The budget deficit this year is projected to be significantly smaller than it has been in recent years and some of our statist friends claim that this shows the desirability and effectiveness of higher taxes. I’m not persuaded, mostly because our big long-run fiscal…
Daily Analysis
DC Council to the Poor: Screw You!
The unemployment rate in Washington DC is 8.5%, a point higher than the national average. Compared to the rest of the nation, the District is poverty and crime-ridden. Given these facts, you’d think the DC Council would welcome the nation’s largest employer to the…
Should We Be Optimistic or Pessimistic about the Future of the Second Amendment?
Fifty years from now (assuming we haven’t suffered a Greek-style fiscal collapse), will we still enjoy our constitutional freedom of private gun ownership? Sometimes I’m pessimistic about what will happen because politically correct educators are brainwashing our…
Crime Fighting or Corporate Welfare?
I want government to successfully and rationally fight crime and stop terrorism. That’s a perfectly appropriate libertarian sentiment since protecting life, liberty, and property are among the few legitimate roles for government. But I don’t want to give bureaucrats…
Former Deputy Assistant Secretary of State Blasts FATCA
Few know better than Americans living overseas the punitive and capricious nature of U.S. tax policy. Writing in today’s Wall Street Journal, law professor and former Deputy Assistant Secretary of State Colleen Graffy provided a clear and concise accounting of…
Are Republicans the “Stupid Party” or the “Big-Government Party”…or Both?
I sometimes make fun of Republicans for being the “Stupid Party,” but I get genuinely agitated when they’re the “Statist Party.” You can forgive someone for not being intelligent, after all, but it’s much harder to look the other way when they deliberately and…
Two Cheers to the Obama Administration for Resisting French Anti-Tax Competition Scheme
I damned Obama with faint praise last year by asserting that he would never be able to make America as statist as France. My main point was to explain that the French people, notwithstanding their many positive attributes, seem hopelessly statist. At least that’s how…
Will Obamacare Collapse?
Is Obamacare such a cluster-you-know-what that the law will self-destruct? Well, I’ve already explained why I’m optimistic about the possibility of turning Obamacare lemons into free-market lemonade. Simply stated, the law took a healthcare system that already was…
Debating Tax Havens
I never thought I would wind up in Costco’s monthly magazine, but I was asked to take part in a pro-con debate on “Should offshore tax havens be illegal?” Given my fervent (and sometimes risky) support of tax competition, financial privacy, and fiscal sovereignty,…
Can You Spell L-A-F-F-E-R C-U-R-V-E?
I’m thinking of inventing a game, sort of a fiscal version of Pin the Tail on the Donkey. Only the way it will work is that there will be a map of the world and the winner will be the blindfolded person who puts their pin closest to a nation such as Australia or…