Kevin Williamson has a long-overdue piece in National Review making two essential points about supply-side economics and the Laffer Curve. First, he explains that tax cuts are not the fiscal equivalent of a perpetual motion machine. Simply stated, too many Republicans have fallen into very sloppy habits. They oftentimes fail to understand the difference between […]

I always appreciate a column that sounds like I could have been the author, and this editorial from the WSJ hits the mark. The IMF/EU bailout is just masking the problems of a bloated welfare state and giving politicians some breathing room to avoid making the real reforms that are needed: It hasn’t been a […]

The New York Times has an article describing widespread tax evasion in Greece, along with an implication that the country’s fiscal crisis is largely the result of unpaid taxes and could be mostly solved if taxpayers were more obedient to the state. This is an grossly inaccurate. A quick look at the budget numbers reveals […]

The President had another “spread the wealth” slip of the tongue the other day, this time remarking that “at some point you have made enough money.” Some have commented that this exposes Obama’s anti-capitalist ideology, and others have correctly noted that the government should have no role in determining the “right” level of income. But […]

Newt Gingrich writes in the Washington Post to defend his assertion that Obama is a socialist. He cites several examples of the President’s big-government agenda, which are excerpted below. These are all examples of bad policy, to be sure, but other than the student loan takeover, these are all examples of fascism rather than socialism. […]

 I have a column in the New York Post explaining that big government is a losing deal for taxpayers in the Empire State. I’m tempted to say they deserve to be over-taxed and over-regulated because they keep electing collectivists like Chuck Schumer, but I grew up in the area and still follow the Yankees, so […]

A great column in the Wall Street Journal explains how FDR’s policies hurt the economy. That is true, but the really interesting part of the column for me is that it explains how Roosevelt (and then Truman) were convinced the economy would return to depression after World War II unless there was another giant Keynesian […]

The overall fiscal burden in the United States may be lower than it is in Europe, but there are some features of the internal revenue code that are far worse than what can be found on the other side of the Atlantic. America has a “worldwide” tax system, for instance, which means that our government […]

My life is now devoted to saving America from the European-style national sales tax known as the value-added tax. Writing in the New York Post, I explain that the impact of a VAT in Europe is bigger government, not smaller deficits: The real-world evidence shows that VATs are strongly linked with both higher overall tax […]

Because the looters and moochers in Washington have made a mockery of the Constitution, Professor Williams wonders whether the only solution is for advocates of limited government to split off and create an America based on traditional principles of self reliance and individual freedom: I believe we are nearing a point where there are enough […]