The War on Wealth

The War on Wealth

I did not like Bill Clinton’s 1993 class-warfare tax hike, and I also opposed Barack Obama’s 2012 fiscal-cliff tax increase on the so-called rich. But those were incremental measures. Today’s leftist politicians have much more grandiose schemes, such as 70 percent tax...
New CBO Numbers Confirm that Modest Spending Restraint Is the Ideal Way of Balancing the Budget

Government Shutdowns and Economic Activity

I don’t care about the current shutdown battle, but I still feel compelled to add my two cents when people make silly arguments about the economy suffering because government is temporarily spending less money. This is actually a two-part debate. From a microeconomic...