Taxes and Spending

Timothy Egan in The New York Times evokes Warren Buffett in a recent article on taxes. Unfortunately both men are completely wrong. 

The ability-to-pay doctrine falls short of providing a logical or ethical justification for progressive tax rates, for multiple reasons.

The failures of farm programs remain a reminder of why Washington’s power needs to be radically slashed across the board.

And yet I feel obliged to withhold my approval ... [for] the appropriation of public funds...

Kevin Dowd explains how policies like negative interest rates not only reflect bad economic thinking, but also pose a danger to the civil liberties.

The massive tax breaks and subsidies being offered to Amazon for their second headquarters has taken crony capitalism to dizzying heights.

With welfare, the US outspends Canada and Australia, and is on a par with Switzerland. On government healthcare, the US outspends nearly everyone.

The verdict of sound economics is universal. Tariffs cripple economies, reduce the standard of living, and pit some groups against others.

With welfare, the US outspends Canada and Australia, and is on a par with Switzerland. On government healthcare, the US outspends nearly everyone.