Another Frenchman has “gone Galt.” First, it was France’s richest entrepreneur. Now, it’s the nation’s most famous actor. Gerard Depardieu has officially announced – in a letter to France’s thuggish Prime Minister – that he is tired of paying 85 percent of his income to finance the vote-buying actions of France’s kleptocratic political elite. Instead, […]
read more...One of the key ways of controlling state and local tax burdens, according to this map from the Tax Foundation, is to not have an income tax. But that’s not too surprising. States have just a couple of ways of generating significant tax revenue, so it stands to reason that states without an income tax […]
read more...I periodically mock the crazy statists of California. The state is almost surely doomed to suffer a Greek-style fiscal chaos. The only unknown is whether Illinois will beat the Golden State into default. The politicians in Sacramento impose very high taxes to fund a bloated bureaucracy that oversees a bunch of politically correct nonsense. But […]
read more...The fiscal nightmare in Europe should be all the proof that’s needed about the dangers of wasteful spending and punitive tax rates. Unfortunately, if his proposals for bigger government and class-warfare tax policy are any indication, President Obama still seems to think those policies would be good for America. American states also are a laboratory, […]
read more...It is very sad that America’s tax system is so onerous that some rich people feel they have no choice but to give up U.S. citizenship in order to protect their family finances. I’ve written about this issue before, particularly in the context of Obama’s class-warfare policies leading to an increase in the number of […]
read more...New Jersey gets abused by comedians as being some sort of dump, but there are some scenic parts of the state. So it actually can be a nice place to live. That being said, it’s not a good place to die. Here’s a chart from the American Family Business Foundation that was featured in a […]
read more...It may not be very nice to say “I told you so” when the warnings you issue become reality, but I’m not a nice person (at least when it comes to greedy politicians imposing stupid policy). So I’ll openly admit that I’m happy to read that entrepreneurs and job creators already are beginning to escape […]
read more...This arrived in my inbox today. A quick search on the Internet reveals it is not a real article from a Canadian paper. But it is somewhat amusing, so enjoy. “Build a Damn Fence!” From The Manitoba Herald , Canada ; by Clive Runnels, December 1st 2010 The flood of American liberals sneaking across the […]
read more...The world is a laboratory and different nations are public policy experiments. Not surprisingly, the evidence from these experiments is that nations with more freedom tend to grow faster and enjoy more prosperity. Nations with big governments, by contrast, are more likely to suffer from stagnation. The same thing happens inside the United States. The […]
read more...On my recent trip to Colorado, I had dinner with Congressman Jared Polis, a Democrat from Boulder. He’s not exactly a small-government conservative, but he understands the importance of low marginal tax rates, free trade, and other important economic principles (whether he votes the right way is a separate question, of course, so I’m curious […]
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