by Dan Mitchell | Aug 22, 2010 | Blogs, Tax Competition, Taxation
I ran across two interesting lists showing how politicians at the state and local level are often just as bad as the ones in Washington, DC. First, Forbes has an article identifying the 10 states with the highest income tax rates. The top rate is a big deterrent to...
by Dan Mitchell | Aug 8, 2010 | Big Government, Blogs, Taxation
My default assumption is that all politicians will do the wrong thing when they have to choose between defending freedom and appeasing special interests. Even the ones that spout good rhetoric often do the wrong thing, particularly after a couple of years in office...
by Dan Mitchell | Aug 6, 2010 | Big Government, Blogs
Julie Murphy is obviously a dangerous criminal. What else would you call a 7-year-old girl who does something as dangerous and illegal as operating a lemonade stand without getting a $120 temporary restaurant license? Fortunately, the health and safety of the people...
by Dan Mitchell | Aug 5, 2010 | Big Government, Blogs
If you have municipal bonds issued by the city of Los Angeles, you may want to dump them while there’s still time. The LA Times reports that one-third of the city’s budget in 2015 will get consumed by pensions and benefits for retired bureaucrats. The cost of...
by Dan Mitchell | Jul 30, 2010 | Blogs, Uncategorized
Whether we’re looking at TARP bailouts, Obamacare, or tax loopholes, a common theme is that politicians implement a policy by arguing they want to help the less fortunate. When the dust settles, however, it is often the case that politically well-connected rich people...
