Swamp-Creature Republicans

Swamp-Creature Republicans

I don’t like big-government Democrats, but I’m even more hostile to big-government Republicans. That’s because the Democrats don’t lie to me. They openly advocate higher taxes and a bigger burden of government spending. Many Republicans, by...
Norway’s Self-Destructive Wealth Tax

Norway’s Self-Destructive Wealth Tax

The economic argument against wealth taxation is very straightforward. Such a levy is akin to a very high marginal tax rate on saving and investment. Indeed, it’s quite possible that the effective tax rate would exceed 100 percent....