The tax code is a complicated nightmare, particularly for businesses. Some people may think this is because of multiple tax rates, which definitely is an issue for all the non-corporate businesses that file “Schedule C” forms using the personal income tax. A discriminatory rate structure adds to complexity, to be sure, but the main reason for […]

I’ll be first in line if there’s a contest over who thinks most strongly thatpoliticians are corrupt, or whether they can waste money in creative ways. But if somebody asserts that politicians are stupid, I’m going to argue on the other side. This isn’t because I’m a fan of elected officials. Far from it. However, having […]

Very few political cartoons make me laugh out loud. Even when I look back at the all-time favorites that I included in my political cartoonist contest, most of them are on that list because they make a very effective and clever point about public policy. Though I do recall being very amused by Glenn McCoy’s cartoon on media bias, […]

We’ve reached the stage where Obamacare is the punchline to a bad joke. The law has been a disaster, both for the economy and for the Democratic Party. Not that we should be surprised. You don’t get better healthcare with a poisonous recipe of higher taxes, added government spending, and more intervention. With any luck, Obamacare will be a textbook […]

Over the years, I’ve shared many charts, graphs, and tables to help people understand that the welfare state is fundamentally unsustainable. And, assuming there’s not genuine entitlement reform, many of these fiscal estimates show that the United States has a very perilous future. According to the Bank for International Settlements, the United States is in worse shape […]