by Dan Mitchell | Mar 23, 2010 | Big Government, Blogs, Economic Growth, Taxation
When Dorothy and her friends finally reach Oz, they present themselves to the almighty Wizard, only to eventually discover that he is just an illusion maintained by a charlatan hiding behind a curtain. This seems eerily akin to the state of Keynesian economics. It...
by Dan Mitchell | Mar 22, 2010 | Blogs, Health Care, Taxation
I know I promised extra political humor this week, but here’s some extra policy pain. Not only does government-run healthcare mean more spending, more regulation,and more taxes, but it also means more power for the internal revenue service. A new report reveals...
by Dan Mitchell | Mar 22, 2010 | Blogs, Uncategorized
An insightful editorial from the Wall Street Journal examines how soak-the-rich taxes in Maryland backfired, leading to less revenue for the government. The politicians would like us to think this is just the effect of the recession, but the article points out that...
by Geoffrey MacLeay | Mar 21, 2010 | Big Government, Privacy, Taxation
According to the Sacramento Fox Network affiliate, a car wash in Sacramento recently came under investigation by the IRS and even received a visit from federal agents. The cause: The car wash owed a whopping four cents in backed taxes. Certainly there is a valid...
by Dan Mitchell | Mar 11, 2010 | Blogs, Taxation, Uncategorized
The geniuses in Washington have come up with a great idea to attract more tourists to the United States. Yes, you guessed correctly. The politicians are going to impose a tax! Normal readers are probably scratching their heads about the logic of attracting visitors by...
