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Forever Free…

We often speak around here of overreaching executive orders but, it is hard to match the one whose anniversary we celebrate today. Today is the anniversary of Abraham Lincoln’s Emancipation Proclamation. For a document that in practical terms did nothing, it only applied where the government’s writ did not run, it changed the world. “That […]

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The OECD’s Scheme to Raise Tax Burdens on Workers, Consumers, and Investors

People pay every single penny of tax that politicians impose on corporations. The investors that own companies obviously pay (more than one time!) when governments tax profits. The workers employed by companies obviously pay, both directly and indirectly, because of corporate income tax. And consumers also bear a burden thanks to business taxes that lead […]

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In the 50-Year War on Poverty, Bureaucrats Have Won while Both Taxpayers and Poor People Have Lost

We know the welfare state is good news for people inside government. Lots of bureaucrats are required, after all, to oversee a plethora of redistribution programs. Walter Williams refers to these paper pushers as poverty pimps, and there’s even a ranking showing which states have the greatest number of these folks who profit by creating […]

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The Laffer Curve and Limits to Class Warfare Tax Policy

I’m a big advocate of the Laffer Curve. Simply stated, it’s absurdly inaccurate to think that taxpayers and the economy are insensitive to changes in tax policy. Yet bureaucracies such as the Joint Committee on Taxation basically assume that the economy will be unaffected and that tax revenues will jump dramatically if tax rates are […]

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This Parallel Between LBJs And Obamas War Plans Will Terrify You

This is more than a bit worrying. Johnson did an outstanding job of messing up the war effort by his ridiculous micro-management. But one has to admit that he did pay attention. With Obama we’re likely to have the spectacle of micromanagement without supervision. Worse, unimaginably worse in every way. From the Federalist. Here’s where […]

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Even its Creators Want to Shut Down the Government’s Asset-Forfeiture Racket

If you ask me about the most wasteful department in the federal government, I’ll state that there are lots of good choices, but if forced to identify the best candidate for elimination, I’ll go with the Department of Housing and Urban Development. If you ask me about the entitlement program most in need of reform, […]

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