Michael Giberson Brace yourself, sequester is coming! The news has been filled with horror stories over the pain threatened by the sequester cuts. From the mighty New York Times (“As Governors Meet, White House Outlines Drop in Aid to States“) and Wall Street Journal (“Governors Brace for Sequestration’s Hit to States“) down to a blog … More Sequester Reporting Scavenger Hunt: Official Rules
Michael Giberson Perhaps you’ve seen the video of Elizabeth Warren, hoping to be elected to the U.S. Senate from Massachusetts, in which she declaims that since roads and police and fire protection are funded through taxes, people have no real claim to their income or wealth against a government that wants to take it. After … More On the Obligations of Income-Earners and Property-Owners to Pay Taxes
Lynne Kiesling I was intrigued last week to read Bruce Yandle’s short piece in Regulation discussing Pigou and his ideas about taxation in the context of modern “Pigouvian” policy proposals. I recommend his essay highly; it communicates eloquently how Pigou’s ideas are currently being used as a justification for a variety of forms of taxation. … More Pigou As Public Choice Economist, Not a Pigouvian
Michael Giberson From the Fredericksburg, VA, Free Lance-Star, “GAS-TAX PINCH OR GOUGING?“: Spotsylvania County Supervisor Hap Connors threatened yesterday to file price-gouging complaints because of a lobbying association’s campaign that blames a Virginia Railway Express tax for increased gas prices. The county became a member of the commuter rail service Monday and enacted a 2.1 … More Local Politician Threatens to File Price Gouging Claims Against Gasoline Retailers Opposing Tax
Michael Giberson State and local economic development agencies and assorted politicians like to trumpet their successes in using tax breaks and other incentives to induce companies to locate in their areas. Rarely does anyone report how these deals turn out in the months and years after that initial photo op. From BusinessWeek‘s Management IQ blog, … More When Good Deals Go Bad for Economic Development Planners
Lynne Kiesling I’ve been complaining about this for so long, what will I do with myself … ? The long-reviled excise tax to pay for the Spanish-American War will finally be eliminated: The Treasury Department, conceding that it has no right to continue collecting a 108-year-old tax on long-distance telephone calls, announced yesterday that it … More So We’re Finally Done Paying for the Spanish-American War! … More So We’re Finally Done Paying for the Spanish-American War!