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Economic Lesson from Europe for Hillary: Higher Tax Rates Are a Recipe for More Red Ink

We can learn a lot of economic lessons from Europe. Never adopt a VAT unless you want much bigger government. Bigger government means lower living standards. Don’t believe Bernie Sanders about the Nordic nations. Today, we’re going to focus on another lesson, which is that higher taxes lead to more red ink. And let’s hope […]

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Democracy, Societal Collapse, Public Choice, Goldfish, and Tax Competition

There’s a very powerful statement, variously attributed to Alexis de Toqueville, Benjamin Franklin, or Alexander Tytler, that basically warns that democracy is doomed when people figure out they can vote themselves money. There’s no evidence that any of them actually spoke or wrote those words, though I guess it doesn’t matter that the quote didn’t […]

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John Kerry’s Tax Haven Investments and other Examples of Statist Hypocrisy

What do left-wing firebrand Congressman Alan Grayson, Treasury Secretary Jacob Lew, Obama’s top trade negotiator Michael Froman, liberal financier Donald Sussman, and big-money Democratic donor Tom Steyer. all have in common? The answer is that they all engage in tax avoidance and tax planning by utilizing tax havens. Like many other Democrats (and Democrat donors), […]

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Lessons from State Tax Policy: Kudos for Tennessee and Texas, Mockery for New York and California

Just like with nations, there are many factors that determine whether a state is hindering or enabling economic growth. But I’m very drawn to one variable, which is whether there’s a state income tax. If the answer is no, then it’s quite likely that it will enjoy better-than-average economic performance (and if a state makes […]

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One Strike, Two Strikes, Three Strikes (and Many More Strikes) for Obamacare

The ongoing cluster-you-know-what of Obamacare is a source of unhappy satisfaction. Part of me is glad the law is such a failure, but it’s tragic that millions of people are suffering adverse consequences. These are folks who did nothing wrong, but now are paying more, losing employment, suffering income losses, and/or being forced to find […]

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Eminent Domain, “Higher Use”, a Conservative Cultural Analysis

You don’t have to look far to find a lot of fine internet sites who have become homes for ardent anti-Donald Trump sentiment. Some are even …

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