Daily Analysis

Two More Reasons to Hate Taxes

When all you have is a hammer, everything begins to look like a nail. That old saying makes a lot of sense. As a tax economist, I’m sometimes guilty of looking at all sorts of issues based on their relationship with the tax code. In my defense, however, the tentacles…

Cops Arrest Homeowner for Crime of Self-Defense

A man in New York recently scared off some gang members by firing a couple of warning shots into the ground. When the cops arrived, did they congratulate the man for protecting his family and start looking for the thugs? That’s what would happen in a logical and just…

Obama’s Stimulus Means Redistribution from Poor to Rich

This New York Post chart shows that the already-bloated federal workforce has expanded since the downturn began. And since compensation for federal bureaucrats is twice the average for other workers, it certainly seems like Obama is playing a perverse game of class…

The World’s Biggest Political Clown?

I’m working on a serious blog post about European fiscal developments, but my research on that issue has alerted me to a couple of stories about President Jose Manuel Barroso that cry out for immediate mockery and abuse. Mr. Barroso, for those that don’t follow the…

Encouraging School Choice News from Pennsylvania

When Democrat and Republican candidates for governor in a large state both endorse school vouchers, that doesn’t necessarily mean genuine educational reform will take place, but it surely is a positive sign. If a state like Pennsylvania breaks the grip of the teacher…

IRS Pencil Sharpener

This is just a rumor, but some of the “stimulus” money has been spent to buy new pencil sharpeners for the IRS. Apparently, the new equipment puts agents in the right frame of mind before auditing taxpayers.

Obama’s New Stimulus Schemes: Same Song, Umpteenth Verse

Like a terrible remake of Groundhog Day, the White House has unveiled yet another so-called stimulus scheme. Actually, they have two new proposals to buy votes with our money. One plan is focused on more infrastructure spending, as reported by Politico. Seeking to…

Labor Day, Unions, and the Role of Government

In a free society, people obviously should be free to join unions and companies should be free to negotiate with unions. But that also means that companies should be free to resist union demands and hire non-union workers. There is no right or wrong in these battles,…

Heads, They Win; Tails, We Lose

State and local politicians have rigged the property tax system so they always come out ahead. When home values are rising (even if incomes are flat), they automatically collect more revenue. Sometimes they even decide to reduce the tax rate, though rarely if ever by…

Venezuela’s Evil Government

Hugo Chavez is a palpably evil thug, and he confirms this status with a new proposal to issue cards that almost certainly will be used to ration food. Left-wing despots claim that their policies put “people above profits,” but they never can explain why people…