Every since the current government won a landslide election, there’s been a widespread assumption that Hungary would be the next nation in Europe to hop on the flat tax bandwagon. Well, the assumption has become reality. Here’s a report from Tax-news.com.
read more...Ireland is in deep fiscal trouble and the Germans and the French apparently want the politicians in Dublin to increase the nation’s 12.5 percent corporate tax rate as the price for being bailed out. This is almost certainly the cause of considerable smugness and joy in Europe’s high-tax nations, many of which have been very resentful of Ireland for enjoying so much prosperity in recent decades in part because of a low corporate tax burden.
But is there any reason to think Ireland’s competitive corporate tax regime is responsible for the nation’s economic crisis? The answer, not surprisingly, is no.
read more...Our airport security system is a giant hassle. It’s very costly. And now we have the incredible privilege of having government bureaucrats grope our private parts.
So are we getting big benefits to offset these high costs? Mark Tapscott of the Washington Examiner has a column about the TSA that includes a single sentence (actually, a fragment of a sentence) that pretty much tells us what we need to know.
read more...I’ve already commented on the proposal from the Chairmen of President Obama’s Fiscal Commission (including a very clever cartoon, if it’s okay to pat myself on the back). Now we have a similar proposal from the so-called Debt Reduction Task Force. Chaired by former Senator Pete Domenici and Clinton Administration Budget Director Alice Rivlin, the Task Force proposed […]
read more...Back during the presidential campaign, Barack Obama proposed several tax increases. Some of those tax hikes, such as the proposed higher income tax rates on investors, entrepreneurs, small business owners, and other “rich” taxpayers, have received a lot of public attention. But it’s also important to guard against stealth tax hikes, and Obama’s proposal to […]
read more...Here’s what Conan had to say about the Transportation Security Administration on his new late-night talk show. In San Diego, a man refused to be patted down by airport security and some people are calling him a hero. I don’t mind being patted down by airport security, but I don’t like it when the guy […]
read more...I’m utterly envious at how this video has gone viral, but I have to admit that it is quite clever. I don’t think my flat tax videos, for instance, have quite the same flair. In any event, one imagines “the Ben Bernank” is probably not happy about this production. If you really want to understand the […]
read more...Not to be outdone by bureaucrats on the west coast who thwarted a dangerous lemonade trafficking operation, New Castle Councilman Michael Wolfensohn alertly called police to nab a dangerous duo peddling pernicious pies to passersby, and for profit no less. But fear not, authorities were quickly able to identify and disband the two baking bandits. […]
read more...If we believe in truth-in-advertising, TSA bureaucrats should wear these t-shirts as they get their cheap thrills.
read more...I have a column in today’s New York Post, where I pull no punches as I comment on how the rest of the world is increasingly worried about Obama’s policies of easy money and deficit spending. I note that other nations often are guilty of the same mistakes, but that’s no excuse for America sinking to […]
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