George Bush ranks as one of America’s most fiscally irresponsible presidents. He increased overall spending from $1.8 trillion to $3.5 trillion and most of that new spending was used to create or expand domestic programs (no-bureaucrat-left-behind education…
Daily Analysis
H&R Block and the IRS: An Unholy Alliance to Ransack Taxpayers.
The late George Stigler, winner of the Nobel Prize in economics, is famous in part because of his work on “regulatory capture,” which occurs when interest groups use the coercive power of government to thwart competition and undeservedly line their own…
Karl Rove's Hypocritical Call for Fiscal Rectitude.
Even though I’ve been in Washington for almost 25 years, I still get shocked by the deceit and double-talk that characterizes this town. A perfect example can be found in last week’s Wall Street Journal, which features a column by Karl Rove attacking…
The Death Tax Is Dead!
Good news for entrepreneurs and investors, at least the ones who are very sick. As of January 1, the death tax is repealed. But this silver cloud has a couple of dark linings. First, the tax springs back to life next January 1, so healthy taxpayers are out of luck….