Daily Analysis

Bernanke's Hollow Deficit Warning

Even though I’ve been in Washington almost 25 years, I am endlessly amazed at the chutzpah of people who support higher spending and bigger government while piously lecturing the rest of us about the need to control deficits. Fed Chairman Ben Bernanke is a good…

Richard Rahn on the IRS and its (lack of) Morality

Richard Rahn recently wrote an article in the Washington Times about issues of morality and the IRS.  His conclusions about the oppressive nature of the federal tax bureaucracy and accurate contrasts with state tax agencies are particularly relevant in April.  Would…

Bashing the VAT in the New York Post.

My life is now devoted to saving America from the European-style national sales tax known as the value-added tax. Writing in the New York Post, I explain that the impact of a VAT in Europe is bigger government, not smaller deficits: The real-world evidence shows that…

Walter Williams: Is Secession the Answer?

Because the looters and moochers in Washington have made a mockery of the Constitution, Professor Williams wonders whether the only solution is for advocates of limited government to split off and create an America based on traditional principles of self reliance and…

Look Before You Leap on Nuclear Energy.

In his Townhall column, John Stossel cites my Cato colleague Jerry Taylor as he explains that nuclear energy may not be viable without government subsidies. President Obama recently announced $8 billion in loan guarantees for nuclear power plants. I smiled when I…

In Chicago the Dead Vote, in New York They Pay Taxes.

The New York City NBC affiliate reported this week that twenty six professional tax preparers were wanted or arrested on tax fraud charges as the result of a recent crackdown.  Some of the preparers allegedly used the names of dead people to collect fraudulent…

Washington Prospers While America Suffers.

Unemployment in the heartland may be high and incomes may be stagnating in most of the nation, but Washington, DC, continues to be an oasis of prosperity as more of the nation’s resources get consumed by government. The lastest evidence comes from the Washington…

Taxpayers vs. Bureaucrats, Part XXII.

Isn’t it nice that mere taxpayers, who overwhelmingly ride in the steerage section, are paying for bureaucrats to go on first-class and business-class junkets around the world? It’s “only” a $13-billion burden, so let’s not hear any…