More Economic Illiteracy from Pope Francis

More Economic Illiteracy from Pope Francis

Back in 2013, I talked to the BBC about Pope Francis and his bizarre hostility to free enterprise. Sadly, it doesn’t appear that the Pope took my advice (though I think it’s amusing that at least someone in the Vatican is paying attention). There’s a wealth of...
Refundability = Redistribution

Refundability = Redistribution

I generally identify three big problems with the tax code. High tax rates on productive behavior. Double taxation of saving and investment. Loopholes to encourage inefficiency. But it may be time to include another item. Politicians have learned how to use...