New Jersey gets abused by comedians as being some sort of dump, but there are some scenic parts of the state. So it actually can be a nice place to live. That being said, it’s not a good place to die. Here’s a chart from the American Family Business Foundation that was featured in a […]
read more...You readers have been presented with a series of challenging quizzes on topics such as Sharia law, healthcare, incest, and vigilante justice. Let’s now shift to the world of taxation. We all know governments routinely make life hard for taxpayers. The IRS, for example, is a rather brutal bureaucracy, as explained in this video. But […]
read more...Appearing on Bloomberg TV, I pontificate about the good, the bad, and the ugly in the recent tax deal. I also make what I hope are good points about the Laffer Curve and the meaning of deficits. The video won’t embed, but just click here and you can watch it on youtube. As always, feedback […]
read more...I debated a couple of pro-tax increase folks on the Diane Rehm show Monday. If you have a spare 51 minutes and want to hear me spar with Alice Rivlin and David Walker on National Public Radio, you can listen to the discussion by clicking this link. Feedback actually is much appreciated. Let me know […]
read more...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 exists. It disappeared on January 1, 2010, thanks to the 2001 tax cut legislation. […]
read more...Australia got rid of its death tax in 1979. A couple of Aussie academics investigated whether the elimination of the tax had any impact on death rates. They found the ultimate example of supply-side economics, as reported in the abstract of their study. In 1979, Australia abolished federal inheritance taxes. Using daily deaths data, we […]
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