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A Fair – but Ultimately Misleading – Critique of GOP Budgets

Last week, I applauded the Chairmen of the House and Senate Budget Committees for proposing budgets that complied with my Golden Rule, which means the burden of government would grow slower than the private sector. But my praise was limited because neither budget is ideal from the perspective of libertarians and small-government conservatives. Even though […]

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The Biggest Tax Scam Is the Internal Revenue Code and the IRS

With tax day fast approaching, it’s time to write about our good friends at the Internal Revenue Service. One of the new traditions at the IRS is an annual release of tax scams. It’s know as the “dirty dozen” list, and while it may exist mostly as a publicity stunt, it does contain some useful […]

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Hypocrisy Alert: International Bureaucracy with Tax-Free Employees Is Pushing a Big Energy Tax on American Consumers

The Organization for Economic Cooperation and Development is a Paris-based international bureaucracy with the self-proclaimed mission to “promote policies that will improve the economic and social well-being of people around the world.” But if there was a truth-in-advertizing requirement, the OECD would instead say that its mission is to “promote policies that will increase the […]

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The Case against the Value-Added Tax

Even though I fret about a growing burden of government and have little faith in the ability (or desire) of politicians to make wise decisions, I somehow convince myself that good things will happen. Here’s some of what I wrote two years ago, when asked whether I thought America could be saved from a Greek-style […]

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A Video Primer on How Taxes Reduce Economic Value and Cause Deadweight Loss

While I sometimes make moral arguments against the current tax system (because it is corrupt, because it doesn’t treat people equally, because it provides unearned wealth for insiders, etc), my main arguments are based on economics. High tax rates on workers and entrepreneurs discourage productive behavior. Double taxation on income that is saved and invested […]

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Time to Feel Sorry for the IRS and Give it More Money?

Like many taxpayers, I personally get upset with the Internal Revenue Service when I file my taxes. But I probably get angrier than the average taxpayer. That’s because I have first-hand knowledge of the waste and fraud in the federal budget, so it galls me that so much of my income is being diverted to […]

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