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Does Donald Trump Think Washington Politicians Should Have More of Our Money to Help America Become Greece?

There’s a famous quote attributed to George Washington. Government is not reason, it is not eloquence — it is force. Like fire it is a dangerous servant and a fearful master; never for a moment should it be left to irresponsible action. But it’s apparently an urban legend. There’s no evidence Washington wrote or spoke […]

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Corporate Inversions: Obama Fiddles While the Corporate Tax Burns U.S. Competitiveness

The United States has what is arguably the worst business tax system of any nation. That’s bad for the shareholders who own companies, and it’s also bad for workers and consumers. And it creates such a competitive disadvantage that many U.S.-domiciled companies are better off if they engage in an “inversion” and shift their corporate […]

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Hillary’s Hard Left Turn on Social Security

Defenders of Social Security often make a point of stating that the retirement system is a form of “social insurance” because people become eligible for benefits by paying into the system. Welfare programs, by contrast, give money to people simply as a form of income redistribution. Proponents of the status quo are right. Sort of. […]

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The (Attempted Tax) Seduction of Jeb!

If you took a poll of Washington’s richest and most powerful people, you would probably find more than 90 percent of them support tax increases. At first glance, this doesn’t make sense. Why would a group of upper-income people want tax hikes? Are they self-loathing and guilt-ridden? Perhaps, but there’s a better explanation. These are […]

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Budget Myths and Facts for the 2016 Campaign

I have a very mixed view of the Committee for a Responsible Federal Budget, which is an organization representing self-styled deficit hawks in Washington. They do careful work and I always feel confident about citing their numbers. Yet I frequently get frustrated because they seem to think that tax increases have to be part of […]

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What Elementary Bit of Wisdom Is Shared by Donald Trump and Bono?

If I asked you what Donald Trump and Bono have in common, the easy and accurate answer is that they both have lots of money. But if I asked you to identify a shared perspective by the two men, at first glance that would seem to be a much harder question. After all, it seems […]

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