I’m not a big fan of the IRS, but usually I blame politicians for America’s corrupt, unfair, and punitive tax system. Sometimes, though, the tax bureaucrats run amok and earn their reputation as America’s most despised bureaucracy. Here’s an example. Earlier this…
Daily Analysis
Five reasons Why Switzerland Is Better than the United States (but Five Reasons Why I’ll Stay in America)
Greetings from Montreux, Switzerland, on the shores of Lake Geneva. There aren’t many places where palm trees are framed by snow-capped mountains. Heck, even I managed to take a decent photo. But let’s shift back to the world of public policy. Every time I’m in…
Why Have Money Laundering Laws if They Impose High Costs and Yield No Benefits?
It was only a few decades ago that there was no such thing as money-laundering laws. Instead, the focus of law enforcement was on the underlying criminal behavior (such as robbery) that generated ill-gotten gains. In recent decades, however, politicians around the…