Tag Archives : Income redistribution
Where in the Developed World Are Average Workers Most Over-Taxed?
It’s bad news for workers.
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Child Care, Head Start, Early Childhood Education, and Washington, D.C.’s Plan to Hurt Poor People
Head Start has a lot of undeserved support.
read more...A Picture of How Redistribution Programs Trap the Less Fortunate in Lives of Dependency
I wrote last year about the way in which welfare programs lead to very high implicit marginal tax rates on low-income people. More specifically, they lose handouts when they earn income. As such, it is not very advantageous for them to climb the economic ladder because hard work is comparatively unrewarding. Thanks to the American […]
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Food Stamps, Handouts, and the Ever-Expanding Welfare State
In their never-ending efforts to buy votes with other people’s money (see the first cartoon in this post), politicians have been expanding the welfare state and creating more dependency. This is bad for the overall economy because it means a larger burden of government spending and it’s bad for poor people because it undermines their […]
read more...Obama’s Using Our Tax Dollars to Leverage More Food Stamp Dependency
In past posts, I’ve groused about food stamp abuse, including people using them to buy luxury coffee at Starbucks and to purchase steaks and lobster. I’ve complained about college kids scamming the program, the “Octo-Mom” mooching off the program, and the Obama Administration rewarding states that sign up more food stamp recipients. Well, the Obama White House is doubling […]
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Why on Earth Should We Consider Tax Increases When Politicians and Bureaucrats Allow Multi-Billion Dollar Losses of Taxpayer Money Because of Waste, Fraud, and Abuse?
Maybe I’m just old fashioned, or maybe I’m a bit stiff-necked, but I will never relent in my opposition to tax increases so long as the crowd in Washington is spending money on things that are not appropriate functions of the federal government. But that’s just one obstacle that has to be overcome. I will […]
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Gee, I’m Glad I Pay Taxes to Give Food Stamps to a Millionaire
Not that we needed any additional evidence that the government wastes money in truly spectacular fashion, but this story from the Detroit Free Press is especially disgusting and outrageous. A man who won $2 million on a Michigan lottery show has told a TV station that he still uses food stamps. Leroy Fick of Bay […]
read more...This Cartoon Is Very Funny, but also Does a Great Job of Teaching Economics
Economists often do a crummy job of teaching people about the impact of fiscal policy on the labor force, largely because we put people to sleep with boring discussions about “labor supply” decisions (my blog post from last year perhaps being an example of this tendency). From now on, I will try to remember to […]
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