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Support the VAT…if You Oppose Entitlement Reform and Want More spending and More Debt

I’m a supporter of a single-rate tax regime, especially if there’s no double taxation of income that is saved and invested. That’s why I like the flat tax. But I’ve expressed concern about the national sales tax, even though it’s basically the same as a flat tax (the only real difference is that the flat […]

Continue reading Support the VAT…if You Oppose Entitlement Reform and Want More spending and More Debt

Assessing the New Ryan Budget

Congressman Paul Ryan, the Republican Chairman of the House Budget Committee, has unveiled the GOP’s latest budget plan. Is this proposal deserving of applause or criticism? The answer is yes and yes, with a bit of emphasis on the former. Let’s start with some depressing news. The Ryan budget has gotten weaker each year. Three […]

Continue reading Assessing the New Ryan Budget

Assessing the New Ryan Budget

Congressman Paul Ryan, the Republican Chairman of the House Budget Committee, has unveiled the GOP’s latest budget plan. Is this proposal deserving of applause or criticism? The answer is yes and yes, with a bit of emphasis on the former. Let’s start with some depressing news. The Ryan budget has gotten weaker each year. Three […]

Continue reading Assessing the New Ryan Budget

Assessing the New Ryan Budget

Congressman Paul Ryan, the Republican Chairman of the House Budget Committee, has unveiled the GOP’s latest budget plan. Is this proposal deserving of applause or criticism? The answer is yes and yes, with a bit of emphasis on the former. Let’s start with some depressing news. The Ryan budget has gotten weaker each year. Three […]

Continue reading Assessing the New Ryan Budget

Is Government Debt a Problem?

Based on what’s happened in Greece and other European nations, we know from real-world evidence that even nations from the developed world can spend themselves into debt trouble. This has led to research that seeks to pinpoint when debt reaches a dangerous level. Where’s the point where investors stop buying the debt? Where’s the point […]

Continue reading Is Government Debt a Problem?

Is Government Debt a Problem?

Based on what’s happened in Greece and other European nations, we know from real-world evidence that even nations from the developed world can spend themselves into debt trouble. This has led to research that seeks to pinpoint when debt reaches a dangerous level. Where’s the point where investors stop buying the debt? Where’s the point […]

Continue reading Is Government Debt a Problem?