by Dan Mitchell | Jan 20, 2011 | Big Government, Blogs, Regulations
The President garnered some attention for his January 18 column in the Wall Street Journal, in which he said we need to control the regulatory burden. Let’s start with the insincere part. He praised capitalism. America’s free market has not only been the source of...
by Brian Garst | Oct 21, 2010 | Blogs, Uncategorized
The hypocrisy of Washington elites is nothing new, as we’ve covered here and here, just to give two recent examples. Yet another example of hypocrisy is that of insider trading, which is disallowed for the peasants, but perfectly acceptable for members of Congress and...
by Dan Mitchell | Oct 19, 2010 | Blogs, Tax Havens, Taxation
Senator John Kerry is enriched by tax havens. Former Democratic Senator (and professional slug) John Edwards got to use tax havens. Former President Bill Clinton got to benefit from tax havens. Connecticut’s Attorney General (and Senate candidate), Richard Blumenthal,...
by Brian Garst | Sep 28, 2010 | Blogs, Economics, Minimum Wage, Regulations
Government bureaucrats think it is their business to prevent individuals from entering voluntary contracts with companies or organizations if the level of compensation does not meet some arbitrary threshold. Congress has used minimum wage laws to prevent certain...
by Dan Mitchell | Sep 27, 2010 | Big Government, Blogs, Flat Tax, Taxation, VAT
There’s a wise old saying about “don’t bite the hand that feeds you.” But perhaps we need a new saying along the lines of “don’t subsidize the foot that kicks you.” Here’s a good example: American taxpayers finance the biggest share of the budget for the Organization...