by Dan Mitchell | Aug 9, 2010 | Big Government, Blogs, Taxation
Caroline Baum of Bloomberg has an excellent column explaining why soak-the-rich taxes don’t work. Simply stated, wealthy people are not like you and me. They have tremendous control over the timing, composition, and level of their income. When the rich are hit with...
by Dan Mitchell | Jul 9, 2010 | Big Government, Blogs, Tax Competition, Taxation
Supporters of the Cleveland Cavaliers, especially the owner of the team, are upset that basketball superstar LeBron James has decided to sign with the Miami Heat. The anger is especially intense because the Cavaliers offered $4 million more over the next five years....
