Obamacare may not be good news for taxpayers or consumers, but let’s look at the bright side. At least the law has generated some superb political humor, including funny videos. *The head of the National Socialist Workers Party finds out he can’t keep his health plan….
Daily Analysis
Underwhelmed: Grading the New Tax Reform Plan from the Chairman of the Ways & Means Committee
An underwhelming proposal.
ABBA and the Story of the Most-Inane-Ever Tax Controversy
The tax code is a complicated nightmare, particularly for businesses. Some people may think this is because of multiple tax rates, which definitely is an issue for all the non-corporate businesses that file “Schedule C” forms using the personal income tax. A…
Great Moments in Tax Enforcement
I’ll be first in line if there’s a contest over who thinks most strongly thatpoliticians are corrupt, or whether they can waste money in creative ways. But if somebody asserts that politicians are stupid, I’m going to argue on the other side. This isn’t because I’m a…
Message from the Political Class: All Your Money Belongs to Us
What’s the defining characteristic of our political masters? Going all the way back to when they ran for student council in 6th grade, is it a craven desire to say or do anything to get elected? Is it the corrupt compulsion to trade earmarks, loopholes, and favors in…
A Primer on the Laffer Curve to Help Understand Why Obama’s Class-Warfare Tax Policy Won’t Work
My main goal for fiscal policy is shrinking the size and scope of the federal government and lowering the burden of government spending. But I’m also motivated by a desire for better tax policy, which means lower tax rates, less double taxation, and fewer corrupting…
What Motivates the Left, Envy or Greed?
Why do statists support higher tax rates? The most obvious answer is greed. In other words, leftists want more tax money since they personally benefit when there’s a larger burden of government spending. And the greed can take many forms. They may want bigger…
Hungary Rejects OECD Call To Hike Taxes
The Bureaucrats at the OECD don’t pay any taxes on their own salaries, but they work very hard to make sure everyone else is hit with exorbitant rates. They’ve persistently fought against tax competition to make it easier for politicians to raise taxes…
We Need a Debate about the Size of Government, but It Helps to Understand Basic Fiscal Facts
Self awareness is supposed to be a good thing, so I’m going to openly acknowledge that I have an unusual fixation on the size of government. I don’t lose a wink of sleep thinking about deficits, but I toss and turn all night fretting about the overall burden of…
A “Human Right” to Other People’s Money
One of the many differences between advocates of freedom and supporters of statism is how they view “rights.” Libertarians, along with many conservatives, believe in the right to be left alone and not molested by government. This is sometimes referred to in the…