Oct 27, 2018 | Lobbying, medicare, POLITICS, Taxation, Welfare State
There is always a variety of government programs and activities that people either think are not worth the money or should not be the business of government in the first place. Yet it seems almost impossible to rein in government. It keeps growing in size and scope in...
Apr 14, 2018 | Classic, Inequality, Taxation
On Tax Day consider some basic facts. The wealthiest 1% of the taxpayers pay 34% of all federal income taxes. The top 50% pay 96% of the total bill. This means that the least wealthy 50% pay almost nothing. In short, the income tax system soaks the rich. In the name...
May 14, 2017 | Inequality, Taxation
Elizabeth Warren and her fellow leftists love corporate taxation because they see it as a means of income redistribution from wealthy investors to workers, so as to narrow the income and wealth gap. However, the leftists are utterly mistaken, as taxing corporate...
Jul 13, 2015 | POLITICS, Taxation, Trade, Welfare State
With apologies to his fans, Jerry is an evil little mouse who constantly pesters Tom the Cat. Tom tries and tries, but cannot seem to overpower someone who is a fraction of his size and strength. Watching Stephen Moore attempt to debate Paul Krugman was like that. The...