Earlier this year, I had some fun when it was revealed that the President’s new Treasury Secretary had a lot of money in the Cayman Islands. After all, leftists want us to believe tax havens are rogue regimes that should be eliminated. Some of them even want military…
I want a smaller burden of government spending, so you can only imagine how frustrating it is for me to observe the fight in Europe. On one side of the debate you have pro-spenders, who call themselves “growth” advocates, but are really just Keynesians. On the other…
As a long-time advocate of tax reform, I’m not a fan of distortionary loopholes in the tax code. Ideally, we would junk the 74,000-page internal revenue code and replace it with a simple and fair flat tax – meaning one low rate, no double taxation, and no favoritism.*…
I’ve frequently argued that “third-party payer” is the main problem with the healthcare system. In simpler terms, this is the notion that a market won’t function very well if consumers think they’re spending someone else’s money. Why be a careful consumer, after all,…
I shared some fascinating details the other day about how federal taxes inhibited the development of America’s beer industry. And I’ve used a story about buddies sharing beer to illustrate the dangers of redistribution and class warfare. But this blog hasn’t paid much…
Did President Obama and his team of Chicago cronies deliberately target the Tea Party in hopes of thwarting free speech and political participation? Was this part of a campaign to win the 2012 election by suppressing Republican votes? Perhaps, but I’ve warned that…
Whether it’s American politicians trying to extort more taxes from Apple or international bureaucrats trying to boost the tax burden on firms with a global corporate tax return, the left is aggressively seeking to impose harsher fiscal burdens on the business…
Senator Rand Paul is perhaps even better than I thought he would be. He already is playing a very substantive role on policy, ranging from his actions of big-picture issues, such as his proposed budget that would significantly shrink the burden of government…
The Senate is holding a Kangaroo Court designed to smear Apple for not voluntarily coughing up more tax revenue than the company actually owes. Here are four things you need to know. Apple is fully complying with the tax law. There is no suggestion that Apple has done…
I feel like I’m on the witness stand and I’m being badgered by a hostile lawyers. Readers keep asking me to identify the revenue-maximizing point on the Laffer Curve. But I don’t like that question. In the past, I’ve explained that the growth-maximizing point on the…