Tag: Nanny State
Elizabeth Warren’s Proposed Wealth Tax
People tend to view taxes in one of two ways. One view is that taxes are the price people pay for government goods and services. The other is that taxes are a penalty levied on people who earn income or have wealth. Elizabeth Warren’s proposed wealth tax takes the second view.
Prohibition and Gangs Make Marijuana a Deadly Business
My hometown of Tallahassee, Florida, has the highest crime rate of any city in Florida and is plagued with gun violence. Why? The headline of this article says, “Pot dealers blamed for local gun violence.” Larry Keefe, U.S. Attorney for the Northern District in Florida, is quoted in the article as saying “the vast...
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Three Assumptions the Left Makes About Economic Inequality
Are policies to reduce inequality beneficial to those who are least fortunate? Sometimes they are; sometimes they are not.
Alexis de Tocqueville on “Democratic” Socialism
Almost two centuries ago Tocqueville observed that the “political world is metamorphosed [and] new remedies must henceforth be sought for new disorders.”
Another Problem with the War on Drugs
The war on drugs makes it far too easy for corrupt police officers to plant evidence on people.
Political Capitalism
The real threat to free markets lies in the regulatory state.
Florida Becomes First State to Offer Student Safety Scholarships
No parent should have to play “Mother, may I” with the state or federal government to enroll their child in a school they think is safe.
Don’t Shed Any Tears over the Repeal of Cook County’s Soda Tax
On Wednesday, the commissioners of Cook County, Illinois, repealed the controversial soda tax that went into effect in August of this year. December 1, 2017, will be the first day residents of Cook County will no longer be required to pay a one-cent-per-ounce tax on sugar sweetened beverages—and they’re better off without it. Although...
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Tax Reform V: Eliminate the Estate Tax
The estate tax amounts to a penalty on the heirs of those who have accumulated wealth over their lifetimes. It raises less than 1% of federal revenues, so it provides almost no benefit to anybody, but imposes a big cost on a few. There are many ways for the wealthy to avoid the estate...
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Tax Reform III: Tax Employer Health Care Benefits; Offer a Tax Credit to Health Insurance Purchasers
In an earlier blog post I suggested eliminating all personal tax deductions, with a possible exception related to health care. One of the well-publicized problems with the American health care system is that employer-provided health insurance is not taxed, pushing us to a system in which people get health insurance from their employers. A...
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