Archive for August 25th, 2011

Anarchy in the UK? »

All political labels are limited in their usefulness, and confusion abounds regarding most of them. When a certain political persuasion is being criminalized, it is particularly important to examine the principles involved. If anarchy means chaos, disorder, lawlessness, reckless disregard for person and property, then the London vandals who set private buildings on fire…
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“Tax Expenditures”: Old Vinegar Rebottled »

The late management guru Peter Drucker noted decades ago that the notion of tax “loopholes” implies that government is the primary claimant to the entirety of its citizens’ income. The government’s claim is rendered less than absolute in practice only by glitches (intended or otherwise) in the tax code. Enter now, stage left, the…
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