I’ve already written about the terrible work of the Congressional Budget Office. The CBO did an awful job on the stimulus, for instance, repeatedly asserting that diverting money from the private sector to government somehow would create jobs. CBO also was a disaster…
Daily Analysis
Debunking White House Pro-Tax Increase Propaganda
The White House recently released a video, narrated by Austan Goolsbee of the Council of Economic Advisers, asserting that higher tax rates on the so-called rich would be a good idea. Since Goolsbee’s video made so many unsubstantiated assertions and was guilty of so…
Global Taxation: An Idea so Terrible that Even the Obama Administration Is Opposed
The old saying that “two wrongs don’t make a right” is especially true in the field of public policy. A good example is the crazy new proposal from the United Nations to collect billions of dollars by imposing global taxes on financial transactions and energy. That’s…
What Happens When Politicians Get a New Source of Revenue?
We’ve been spending too much time on elections, so let’s get back to pointing out inane, foolish, and destructive government policies. Our latest example comes from the United Kingdom, where politicians are pushing airline ticket taxes to punitive levels and harming…
A Comedian Gives Us a Halloween Tax Video
A good lesson for all children, though I tried to indoctrinate my kids throughout the year by explaining that we couldn’t buy certain things because the government stole too much of our money.
Should We Blame Obama, Rangel, and Baucus if People Die to Escape the Death Tax?
The death tax is a punitive levy that discourages saving and investment and causes substantial economic inefficiency. But it’s also an immoral tax that seizes assets from grieving families solely because someone dies. The good news is that this odious tax no longer…
Is the FAIR Tax a Political Liability?
In the past 15 years, I’ve debated in favor of a national sales tax, testified before Congress on the merits of a national sales tax, gone on TV to advocate for the national sales tax, and spoken with dozens of reporters to explain why the national sales tax is a good…
Nine Key Ballot Initiatives to Watch
While everyone is focused on whether Republicans will win control of the House and/or Senate, there are several issues that voters will directly decide that deserve close attention. Here are the nine initiatives that have caught my attention. I’m probably missing some…
Can We Trade Obama for Castro?
I’m not serious , of course, but it is rather ironic that Raul Castro is cutting the tax burden on small business at the same time that Obama is pushing for higher tax rates on small business. Reuters reports on the latest in supply-side communism. Cuba unveiled on…
The Political Class vs the American People
According to a new poll from Rasmussen, almost two-thirds of the American people want smaller government and lower taxes while only one-fourth want bigger government and higher taxes. Not surprisingly, the moochers and looters of the governing elite are wildly out of…