When I wrote recently that the IRS was corrupt, venal, and despicable, I didn’t realize that I was bending over backwards to be overly nice. Every new revelation in the scandal shows that the agency is beyond salvage. Writing for Real Clear Markets, Diana Furchtgott-Roth of the Manhattan Institute is appropriately skeptical of the IRS. Coincidentally, Lerner’s computer crashed […]
read more...Some statements are so lame that they now serve only as punch lines. Nobody, after all, would ever claim to a teacher that “the dog ate my homework.” Moreover, surely few if any people ever actually assert to bill collectors that “the check is in the mail.” And I have to imagine that no guy […]
read more...It’s not as sophisticated as Professor Bryan Caplan’s Purity Quiz and it doesn’t have the simple elegance of the World’s Smallest Political Quiz, but at least you don’t need to answer any questions to see where you stand in this Venn Diagram that my intern shared with me. We don’t know who created it, but it’s a clever […]
read more...I realize this may be a thought crime by DC standards, but it sure would be nice to eliminate the high tax rates that undermine economic growth and reduce American competitiveness. At the risk of sharing too much information, I fantasize about a world without the internal revenue code. In addition to getting rid of high tax rates, […]
read more...Looking at labor markets, my biggest concern is the drop in labor force participation. The data from the Labor Department on the employment-population ratio, for instance, suggest a permanent reduction in the share of the population that is working. And since economic output and living standards ultimately depend on the quality and quantity of labor and capital […]
read more...One of my missions in life is fundamental tax reform. I would like to replace the corrupt internal revenue code with a simple and fair flat tax. Though what I really want is a tax system that minimizes the damage of extracting money from the productive sector of the economy, so I’ll take any system […]
read more...The IRS is worthy of scorn. It is a bloated bureaucracy that routinely violates the rights of taxpayers. But even I didn’t think it was possible for a collection of bureaucrats to display the blithering incompetence necessary to send $46 million of handouts to nearly 24,000 fake returns filed from a single address. Yes, a […]
read more...Did President Obama and his team of Chicago cronies deliberately target the Tea Party in hopes of thwarting free speech and political participation? Was this part of a campaign to win the 2012 election by suppressing Republican votes? Perhaps, but I’ve warned that it’s never a good idea to assume top-down conspiracies when corruption, incompetence, […]
read more...Early in 2010, I wrote about a reprehensible IRS plan to create a cartel in the tax preparation industry, which would screw small firms and entrepreneurs to help line the pockets of big companies such as H&R Block. And, earlier this year, I specifically criticized the IRS Commissioner for moving ahead with this scheme, which […]
read more...This interview with the IRS Commissioner is really irritating. He wants us to believe that all the problems exist because of bad laws enacted by Congress. I certainly agree that the crowd in Washington is venal, corrupt, and duplicitous. But the IRS takes a bad situation and makes it worse, whether we’re looking at gross […]
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