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Tax Politics

The Politics of Taxes

Reciprocal Tariff Ignorance

President Trump continues to pursue his misguided tariff crusade believing that he is somehow protecting American industries and employment. His latest move, reciprocal tariffs (which he intends to begin April 2), is even worse. Trump has stated that he plans to impose tariffs based on “what they charge us, we charge them,” which is an economically stupid idea. Advocates of this policy like to...
Bar Stool Economics

Suppose that every day, ten men go out for beer and the bill for all ten comes to $100. If they paid their bill the way we pay our taxes, it would go something likethis: The first four men (the poorest) would pay nothing. The fifth would pay $1. The sixth would pay...

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Bastiat’s “The Law”

Something I like to do when I meet with groups is to hand out copies of Frederic Bastiat's "The Law". This is one of my favorite books, and I encourage everyone to read it at least once. The folks over at FEE (Foundation for Economic Education) have done a great job...

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Haiti: Donations and a Year

I just recently wrote about the squalid conditions in Haiti mostly bereft of any substantive results, despite billions in aid and donations flowing into Haiti. This report on the one-year anniversary of the Haitian earthquake disaster confirms my belief that a...

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Hypocrisy in Haiti

The criterion for charitable giving in recent years has become based on emotion rather than responsibility. An glaring example of this trend is the millions of dollars blindly poured into US and UN charities in response to the Haitian earthquake disaster. Never mind...

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Wake Up, New York

A recent Op-Ed in the New York Post by John Faso, discusses the shrinking population in New York State and its implications for the future. Faso surmises that New Yorkers are fleeing the state -- most famously Rush Limbaugh --  because of high taxes and dismal job...

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