Here’s a video just released by those wonderful folks at the Democratic National Committee. It claims that the bad Republicans were wrong about the auto bailout because the companies are still in business and have paid back the money they confiscated from taxpayers….
Daily Analysis
Europe and Greece: Every Option Is on the Table…Except Doing the Right Thing
eronique de Rugy of the Mercatus Center has a very good – but somewhat depressing – analysis of the fiscal crisis in Greece. She basically concludes that bailouts will continue because nobody in Europe is willing to do the right thing. This got me thinking about what…
National Economic Suicide to Drive Out Capital
Richard Rahn writes in the Washington Times today on a pair of regulations which he describes as “national economic suicide.” At issue is the IRS’s proposed regulation that would require U.S. banks to report information on foreign account holders,…
New Paper Explains Why Low-Tax Jurisdictions Should Resist OECD Attacks Against Tax Competition and Fiscal Sovereignty
One of the biggest threats against global prosperity is the anti-tax competition project of a Paris-based international bureaucracy known as the Organization for Economic Cooperation and Development. The OECD, acting at the behest of the European welfare states that…
A Very Depressing Picture of Tax Complexity and Political Corruption
Read it and weep. Or maybe I should say look at it and weep. I suppose this is a good time to recycle my flat tax video. I don’t mention this in the video, but Hong Kong’s flat tax system, which has been around for more than 60 years, requires less than 200 pages….
The TSA Hokey-Pokey
Here’s a classic video from Reason TV mocking our intimate friends at the TSA. Enjoy…and share.
Mirror, Mirror, on the Wall, Which Nation Has the Most Debt of All?
Last night, I spoke at the closing dinner of the European Resource Bank. My message was simple and straightforward: Entitlement programs are killing the developed world. That’s not exactly a surprise, but what may be shocking is America’s relative position. In my…
Greetings from Ukraine, and Dismal News from Europe
I’m on the Crimean Peninsula for a meeting of the European Resource Bank. It’s my first trip to Ukraine, and the conference is being held at a hotel on the Black Sea, so I can’t complain about the scenery. But the news from the various European think tanks is…
The Joys of Government-Run Healthcare: More Spending, Longer Waiting Lines, Fewer Patients Treated
I’m a glass-half-full guy, so I’m always looking for the silver lining to any dark cloud. For example, the unfortunate people of the United Kingdom are saddled with a government-run healthcare system that is deficient in some important categories yet still costs a lot…
Is Portugal an “Adult Baby” Nation?
Yesterday, I took aim at a truly pathetic human being who lives as an “adult baby.” But what got me upset was not his lifestyle, but rather the fact that he was mooching off the taxpayers thanks to the dumb bureaucrats at the Social Security Administration, who…