Coercing Charity

This section from Reinhold Niebuhr’s Moral Man and Immoral Society: A Study in Ethics and Politics strikes me as quite true: The coercive factors, in distinction to the more purely moral and rational factors, in political relations can never be sharply differentiated and defined. Continue Reading...

How Do You Spell Relief?

You may have heard about the debate in Washington that erupted late last week, as Senate Democrats and Republicans sought ways to respond to rising gas prices. According to Marketplace’s Hillary Wikai, the majority Republicans settled on “a $100 gas-tax rebate to be paid for by drilling in Alaska’s Wildlife Refuge.” Michigan Democrat Debbie Stabenow proposed “a $500 rebate but pay for it by cutting the tax breaks for oil companies.” She said, “We should instead put that money back in the pockets of the people paying the high gas prices.” But one other Democratic plan was to stop taking that money from the people in the first place, at least temporarily. Continue Reading...

Competitive Taxing

In this season of taxation, it is refreshing to consider strategies for lowering taxes and making governments more efficient. London’s Institute of Economic Affairs recently published a fascinating monograph by Richard Teather, The Benefits of Tax Competition. Continue Reading...