Get A Job So We Can Tax You
After the first few lines of liberal columnist Thomas Friedman’s piece in Sunday’s New York Times, you would have thought he had finally seen the light:… Read More
After the first few lines of liberal columnist Thomas Friedman’s piece in Sunday’s New York Times, you would have thought he had finally seen the light:… Read More
Roberton Williams and Rosanne Altshuler’s Five Myths About Your Taxes in the Washington Post on Sunday was such a useful piece one hesitates to criticize,… Read More
Americans are endlessly paying taxes–on their income, on their property, on almost anything they purchase. But the heavy burden that the U.S. government places on… Read More
In a recent interview with Yahoo Finance, Vice President Joe Biden said the following: “the top 1 percent of earners get 22 percent of all… Read More
Treasury Secretary Timothy Geithner appeared in an interview on The Today Show this morning and decried the “unfairness” of an economy where businesses on Wall… Read More
While President Obama and congressional liberals have yet to come down from the high of passing their historically horrible health care legislation, conservatives are still… Read More
Unemployment has skyrocketed in this recession. Worse, it has remained abnormally high. Joblessness never rose above 8 percent in either the 2001 or 1991 recessions,… Read More
It’s hard not to sympathize with organized labor—at least to some extent. After all, during the 2008 elections, unions donated roughly half a billion dollars… Read More
Today the U.S. House of Representatives will take up a new “jobs” bill, HR4849, that includes a $2.5 billion provision to expand the size of… Read More
America’s current predicament is that it borrows money from countries or individuals to finance many of its expensive obligations, including financing the $862 billion stimulus… Read More
At 1,336 pages, the Dodd financial services regulation bill proposal, which the Senate Banking Committee will begin to consider today, includes language that could create… Read More
Yesterday, former Reagan administration economic adviser Arthur Laffer stopped by the Heritage Foundation for a lecture titled, “Return to Prosperity: How America Can Regain Its Economic Superpower Status”. Laffer popularized what has become to be known as the “Laffer Curve” which helped demonstrate that increased taxation can be counterproductive in the long-term as it leaves citizens with less resources and depresses economic growth.
After his speech, Laffer sat down for an “In the Green Room” segment where he discussed the roots of the financial crisis, how President Bush and Obama have mishandled the problem, and what to expect in 2010 and 2011.
Senator Chris Dodd’s monstrous 1336-page financial reform draft includes a whopping 217 pages devoted to “improving” over-the-counter derivatives markets. Dodd the derivatives section may be… Read More
The execution last week of a senior economics official in the North Korean government over a botched currency reform reminds us of that no parody… Read More
The United States has set itself on a path of unsustainable debt levels with little political prospect to implement the policy mix that will turn… Read More
There’s more going on in Washington this week than health care reform. Giving up on efforts to get a bipartisan deal on financial regulation, Senate… Read More
The National Highway Traffic Safety Administration (NHTSA) still cannot determine what caused the unintended acceleration of a Toyota Prius last week in which a police… Read More
In an attempt to solve the nation’s current economic woes, legislators remain fixated on a single solution: federal stimulus spending. This is the wrong solution,… Read More
After the panel, Professor Zywicki, a Senior Scholar of the Mercatus Center and contributor to the popular legal blog The Volokh Conspiracy, sat down with us for an “In the Green Room” segment. We talked about the problems we face if Congress enacts the CFPA, the real causes behind our current financial crisis, and what principles should undergird real financial regulatory reform.
Remember how public anger over the federal debt reaching new sky-high levels last year drove lawmakers into a flurry of discussions about budget controls? Responding… Read More
The Tax Foundation recently released its annual report on the number of tax returns filed that have no tax liability, and the study shows a… Read More
Toyota has seen better months than February when the automaker recalled millions of vehicles amidst a sticky pedal and unintended acceleration problem that led to… Read More
The final details of the financial regulatory reform bill being negotiated by Sens. Chris Dodd (D-CT) and Bob Corker (R-TN) are still being hammered out,… Read More
There is no entity with closer ties to the Obama administration than the Service Employees International Union (SEIU). According to the White House visitor logs… Read More
Yesterday the Senate beat back an amendment offered by Senator Patty Murray (D-WA) to the tax extenders bill that would have continued for another six… Read More
Last Friday, the Congressional Budget Office (CBO) released its analysis of the president’s 2011 budget submission to Congress. This report hasn’t gotten nearly the attention… Read More
While legislators finalize yet another round of stimulus spending, they should self-impose a time-out to assess the ineffectiveness of the last two years of government-directed… Read More
In a retaliatory response to the U.S. government’s unwillingness to eliminate domestic cotton subsidies, Brazil has announced higher tariffs on over 100 American goods ranging… Read More
The stock market reacted favorably this morning when it was announced that the number of people on payrolls fell by 36,000 in February, better than… Read More
So President Obama wants to slap a tax on banks, but should you really care? Absolutely. Those taxes are going to wind up costing YOU… Read More
