I know exactly how Ronald Reagan must have felt back in 1980 when he famously said “There you go again” to Jimmy Carter during their debate. That’s because I endlessly have to deal with critics who try to undercut the Laffer Curve by claiming that it’s based on the notion that all tax cuts “pay […]
Continue reading Evidence from Sweden Showing that Taxable Income Is the Key Variable in the Laffer Curve, not Tax Revenue
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Who is the worst President in U.S. history? No, regardless of polling data, the answer is not Barack Obama. Or even Jimmy Carter. Those guys are amateurs. At the bottom of the list is probably Woodrow Wilson, who gave us both the income tax and the Federal Reserve. And he was a disgusting racist as […]
Continue reading FDR: Worse than Barack Obama, Maybe even Worse than Woodrow Wilson
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Maybe the warm weather is affecting my judgement, but I’m finding myself in the odd position of admiring some folks on the left for their honesty. A few days ago, for instance, I (sort of) applauded Matthew Yglesias for openly admitting that punitive tax rates would put us on the downward-sloping portion of the Laffer […]
Continue reading Does “Freedom” Mean an Entitlement to Other People’s Money?
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The moral case against liberal Democrat Obamaism and for free market capitalism Democrats, including the liberal Christian variety in the Tar Heel State, have never been shy about making the moral case for their anti-entrepreneurial welfare state policies and against Republicans who oppose them. If one is against the latest bill demanding more, more and more of the same “stimuli” sold as the antidote to the “mess | Read More » . . . → Read More: Moral Mondays in NC, DC Opulence, and Tent City, NJ hunger games . . . → Read More: Moral Mondays in NC, DC Opulence, and Tent City, NJ hunger games
When Democrats pushed through the PPACA, they relied heavily on unions and government employees to provide the propaganda. Now that it’s supposedly on the verge of getting implemented, many of those allies are turning on the administration. In fact, they’re doing what private employers have started doing. They’re limiting their employees’ hours: School districts in […] . . . → Read More: When will the wheels come off? . . . → Read More: When will the wheels come off?
Decreases in annual increases of big government budgets do not “austerity” measures make and are not the reason that the, rightly-named-by-Nobel-Prize-winning-economist Paul Krugman, economic Depression continues in most of Europe and the United States. President Richard Nixon actually didn’t say that “We are all Keynesians now” after taking the United States off the gold standard in 1971 and otherwise ensuring that Hubert Humphrey-Democrats got the | Read More » . . . → Read More: Detroit, Europe and Krugman-defined optional austerity . . . → Read More: Detroit, Europe and Krugman-defined optional austerity