Post Tagged 'taxation'

May 20, 2026

Free Trade and the Rule of Law

Imagine a neighborhood that has experienced high crime rates for years. A local “neighborhood watch” group forms, but it only talks about resolutions without taking any action. Criminals are found guilty but then immediately released back onto the streets to continue their illicit activities. Continue Reading...

June 25, 2019

The Laffer Curve vindicated…in Canada

On September 14, 1974, economist Arthur Laffer and three friends had the most productive cocktail discussion in U.S. history. On that day, Laffer famously sketched his U-shaped theory of taxation on a cocktail napkin. Continue Reading...

May 31, 2019

The tax that closed 3,600 doctors’ offices

A UK tax policy intended to soak the rich has caused highly specialized physicians and surgeons to retire early, depriving more than a million citizens of their services. A new report details the extent to which progressive taxation has harmed British patients. Continue Reading...

January 25, 2019

What you need to know about Elizabeth Warren’s wealth tax

On Thursday, Senator Elizabeth Warren announced on Twitter that she will institute a wealth tax if she is elected president in 2020. Here are the facts you need to know: Warren tweeted her plan on Thursday afternoon. Continue Reading...

August 22, 2017

Reading ‘Democracy in America’ (Part 4): The long shadow of the French Revolution

This is the fourth part in a series on how to read Alexis de Tocqueville’s Democracy in America. Read the Introduction and follow the entire series here. In the previous installment, we considered feudalism as a class system of mutual responsibilities centered on land. Continue Reading...

May 19, 2017

A tale of two hypothetical presidents

Imagine a president who regularly steps on his own shoelaces and seems to waste power. This president inspires an especially venomous reaction from the press. They actually have contempt for him. Continue Reading...

December 13, 2016

What you should know about subsidies

Note: This is post #13 in a weekly video series on basic microeconomics. What is a subsidy? A subsidy is really just a negative or reverse tax, explains Alex Tabarrok. Instead of collecting money in the form of a tax, the government gives money to consumer or producers. Continue Reading...

October 31, 2016