Taxation
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Why Not Do Something Before Social Security Runs Out of Money?
“Any move toward improved fiscal responsibility and sustainability will be attacked as unfair. But every option is now unfair.” ~Gary M. Galles
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It’s Time to Discard Piketty’s Inequality Statistics
“As the study and measurement of inequality progresses, Piketty’s (and his team’s) main estimates have become obsolete and might be properly consigned to the field of the history of economic thought.” ~Phil Magness & Vincent Geloso
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Politicians’ Job Training and College Sales Pitch is Snake Oil
“Are job training programs actually providing useful training to the people affected by foreign trade? Don’t ask lawmakers. They’d prefer that people give them credit for the intent and ignore questions about outcomes.” ~James M. Hohman
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Universal Basic Income? Universal High Income?
“Where would the money come from, existing program cuts, higher existing taxes, new taxes, and/or new money creation? Would a UBI simply displace the current hodge-podge of income transfers or add yet another layer?” ~Robert E. Wright
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Underdog States Improve Their Business Tax Climate
” As they continue to reduce tax burdens, they create environments where individuals and businesses can retain more of their earnings, which invites innovation, improves the quality of life, and encourages moving to those states.” ~Vance Ginn
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Driver Shortage? Not So Fast
“Rather than work with shippers and receivers to fix these issues, the trucking industry has decided that it is more cost effective to stick taxpayers with the bill for replacing truckers who, having discovered that the business neither respects nor pays for their time, make the rational choice to quit.” ~Gord Magill
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Trade-offs: The Ugly Truths of School Finance
“Perhaps expanding school choice could encourage districts to set their house in order. Maybe a renewed focus on financial accountability could help stem the tide of nonsense.” ~Garion Frankel
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The Awestruck and the Awws
“No matter how much higher standards of living for nearly everyone in today’s market-oriented economies are, living standards could be even higher. The costs of obtaining, maintaining, and further raising these living standards could be even lower.” ~Donald J. Boudreaux
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Forced Reconversion to that “Old-Time Fiscal Religion”
“Circumstances beyond our control will likely compel us to revert to something like the ‘old-time fiscal religion’ of balanced budgets during ordinary times, reserving deficits for extraordinary times.” ~Alexander W. Salter
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Joe Biden, Shifty Economists, and the Big Lie
“America’s federal tax system remains steeply progressive, and no politically motivated data manipulation will ever alter that fact.” ~Phil Magness
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•
Why Not Do Something Before Social Security Runs Out of Money?
“Any move toward improved fiscal responsibility and sustainability will be attacked as unfair. But every option is now unfair.” ~Gary M. Galles
-
•
It’s Time to Discard Piketty’s Inequality Statistics
“As the study and measurement of inequality progresses, Piketty’s (and his team’s) main estimates have become obsolete and might be properly consigned to the field of the history of economic thought.” ~Phil Magness & Vincent Geloso
-
•
Politicians’ Job Training and College Sales Pitch is Snake Oil
“Are job training programs actually providing useful training to the people affected by foreign trade? Don’t ask lawmakers. They’d prefer that people give them credit for the intent and ignore questions about outcomes.” ~James M. Hohman
-
•
Universal Basic Income? Universal High Income?
“Where would the money come from, existing program cuts, higher existing taxes, new taxes, and/or new money creation? Would a UBI simply displace the current hodge-podge of income transfers or add yet another layer?” ~Robert E. Wright
-
•
Underdog States Improve Their Business Tax Climate
” As they continue to reduce tax burdens, they create environments where individuals and businesses can retain more of their earnings, which invites innovation, improves the quality of life, and encourages moving to those states.” ~Vance Ginn
-
•
Driver Shortage? Not So Fast
“Rather than work with shippers and receivers to fix these issues, the trucking industry has decided that it is more cost effective to stick taxpayers with the bill for replacing truckers who, having discovered that the business neither respects nor pays for their time, make the rational choice to quit.” ~Gord Magill
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•
Trade-offs: The Ugly Truths of School Finance
“Perhaps expanding school choice could encourage districts to set their house in order. Maybe a renewed focus on financial accountability could help stem the tide of nonsense.” ~Garion Frankel
-
•
The Awestruck and the Awws
“No matter how much higher standards of living for nearly everyone in today’s market-oriented economies are, living standards could be even higher. The costs of obtaining, maintaining, and further raising these living standards could be even lower.” ~Donald J. Boudreaux
-
•
Forced Reconversion to that “Old-Time Fiscal Religion”
“Circumstances beyond our control will likely compel us to revert to something like the ‘old-time fiscal religion’ of balanced budgets during ordinary times, reserving deficits for extraordinary times.” ~Alexander W. Salter
-
•
Joe Biden, Shifty Economists, and the Big Lie
“America’s federal tax system remains steeply progressive, and no politically motivated data manipulation will ever alter that fact.” ~Phil Magness