…Republicans like to talk about liberty, by which they mean a narrow and negative kind of freedom from civic duty and mutual obligation. …the rise of anti-tax activism was inextricably intertwined with the decline of a white electoral majority. …Progressive taxation is…a small price to pay...
It was pointed out in an early part of this Essay, that the liberty of the individual, in things wherein the individual is alone concerned, implies a corresponding liberty in any number of individuals to regulate by mutual agreement such things as regard them jointly, and regard no persons ...
Through such fraud Goldman Sachs decimated the 401(k)s, pensions and mutual funds of thousands of Americans. Despite blatantly vilating the Securities Act of 1933, which “prohibits deceit, misrepresentation, and other fraud in the sale of securities,” and despite a 650-page Senate subcommittee...
Next, we have an example of the “slippery slope” in action. By the way, the above image is real. The United Kingdom has some of the world’ssilliest anti-gun policies, which were the gateway drug for absurd anti-knife laws (and even – I’m not joking –anti-teaspoon laws). I...
…above all, they distrusted and resented the Bobos, and the feeling was mutual. Thus, the axis that I believe best fits the Trump phenomenon is Bobo versus anti-Bobo. In some sense, this is a cultural difference, sort of like the protected vs unprotected or somewheres vs. anywheres ...
Tax measures must be of mutual benefit between the public and the state. This is just the tip of the iceberg, winter is coming,” an economist Shem Mutonji opines. …This sentiment is echoed by his colleague, Joe Ngatia who says you cannot overmilk a cow to prosperity for “It will ...
Lo and behold, it turns out that revenue went up. Not just nominal revenues. Not just inflation-adjusted revenues. Tax revenues even increased as a share of gross domestic product. In part, this is theLaffer Curvein action. Lower tax rates meant better incentives to engage in productive beha...