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Does Jeb Bush’s Support for Higher Taxes Make Him more Fiscally Conservative than Paul Ryan?

Since I criticized Paul Ryan’s Roadmap budget plan yesterday as part of my column against the value-added tax, I now feel obliged to defend the proposal in one important respect. But first, some background. In a recent piece for the American Enterprise Institute, James Pethokoukis applauded former Florida Governor Jeb Bush for being willing to […]

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Canada Shows How to Eliminate the Tax Bias against Saving

Since all economic theories – even Marxism and socialism – recognize that capital formation is a key to long-run growth, higher wages, and improved living standards, it obviously doesn’t make sense to penalize saving and investment. Yet that’s exactly what happens because of double taxation in the United States, as can be seen by this […]

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The Real-World Impact of Higher Tax Rates on Upper-Income Households

In my writings on the Laffer Curve, I probably sound like a broken record because I keep warning that a nation should never be at the revenue-maximizing point. That’s because there’s lots of good research showing that there are ever-increasing costs to the economy as tax rates approach that level. So the question that policy […]

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The Irish Tax Policy Debate: Bono 1 – Irish Union Bosses 0

I wrote last year about the remarkable acknowledgement by Bono that free markets were the best way to lift people out of poverty. The leader of the U2 band and long-time anti-poverty activist specifically stated that, “capitalism has been the most effective ideology we have known in taking people out of extreme poverty.” As the […]

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Faced with Ebola Crisis, World Health Organization Decides to…Have a Moscow Conference to Push Global Tax Rules for Tobacco

The United Nations is not nearly as bad as other international bureaucracies such as the Organization for Economic Cooperation and Development or the International Monetary Fund. But that’s because the U.N. tends to be completely ineffective. So even when the bureaucrats push for bad policy, they don’t have much ability to move the ball in […]

Continue reading Faced with Ebola Crisis, World Health Organization Decides to…Have a Moscow Conference to Push Global Tax Rules for Tobacco

Faced with Ebola Crisis, World Health Organization Decides to…Have a Moscow Conference to Push Global Tax Rules for Tobacco

The United Nations is not nearly as bad as other international bureaucracies such as the Organization for Economic Cooperation and Development or the International Monetary Fund. But that’s because the U.N. tends to be completely ineffective. So even when the bureaucrats push for bad policy, they don’t have much ability to move the ball in […]

Continue reading Faced with Ebola Crisis, World Health Organization Decides to…Have a Moscow Conference to Push Global Tax Rules for Tobacco