Well, among the many reasons that I no longer favor it is that I’ve started to realize I live in big boy world, and not the fantasy world of good economics I thought about when I first became a professor: Schuerhoff, Marianne, David Zetland and Hans-Peter Weikard (2013). “The life and death of the Dutch […]
Category Archive for 'Taxation'
from Tim Taylor. Here are some older thoughts on mine on taxing the rich more. And here.
Just wanted to update my readers on the amount of greed in the economy. In March of this year, the average retail price of gasoline was $3.85. In the first week of November, the average retail price of gasoline was $3.34. So, I guess gas and oil companies are feeling 13% less greedy these days! […]
Some supporters of the minimum wage do so on the grounds that even it is costly, that corporations simply “pass on the cost” to their customers, who are so obviously different and richer than the workers “needing” the pay increase. Fine. Believe it. But riddle me this. What do these same people think about putting […]
Of course there are many. But for my purposes let’s not think of the impacts on capital formation and entrepreneurial innovation. I am thinking from a populist perspective. The problem with raising top income tax rates is that they are not retroactive. I mean that. Among the strongest supporters of raising top tax rates that […]
That’s what armchair tax theorists are. Consider an example from the book Garbology: Fifteen cents [of a tax] is a relative pittance, but it does add up over hundreds of bags, and so it had an immediate impact on the behavior of Irish consumers … … The tax was never much of a burden because relatively […]
The EPA, rightly in my view, understands that storm water runoff is one of the major problems facing our waterways. But that’s about where their “rightness” ends. They’ve imposed yet another unfunded mandate, this time on states in the Chesapeake Bay watershed. Read this piece to see how it all shakes out. state lawmakers exempted […]
The town and county portion of my property tax receipt came in the mail today. (This comprises about 1/3 of my total property tax bill – the government schools take the other 2/3). I found their new itemization of uses of tax funds to be interesting. Years ago I noticed that in my TOWN offices, […]
Posted in ethical foundations, Government Gone Wild, Government Thuggery, Health Care, incentives, Price Controls, Socialism, Taxation, Unintended Consequences, Voluntary Society, Welfare State, You Can't Have it Both Ways on Apr 11th, 2013
I usually hate infographics and here is another one just littered with reasons to go crazy. But focus only on the very bottom: The changes Brill suggests would allow the US to provide better care at lower costs without substituting the kind of government-provider system typical in comparison countries. Holy smokes. This is the previous […]
Assume our preference for redistribution is fixed and that there is an inherent and unchanging desire in the population to equalize incomes, for whatever reason you wish to believe we have that feeling. I for one do not share this belief, nor am I rich. In any case, I believe that one reason folks like […]