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…
Daily Analysis
England’s Despicable Political Class Pushes Soviet-Style Tax Tactics
I wrote last week about David Gauke, a simpering and unctuous statist who said it was “morally wrong” for people to pay cash for services because that made it harder for the state to seize a share of the proceeds. And last month I condemned the country’s CINO…
Fighting Anti-Tax Haven Demagoguery on CNN
Tax Justice Network promoting an agenda driven study using shoddy assumptions.
Obama’s Right – in a Perverse Way – about Government Playing an Important Role for Small Businesses
President Obama recently got himself in a bit of hot water with his “you didn’t build that” remark, which trivialized the hard work of entrepreneurs. But he is right – in a perverse way – about government playing a big role in the life of small businesses. Thanks to a…
Shame on the Associated Press for Sloppy and/or Biased Reporting about Poverty
In a recent post about Brian Ross and the despicable behavior of ABC News, I included examples of what I categorized as deliberate and accidental media bias. Here’s a good (or perhaps I should say bad) example of accidental bias, demonstrating how statist premises get…
Should Politicians Get a New Tax Without First Abolishing an Existing Tax?
I’ve explained before that I’m skeptical of the Fair Tax, hostile to the value-added tax, and opposed to other forms of a national sales tax for the simple reason that I don’t trust politicians to get rid of the income tax. Indeed, I fully suspect that the crowd in…
The New Assault on Financial Freedom
Over a week ago I predicted in an editorial that there would be continued attacks on financial privacy and tax competition, noting that attacks on Romney’s financial holdings were “part of this ongoing effort to undermine tax competition and make it easier…
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…
Ambassador John Bolton Explains Need to Block Back-Door Gun Control Scheme from the United Nations
I’m not a big fan of the United Nations and I’m not a supporter of gun control, so you can imagine how agitated I get when two bad things are combined together. And that’s exactly what’s happening with a new anti-gun treaty being concocted by the United Nations. John…
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…