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Tag Archives : subsidies

Killing Obama’s “Build America Bonds” Is a Big Reason to Like the Tax Deal

Killing Obama’s “Build America Bonds” Is a Big Reason to Like the Tax Deal

Posted on December 11, 2010

There are plenty of reason to like and dislike the tax deal between President Obama and congressional leaders. On the plus side, we dodge a big tax increase for the next two years. We also replace a goofy and ineffective “make work pay” tax credit with a supply-side oriented reduction in the payroll tax rate […]

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Why Is David Cameron Funding the Left in the UK…and Will Republicans Defund the Left in America?

Why Is David Cameron Funding the Left in the UK…and Will Republicans Defund the Left in America?

Posted on December 7, 2010

Here’s a new video from the Taxpayers Alliance in the United Kingdom exposing how left-wing environmental groups get funded by government handouts.

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With Ethanol Handouts Up for Renewal, Will the GOP Side with Corrupt Lobbyists or Free Markets?

With Ethanol Handouts Up for Renewal, Will the GOP Side with Corrupt Lobbyists or Free Markets?

Posted on November 8, 2010

Tim Carney of the Washington Examiner has a great piece looking at the utterly indefensible panoply of ethanol subsidies and handouts that screw consumers and taxpayers in order to line the pockets of the politically powerful. Unfortunately, several senior GOP lawmakers have unseemly ties to the lobbyists for the industry. So this is a test, […]

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Does the War on Poverty Fight Destitution or Subsidize It?

Does the War on Poverty Fight Destitution or Subsidize It?

Posted on September 14, 2010

The Census Bureau will be releasing new poverty-rate numbers on Thursday and the numbers are expected to show a big move in the wrong direction. Much of the coverage will be on how much the poverty rate increases, with 15 percent being a likely amount according to some estimate. There also will be lots of […]

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End of the Road for the “Green Jobs” Scam?

End of the Road for the “Green Jobs” Scam?

Posted on September 12, 2010

Like other forms of so-called stimulus spending, the money devoted to supposed ”green” energy programs has been a net drain on the economy. This is hardly a surprise, particular since the much-trumpeted Spanish experiment turned out to be a flop, destroying two jobs elsewhere in the economy for every green job created. But what is surprising […]

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“Dump Fannie and Freddie in the Potomac”

“Dump Fannie and Freddie in the Potomac”

Posted on August 17, 2010

I appeared on CNBC earlier today to explain why a stake should be driven through the heart of Fannie Mae and Freddie Mac. My debate opponents seems to be somewhat on the right side and admits that Fannie and Freddie are bad news, but inexplicably wants to keep them alive.

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Should Interpretive Dances about Sexual Abuse of Altar Boys Receive Taxpayer Subsidies?

Should Interpretive Dances about Sexual Abuse of Altar Boys Receive Taxpayer Subsidies?

Posted on August 5, 2010

I may have to rethink my pessimistic assessment of David Cameron. As I’ve noted before, he strikes me as a George-Bush-style big-government faux conservative. But according to this Washington Post article, the coalition government in the UK may impose some real budget cuts (as opposed to phony Washington-type cuts that are just reductions in planned […]

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Fight over For-Profit Colleges Shows the Corrupting Influence of Federal Subsidies

Fight over For-Profit Colleges Shows the Corrupting Influence of Federal Subsidies

Posted on January 31, 2010

The invaluable Tim Carney of the Washington Examiner is an expert at exposing the corruption of big government, and his article about for-profit colleges and government-subsidized tuition shows that everybody involved in this fight is sleazy. Unfortunately, no matter who wins, the taxpayers lose. It’s also worth pointing out that the main effect of government-financed […]

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