I don’t like coercive redistribution. But I really hate redistribution from ordinary people to rich and powerful vested interests, and I even developed an “ethical bleeding heart” rule to express my disdain for this approach. Especially since programs that redistribute from the poor to the rich almost always involve corruption – often involving morally bankrupt […]
read more...I wrote yesterday that the United Kingdom is doomed because there isn’t a political party with the vision or courage to restrain the welfare state. At various points, I’ve also expressed pessimism about the future of France, Germany, Italy, Spain, Ireland, and even the United States. Simply stated, almost all western nations suffer from the […]
read more...In previous posts, I put together tutorials on the Laffer Curve, tax competition, and the economics of government spending. Today, we’re going to look at the issue of tax reform. The focus will be the flat tax, but this analysis applies equally to national sales tax systems such as the Fair Tax. There are three […]
read more...One of my very first blog posts was about the link between big government and big corruption. For the rest of my life, I can now cite the Obamacare travesty as an example. Here’s some of what Tim Carney wrote for the Washington Examiner. Chief Justice John Roberts’ judicial sleight of hand, transforming Obamacare’s mandate […]
read more...The pro-statism crowd routinely argues that we need more government. Every so often, though, one of them inadvertently stumbles on the truth. But they then refuse to draw the logical conclusion. For instance. One of President Obama’s health appointees noted that quality increases and prices fall when markets are allowed to operate – yet he […]
read more...One of my first posts on this blog featured this video showing how big government breeds corruption. I’ve periodically provided examples of how this process works, citing Alaska, Chicago, Wall Street, and Washington. Here’s another example, explicitly showing how big business and big government get in bed together to rape and pillage taxpayers. The sleazy […]
read more...I wrote last year about a backlash from long-suffering Greek taxpayers. These people – the ones pulling the wagon rather than riding in the wagon – are being raped and pillaged by a political class that is trying to protect the greedy interest groups that benefit from Greece’s bloated public sector. We now have another […]
read more...President Obama, echoed by the establishment media, routinely trumpets Warren Buffett’s support for higher taxes. If this rich guy is willing to pay more, the story goes, then surely the rest of us peasants should just roll over and acquiesce to the President’s class-warfare tax policy. Well, one reason we shouldn’t surrender is that Buffett […]
read more...I’ve written before about the sleazy and corrupting impact of earmarks. And I’ve debunked the lobbyist arguments in favor of earmarks. Heck, I’ve even done NPR interviews about this unseemly Washington practice. So I like to think I’m reasonably knowledgeable about the system. But even I’m shocked to learn how a former Massachusetts Congressman has […]
read more...I’ve written many times about politicians and bureaucrats screwing taxpayers with lavish compensation packages, but this story from Philadelphia is jaw dropping. Councilwoman Marian B. Tasco is retiring Friday, but only so she can collect a $478,057 pension check and return to work Monday, when she will be sworn in for her seventh term. Tasco […]
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