I've always found putting things in historical perspective and looking at the long-term trend of things usually illuminates a lot of policy discussions. It's easier to see "what's really happening" if you look at the long-term trend. Taxes, tax rates, and the government budget are often hot topics of policy debate. So is the future … Continue reading So Who Pays For the Government and How?
The issue of tax cuts and economic growth, which I've discussed recently here and here, looks like it's going to be an important topic for some time now judging by this week's announcement from Paul Ryan, one of the Republicans in the U.S. House of Representatives. While all the attention in the media has been … Continue reading Tax Cuts and Economic Growth, Once More – the Corporate Tax Version
Ronald Reagan introduced the nation in 1976 to the concept and existence of welfare queens, private citizens that pay no taxes but manipulate the system to obtain large amounts of government money. Sometimes welfare queens have very profitable but socially destructive businesses on the side and make even more profits. If that's true, then General … Continue reading General Electric Is A Welfare Queen