Every so often, perhaps inadvertently, a collectivist says something very smart. In the case of Lula da Silva, Brazil’s socialist president, he made the common-sense observation that you can’t redistribute without first producing. He didn’t quite realize what he was saying, one imagines, since he presumably would have realized that capitalism is a superior system […]
read more...Every so often, perhaps inadvertently, a collectivist says something very smart. In the case of Lula da Silva, Brazil’s socialist president, he made the common-sense observation that you can’t redistribute without first producing. He didn’t quite realize what he was saying, one imagines, since he presumably would have realized that capitalism is a superior system […]
read more...Richard Rahn’s Washington Times column makes several key points about corporate taxation, including the fact that excessive taxation of capital (the corporate income tax being just one example) is extremely foolish such taxes impose the most damage – per dollar collected – when compared with other forms of revenue. To add injury to injury, the […]
read more...I recently posted favorable comments about a National Review article that made two important points about fiscal policy and supply-side economics. First, the article reminded “supply siders” that the burden of government spending is very important (and very worrisome). Second, the article correctly explained that not all tax cuts are created equal, and Republicans should […]
read more...There are a handful of issues that expose hypocrites on both sides of the philosophical spectrum. Republicans and conservatives love to talk about free markets, for instance, but you often find them voting for completely sleazy and corrupt forms of corporate welfare such as the ethanol subsidy for big agri-business. For Democrats and leftists, a […]
read more...Apologies to Elizabeth Barrett Browning, but I had to paraphrase her famous line after reading this Bill McGurn column in the Wall Street Journal about how Republican poliitcal hacks in the Illinois state legislature voted to kill a voucher bill that would have rescued inner-city children trapped in terrible government monopoly schools. If you don’t […]
read more...Actually, that’s too broad of a brush, but I do despise people of any nationality who think that they are entitled to mooch off the labor and capital of others. I also fear for my country because of such people. Benjamin Franklin is rumored to have said that, “When the people find they can vote […]
read more...Eli Lehrer writes in the Weekly Standard this week about a bill from Congressman Ron Klein that seems to be companion legislation to Congressman Richard Neal’s Reinsurance Bill. The article correctly points out the anti-market effects of such legislation: Those who think the federal government needs even more debt and more responsibilities will love Florida […]
read more...The New York Times ran an article this week about an increasing number of Americans living and working abroad who are considering taking the drastic step of giving up their American citizenship. Most of these expats would ideally like to maintain their citzenship but are being pressured to relinquish it by America’s complicated tax code and system […]
read more...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. […]
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