I’ve debated Robert Reich on issues such as tax havens, class warfare, and oil companies. Those interactions apparently aren’t enough, though, since several people have asked me to debunk this Reich video. But I had no desire to address Reich’s demagoguery, in part because I’ve already put together videos that deal with most of his […]
read more...Never let it be said I back down from a fight, even when it’s the other team’s game, played by the other team’s rules, and for the benefit of the wrong person. And that definitely went through my mind when U.S. News & World Report asked me to contribute to their “Debate Club” on the […]
read more...Leftists want higher tax rates and they want greater tax compliance. But they have a hard time understanding that those goals are inconsistent. Simply stated, people respond to incentives. When tax rates are punitive, folks earn and report less taxable income, and vice-versa. When tax rates increase, sometimes they engage in tax avoidance, lowering their […]
read more...President Obama’s two biggest “achievements” since taking office are the so-called stimulus and government-run healthcare. But neither one of those policies are popular, so the President largely ignored them during his state-of-the-union address and instead focused on using the tax code to promote “fairness.” But fairness doesn’t mean treating everyone equally by adopting a flat […]
read more...Last year, I debunked the silly claim that Obama is a conservative. I almost didn’t write that post. Some things, after all, presumably don’t require a response. Would I waste my time, for instance, responding to someone who claimed that Milton Friedman was a communist? But sometimes it’s necessary to counter absurd arguments, precisely so […]
read more...In the past 20-plus years, I’ve seen all sorts of arguments for class-warfare taxation. These include: President Obama says he wants higher tax rates for fairness, even if the government doesn’t collect any revenue. Rich leftists say they want higher taxes because they can afford to pay, but then refuse when offered a chance to […]
read more...I did a debate on income inequality for PBS, but haven’t written much about the issue because I think it is a misguided diversion. One frustrating aspect of this debate is that folks on the left genuinely seem to think the economy is a fixed pie and that rich people get money by impoverishing others. […]
read more...The statists are making a big issue out of income inequality, hoping to convince ordinary Americans that redistribution is their only hope for a better life. I’ve explained with a pizza analogy that this is horribly misguided because it falsely assumes the economy is a fixed pie. Simply stated, it doesn’t make sense – or […]
read more...I’ve written before about whether California is the Greece of America, in part because of crazy policies such as overpaid bureaucrats and expensive forms of political correctness, And we all know that California has one of the nation’s greediest governments, imposing confiscatory tax rates on a shrinking pool of productive citizens. So it is hardly […]
read more...I’ve written before about how some leftists have a masochistic desire to pay higher taxes. I’ve also exposed Warren Buffett’s dishonest math, which is part of his campaign for bigger government. And I’ve even debated rich statists on TV, telling them not to make the rest of us victims of their neurotic guilt feelings. So […]
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