With a simple and fair tax system, we could get rid of high tax rates, eliminate the double taxation that discourages saving and investment, and we could wipe out the rats nest of deductions, credits, exemptions, preferences, exclusions, and other loopholes that bribe people into making economically unwise decisions.
Lets compare two politicians, Senator Elizabeth Warren of Massachusetts and Congressman Jeb Hensarling of Texas, to see which one actually has the courage to fight against powerful interest groups...
If you look at where we are right now and you think victory is achieved whenever we can shrink the burden of government spending and limit Washingtons power over the nation, then the cromnibus is a victory
Selection to the Moocher Hall of Fame is a special award that is bestowed upon the individuals who best exemplify the culture of loafing, laziness, and dependency that is being subsidized by our vote-buying political class.
I dont know if Americans actually do commit three felonies each day, and I also dont know if 70 percent of us have committed offenses punishable by jail time, but I certainly wouldnt be surprised to learn that these numbers are correct.
While there are plenty of reasons to dislike the World Bank, United Nations, and (especially) the International Monetary Fund, the worst international bureaucracy on a per-dollar spent basis has to be the Paris-based Organization for Economic Cooperation and Development.
Many statists are worried that Republicans may install new leadership at the Joint Committee on Taxation (JCT) and Congressional Budget Office (CBO).
Is Obama a socialist? If youre asking whether hes a big-spending interventionist, the answer is yes. But if youre asking whether the President believes in government ownership of the means of production (which is the defining issue in the socialist economic platform), the answer is no.
I dont want the federal government doing any redistribution, but its particularly upsetting when politicians and bureaucrats hurt ordinary people to line the pockets of the rich.
When people figure out ways to keep the money they earn in their own pockets, rather than having it confiscated by government, Im almost always happy.
I wrote a few days ago that advocates of smaller government have won a very significant victory over the past five years, as measured by the fact that theres been zero growth in overall federal spending.
As far as Im concerned, no honest person can look at his chart and defend the current system.
The United States is burdened with some very bad policies that hinder growth and undermine competitiveness. But sometimes you can win a race if your rivals have policies that are even more self-destructive.
Were going to look at some fiscal data that must be very depressing for President Obama and other advocates of big government. But that means this information must be very good news for American taxpayers!
In the postscript of a previous column, I shared some of Ben Watsons wise and prudent counsel about the racial unrest in Ferguson. Today, I want to share a feel-good story to come out of that towns troubles.
So federal regulations designed to help actually led to more damage. Go figure.
Now lets look at the best 10 seconds in cinematic history (at least if youre a curmudgeonly libertarian who frets about bloated government).
I generally dont feel a special degree of animosity for the internal revenue service. After all, its the politicians who have created the 74,000-plus page monstrosity of a tax code.
Ive written about the success of Hong Kong (particularly when compared to nations such as Cuba, France, and China), but havent paid as much attention to Singapore.
In Other News: New Captain America Will be Black; Racist Liberals Suddenly Become Fans | Michael Schaus
NEW TIME Today, at 9:30 AM PT: Get the Market Movements in Advance; Williams Edge Webinar for December 17th, 2014 | John Ransom