The Fleecing of America

NBC Nightly News has long had a special feature titled, “The Fleecing of America,” which investigates various instances wasteful spending by government officials. To get a visual clue about the massive size and diversity of the federal budget, check out “Death and Taxes”, the 2007 edition, “a representational graph of the federal discretionary budget. Continue Reading...

You Know the Old Joke

This story makes me think of an old joke. Stafford, TX has a population of 19,227 people and 51 churches. The city council is making noise about preventing any more churches from opening up because, as tax-exempt organizations, they are threatening the viability of the local government. Continue Reading...

High Gas Prices are Good

You may have seen an op-ed in the NYT last week by Tom Friedman, who noted that when oil and gas prices go up, bad things happen in oil producing nations abroad. Continue Reading...

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.” 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...