My friends at Americans for Tax Reform have received a bunch of attention for a new report entitled “Win Olympic Gold, Pay the IRS.” In this clever document, they reveal that athletes could face a tax bill – to those wonderful folks at the IRS – of nearly $9,000…
Daily Analysis
Jobless Rate Climbs to 8.3 Percent, Creating More Anxiety for Obama and the Left
Can we finally all agree that Keynesian economics is a flop? The politicians in Washington flushed about $800 billion down the toilet and we got nothing in exchange except for anemic growth and lots of people out of work. Indeed, we’re getting to the point where the…
George Leventhal Should Teach Paul Krugman about Public Finance and the Economics of Taxation
Montgomery County in Maryland is not exactly a hotbed of free market thinking or a bastion of limited government. It’s one of the richest counties in the nation, but not because of entrepreneurship and wealth creation. Instead, it’s a bedroom community for over-paid…
International Data on Living Standards Show that the United States Should Not Become More Like Europe
I’m not a big fan of international bureaucracies, particularly the Paris-based Organization for Economic Cooperation and Development. The OECD, funded by American tax dollars, has become infamous for its support of statist pro-Obama policies. The OECD has allied…
On Death Tax, the U.S. Is Worse than Greece, Worse than France, and Even Worse than Venezuela
Considering that every economic theory agrees that living standards and worker compensation are closely correlated with the amount of capital in an economy (this picture is a compelling illustration of the relationship), one would think that politicians – particularly…
Thank the Private Sector for the Internet, not Government
As part of his campaign to expand the size and scope of the federal government (and to justify his advocacy of class-warfare taxation), President Obama has been asserting that all of us benefit from government spending. It’s why he now echoes Elizabeth Warren’s claim…
What Obama and the New York Times Don’t Understand about Worldwide Taxation
Mitt Romney is being criticized for supporting “territorial taxation,” which is the common-sense notion that each nation gets to control the taxation of economic activity inside its borders. While promoting his own class-warfare agenda, President Obama recently…
Europe’s Crisis Is Because of Too Much Government, Not the Euro Currency
The mess in Europe has been rather frustrating, largely because almost everybody is on the wrong side. Some folks say they want “austerity,” but that’s largely a code word for higher taxes. They’re fighting against the people who say they want “growth,” but that’s…
Thanks to Pro-Free Market Reforms, Chile Is the Latin Tiger
One of the reasons why this blog is called International Liberty is that the world is a laboratory, with some nations (such as France) showing why statism is a mistake, other jurisdictions (such as Hong Kong) showing that freedom is a key to prosperity, and other…
The Turbo-Charged Italian Version of the Laffer Curve
Thanks largely to the Laffer Curve, there are some impressive examples of failed tax increases in countries such as the United States, France, and the United Kingdom. But if there was a prize for the people who most vociferously resist turning over more of their…