax on Millionaires Won't Fix New Jersey's Budget

by Brian Garst | Jun 20, 2010 | Blogs, Tax Competition, Taxation

New Jersey’s $10.7 billion budget deficit is the second highest among all U.S. states.  With New Jersey already facing one of the worst economic outlooks in the country according to ALEC’s “Rich States, Poor States,” newly elected Governor...

Postal Service Reform is Easy

by Brian Garst | Jun 19, 2010 | Big Government, Blogs, Competition, Free Market

The U.S. Postal Service has been hemorrhaging money for decades, and it’s not hard to understand why.  As a government protected monopoly, the Postal Service cannot adjust to changing market conditions like an ordinary business.  In addition, they are often...

Government "Inspections" Trump Actually Cleaning Oil

by Brian Garst | Jun 18, 2010 | Big Government, Blogs

When you’re a government bureaucrat, it’s never a bad time to interrupt people with real jobs, doing real work, in order to apply pointless rules.  Rather than deploying all resources to address the oil spill in the Gulf, the Coast Guard has been holding...

Latest Economics 101 Video Tackles Minimum Wage

by Brian Garst | Jun 18, 2010 | Blogs, Minimum Wage

Our latest Econ 101 video is a must watch.  If you haven’t seen it yet, Orphe Divounguy succinctly explains the role of minimum wage laws in creating unemployment in this video titled, “The Job-Killing Impact of Minimum Wage Laws:” Minimum wage laws...
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