This has a similar title to an earlier blog post, but the topic is completely different. The U.K.-based Times has a fascinating story about how tax rates are driving business out of London, thus showing the insanity of class-warfare tax policy. Two excerpts are must…
Daily Analysis
Sounds Like the School Bureaucrats Need Counseling, not the Student.
This story from San Diego seems like a typical case of bureaucratic over-reaction. A school vice principal decided that a student’s science project may have been a bomb, so he set in motion events leading to a school evacuation. Without knowing further details,…
Omen for Massachusetts?
As reported by the Financial Times, Sebastian Pinera, the brother of Cato’s Jose Pinera, was elected President of Chile this weekend. The press is viewing Pinera’s election through the right-left lens of Latin American politics, but this is a bit…
Four Lessons from Massachusetts.
While there is always a tendency in Washington to over-analyze the meaning of elections, I think that we can draw the following conclusions from Scott Brown’s victory: 1. Obamacare is an albatross for the Democrats. The White House wants to blame Coakley for…
ObamaCare's Unintended Consequences.
In a recent Wall Street Journal article, Steve Moore notes that the Senate health care bill creates incentives for dual income couples to avoid marriage: Marriage is a revered institution in America but not apparently under the Congressional health care legislation,…
The First Shot of the Second American Revolution.
I must confess that I didn’t think Scott Brown was going to win the election in Massachusetts, even though I predicted a 50-48 GOP victory. This is a monumental development. It doesn’t necessarily mean Obamacare can be stopped. And it may be that Brown…
IRS Commissioner Uses Professional Tax Preparer.
The internal revenue codes is so mind-numbingly complex that even the head of the IRS uses a professional tax preparer. But that’s hardly a surprise. What is a bit shocking, though, is that Commissioner Shulman has the gall to claim that he favors tax code…
Does TSA Stand for Three Stooges Association.
The government is so incompetent that it never put the Christmas-day underwear-bomber on the no-fly list – even though the nutjob’s father reported his son’s radical views to American authorities. But the TSA for several years has targeted Mikey…
Tom Sowell vs. Empty Pseudo-Intellectualism.
Do stores in low-income neighborhoods charge higher prices because of racism, or greed? That’s what some academics argue, but Tom Sowell points out that there are real economic factors that drive pricing decisions. The example below is about stores, but his IBD…
The English Have Gone Bonkers.
This blog periodically makes fun of England (even though it is one of my favorite nations) for big government and political correctness, but these two stories caused my jaw to drop. First, the Daily Mail reports that a man was jailed for several hours because he was…