We know that countries suffer when taxes get too high, in part because investors, entrepreneurs, and other successful taxpayers escape to jurisdiction with less oppressive fiscal regimes. France is a glaring example. On steroids. We know that states also suffer when the tax burden becomes too onerous, leading to an exodus of jobs and investment. […]
read more...I posted a video back in 2010 that used biting humor to complain about overpaid firefighters. That video stirred a hornet’s nest, generating some spirited debate in the comments section. But there was no resolution, in part because you can’t make sweeping judgements when firefighter pay is determined locally. Some firefighters may be underpaid and […]
read more...I recently speculated whether Detroit’s fiscal problems should be a warning sign for the crowd in Washington. The answer, of course, is yes, though it’s not a perfect analogy. The federal government is in deep trouble because of unsustainable entitlement programs while Detroit got in trouble because of a combination of too much compensation for […]
read more...Government officials do some really crazy things in the name of law enforcement. I recently wrote about an armed raid on an animal shelter in order to execute a baby deer. That was paramilitary overkill (pun intended), though it probably didn’t waste as many tax dollars as the regulatory overkill of the year-long sting operation […]
read more...The bad news is that governments do a lot of things they shouldn’t do. The good news is that I never run out of material. I’ve even created some sub-categories, such as my U.S. vs U.K. government stupidity contest and my great-moments-in-local-government series. But I never thought I would have a special category about bureaucrats […]
read more...In an interview last week about Detroit’s bankruptcy, I explained that the city got in trouble because of growing dependency and an ever-rising burden of government spending. I also warned that the federal government faces the same challenge. Washington is in trouble mostly because of poorly designed entitlement programs rather than excessive compensation for a […]
read more...About two weeks ago, while making an important point about the Laffer Curve, here’s what I wrote about the fiscal disaster in Detroit. Detroit’s problems are the completely predictable result of excessive government. Just as statism explains the problems of Greece. And the problems of California. And the problems of Cyprus. And the problems of […]
read more...I’m a strong believer in federalism, but not because I think state and local governments are competent. Politicians and interest groups are a toxic combination in all circumstance. But at least people have considerable ability to cross borders if they want to escape greedy and despotic governments at the state and local level. And when […]
read more...Milton Friedman famously noted that, “Nothing is so permanent as a temporary government program”and Ronald Reagan sagely observed that “a government bureau is the nearest thing to eternal life we’ll ever see on this earth.” They’re both right, but they should have included the other half of the fiscal equation. Repealing a tax, even a […]
read more...I can say with great confidence that government bureaucrats are overpaid compared to people in the productive sector of the economy. Why am I sure that this is true, particularly when the so-called Federal Salary Council claims bureaucrats are underpaid? For the simple reason that the “job opening and labor turnover” data from the Department […]
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