I’ve read several places that Ronald Reagan instinctively understood supply-side economics because Hollywood stars sooner or later learned that making more than a couple of movies per year was pointless when marginal tax rates were 90 percent. The same thing happens in sports. I’ve already posted about soccer stars turning down contracts in places where […]

Since the United States is the biggest funder of that bevy of kleptocrats and moochers known as the United Nations, it is especially painful to read stories about the rampant corruption that characterizes that international bureaucracy and its various divisions. Here’s a typical story about waste and fraud from The American: How pervasive are the […]

Tax-news.com reports that the French and Italian governments want Europe to impose a tax on imports from nations that don’t adopt misguided climate-change/global-warming rules. This is awful policy, but the good news is that such a policy presumably won’t happen unless all 27 European Union nations agree: France and Italy have demanded that the European […]

Being an American citizen is an honor in many ways, but it is a huge millstone around the neck for highly successful investors and entrepreneurs because of an oppressive and complex tax system. This is particularly true for those based in and/or competing in global markets. Indeed, because the tax system (and regulatory system) is […]

 I have a column in the New York Post explaining that big government is a losing deal for taxpayers in the Empire State. I’m tempted to say they deserve to be over-taxed and over-regulated because they keep electing collectivists like Chuck Schumer, but I grew up in the area and still follow the Yankees, so […]

Steve Forbes is 100 percent correct, as was Milton Friedman. Bloated and wasteful government spending is the problem, not inadequate revenue. Deficits are merely the symptom of excessive spending: The late Nobel Prize-winning economist Milton Friedman once famously observed that he would prefer a federal government budget of $1 trillion (this was when a trillion […]

The serial mendacity that characterizes Washington is on full display in David Border’s column entitled “Without higher taxes, the national debt will be crushing.” Yes, this is the same David Broder who did not write columns about the threat of deficits and debt when politicians were bailing out their friends on Wall Street. Moreover, this […]

A former White House speechwriter, Mark Thiessen, has jumped to the defense of his former boss, writing for the Washington Post that George W. Bush “established a conservative record without parallel.” Even by the loose standards of Washington, that is a jaw-dropping assertion. I’ve been explaining for years that Bush was a big-government advocate, even writing […]

I saw this odd story about wasteful government spending in James Taranto’s Best of the Web email. The bureaucrats at Britain’s National Health Service are sqandering thousands of dollars to create a giant “Burger Boy” as part of a government propoganda program against obesity. But what’s really odd is that local taxpayers (if there are […]