Login

The European Commission’s War against Pro-Growth Corporate Tax Policy

I have a love-hate relationship with corporations. On the plus side, I admire corporations that efficiently and effectively compete by producing valuable goods and services for consumers, and I aggressively defend those firms from politicians who want to impose harmful and destructive forms of taxes, regulation, and intervention. On the minus side, I am disgusted […]

Continue reading The European Commission’s War against Pro-Growth Corporate Tax Policy

Hillary Clinton’s “Exit Tax” Is an Unseemly Example of Banana Republic Economics

If you get into the weeds of tax policy and had a contest for parts of the internal revenue code that are “boring but important,” depreciation would be at the top of the list. After all, how many people want to learn about America’s Byzantine system that imposes a discriminatory tax penalty on new investment? […]

Continue reading Hillary Clinton’s “Exit Tax” Is an Unseemly Example of Banana Republic Economics

Hillary Clinton, Willie Sutton, and Class-Warfare Tax Policy

If I had to summarize my views on fiscal policy in just two sentences, here’s what I would say. Government spending undermines growth by diverting labor and capital from more productive uses to less productive uses. Tax rates on productive economic behaviors such as work, saving, investment, and entrepreneurship should be as low as possible. […]

Continue reading Hillary Clinton, Willie Sutton, and Class-Warfare Tax Policy

The Penny Plan Is a Spending-Cap Formula to Make the Trump Tax Cuts Feasible

I don’t like election years because the policy debate tends to revolve around the various proposals put forth by candidates. And since those ideas generally don’t make much sense, it’s a frustrating period. But the silver lining to that dark cloud is that it does create opportunities to comment on what the candidates are saying…and […]

Continue reading The Penny Plan Is a Spending-Cap Formula to Make the Trump Tax Cuts Feasible

A Cartoon that Tells You Everything You Need to Know about International Bureaucracies

Okay, I’ll admit the title of this post is an exaggeration. There are lots of things you should know – most bad, though some good – about international bureaucracies. That being said, regular readers know that I get very frustrated with the statist policy agendas of both the International Monetary Fund and the Organization for […]

Continue reading A Cartoon that Tells You Everything You Need to Know about International Bureaucracies

Trump’s Social-Engineering Scheme to Make the Tax Code More Complex and Increase the Cost of Child Care

When I wrote last year about “Hillary Clinton’s Plan to Increase the Cost of College,” I explained that colleges and universities boost tuition when the government hands out more subsidies to students, so the main effect is to make higher education even more expensive. Today, let’s look at Donald Trump’s plan to increase the cost […]

Continue reading Trump’s Social-Engineering Scheme to Make the Tax Code More Complex and Increase the Cost of Child Care