Is there anything more despicable than a politician with personal (taxpayer-financed!) security guards who wants to prevent other people from having the right of self defense? Mayor Daley of Chicago is a good example of this strange species (scientific name: hypocratus sleazious). The priceless John Lott looks at the evidence from Jamaica to show the […]
read more...When even the New York Times is writing articles about the collapse of the European welfare state, you know that the political establishment is finally recognizing the writing on the wall. Recognizing a problem and solving a problem, however, are two different things. They need to use an axe on their budgets, but the examples […]
read more...Americans should not get too smug about the troubles in Europe because the Bush-Obama policies of wasteful spending are bringing us down the same path. The latest evidence comes from a well-researched article about personal income in USA Today showing that the share from private paychecks fell to a record low and the share from […]
read more...Governments that tax work and subsidize sloth are committing a form of slow-motion suicide, and the Greek fiscal crisis is the canary in the coal mine of this phenomenon. Interestingly, some European governments are trying to halt the downward slide, though I suspect that most of them will fail to take the necessary steps. But […]
read more...I have a question for my friends who support a national sales tax. First, some background. Beginning with the defeat of Woody Jenkins in his Louisiana Senate race back in the 1990s, various versions of the national sales tax have caused political headaches for GOP candidates. Even candidates from conservative states, such as Sen. DeMint in […]
read more...Every so often, perhaps inadvertently, a collectivist says something very smart. In the case of Lula da Silva, Brazil’s socialist president, he made the common-sense observation that you can’t redistribute without first producing. He didn’t quite realize what he was saying, one imagines, since he presumably would have realized that capitalism is a superior system […]
read more...Richard Rahn’s Washington Times column makes several key points about corporate taxation, including the fact that excessive taxation of capital (the corporate income tax being just one example) is extremely foolish such taxes impose the most damage – per dollar collected – when compared with other forms of revenue. To add injury to injury, the […]
read more...We’ve looked at this issue before, but this new CNN article fleshes out the awful IRS rules in the new healthcare bill: The massive expansion of requirements for businesses to file 1099 tax forms that was hidden in the 2,409-page health reform bill took many by surprise when it came to light last month. …The […]
read more...I´ve already posted a great video from the folks at the Institute for Justice about this issue, but this John Stossel column is another good reminder of the corrupt and evil impact of asset forfeiture laws. If bureaucrats have an incentive to take people´s property – even if they never get convicted of a crime, […]
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