Fiscal Policy
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The IMF Should Be Eliminated, Not Expanded
“There are many good economists who work for the IMF and they often produce high-quality research. Sadly, their sensible analysis doesn’t seem to have any impact on the decisions of the organization’s top bureaucrats.” ~ Daniel J. Mitchell
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A Current Burden of Deficit Financing
“Only someone who is convinced that government will undertake only economically worthwhile projects regardless of the means of financing – or someone who doesn’t understand economics – can look favorably upon deficit financing by government.” ~ Donald J. Boudreaux
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President Biden Is the Latest to Promote the Fib That Corporations Pay No Taxes
“So long as the tax code penalizes work and investment, corporate taxes will be enormously high. Call them what they are: taxes on individual earnings that harm the individual, and that by extension harm the corporations that operate within what we call an ‘economy.'” ~ John Tamny
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They’re Coming for You
“Federal spending is out of control. Politicians know it and they know that they can’t stop it. A day of reckoning is coming. Politicians hope that we’ll keep pointing fingers at the rich so we don’t notice who the real culprits are.” ~ Antony Davies
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Poverty Isn’t Just About Money: Expanding the Child Tax Credit
“The truth is that no country ever got out of poverty because of income redistribution. If such ‘redistribution’ could deliver such a happy outcome, the U.S. should have no child poverty at all.” ~ Veronique de Rugy
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Biden’s Demagoguery that Government Spending is Costless
“President Biden’s demagoguery, arrogant impatience, and dictatorial manner do not and cannot change reality. At the end of the day, his policies can only lead to a financial and economic disaster.” ~ Richard M. Ebeling
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Biden’s Tax Plan Is a Middle-Class Death Tax Dressed as a Capital Gains Tax on the Rich
“Say what they will about using the tax code to reduce income inequality, the fact is that multi-trillion dollar deficits have made politicians desperate for new sources of tax revenue. And, having eaten the rich, they’re now turning their eyes to the middle class.” ~ James R. Harrigan & Antony Davies
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Breaking News: Unrealized Capital Gains are Not Taxed
“There’s no real news here. Instead the White House economists who did the study, Greg Leiserson and Danny Yagan, have redefined income.” ~ David R. Henderson
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Coin Can’t Save US from Debt Crisis
“If Treasury can just slap a figure on a hunk of metal and demand that the Federal Reserve credit its account with that figure, it could force the creation of as much money as the politicians controlling it want.” ~ Robert E. Wright
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America’s Fiscal History: From Liberty to Paternalism
“Once the ideology of collectivism replaces the political philosophy of individual freedom, free enterprise, impartial rule of law, and constitutionally limited government, the nation faces not only ultimate financial bankruptcy, but cultural and social collapse as well.” ~ Richard M. Ebeling
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•
The IMF Should Be Eliminated, Not Expanded
“There are many good economists who work for the IMF and they often produce high-quality research. Sadly, their sensible analysis doesn’t seem to have any impact on the decisions of the organization’s top bureaucrats.” ~ Daniel J. Mitchell
-
•
A Current Burden of Deficit Financing
“Only someone who is convinced that government will undertake only economically worthwhile projects regardless of the means of financing – or someone who doesn’t understand economics – can look favorably upon deficit financing by government.” ~ Donald J. Boudreaux
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•
President Biden Is the Latest to Promote the Fib That Corporations Pay No Taxes
“So long as the tax code penalizes work and investment, corporate taxes will be enormously high. Call them what they are: taxes on individual earnings that harm the individual, and that by extension harm the corporations that operate within what we call an ‘economy.'” ~ John Tamny
-
•
They’re Coming for You
“Federal spending is out of control. Politicians know it and they know that they can’t stop it. A day of reckoning is coming. Politicians hope that we’ll keep pointing fingers at the rich so we don’t notice who the real culprits are.” ~ Antony Davies
-
•
Poverty Isn’t Just About Money: Expanding the Child Tax Credit
“The truth is that no country ever got out of poverty because of income redistribution. If such ‘redistribution’ could deliver such a happy outcome, the U.S. should have no child poverty at all.” ~ Veronique de Rugy
-
•
Biden’s Demagoguery that Government Spending is Costless
“President Biden’s demagoguery, arrogant impatience, and dictatorial manner do not and cannot change reality. At the end of the day, his policies can only lead to a financial and economic disaster.” ~ Richard M. Ebeling
-
•
Biden’s Tax Plan Is a Middle-Class Death Tax Dressed as a Capital Gains Tax on the Rich
“Say what they will about using the tax code to reduce income inequality, the fact is that multi-trillion dollar deficits have made politicians desperate for new sources of tax revenue. And, having eaten the rich, they’re now turning their eyes to the middle class.” ~ James R. Harrigan & Antony Davies
-
•
Breaking News: Unrealized Capital Gains are Not Taxed
“There’s no real news here. Instead the White House economists who did the study, Greg Leiserson and Danny Yagan, have redefined income.” ~ David R. Henderson
-
•
Coin Can’t Save US from Debt Crisis
“If Treasury can just slap a figure on a hunk of metal and demand that the Federal Reserve credit its account with that figure, it could force the creation of as much money as the politicians controlling it want.” ~ Robert E. Wright
-
•
America’s Fiscal History: From Liberty to Paternalism
“Once the ideology of collectivism replaces the political philosophy of individual freedom, free enterprise, impartial rule of law, and constitutionally limited government, the nation faces not only ultimate financial bankruptcy, but cultural and social collapse as well.” ~ Richard M. Ebeling