In tonight’s State of the Union address, Pres. Obama called on Congress to raise taxes on the wealthy. He wants them to “pay their fair share.” Set aside the moral issues of redistributive taxes (it is a form of slavery to assert ownership over the value of someone else’s economic output - but that’s for [...]
Jim Pethokoukis on why Mitt Romney’s 15% tax rate is actually too high:
We shouldn’t tax what we want more of. And the real problem with the capital gains tax isn’t the rate or how it is structured, but what is taxed: gains on investments, which are savings put to work. Economists of all stripes have [...]
Homicide has dropped of the list of the top causes of death in the U.S. at the very time that gun ownership is expanding. Want some antacid on the side, guys?
It seems the geniuses in Philly’s city council plus Mayor Nutter have decided a really good way to make Philly more competitive is to make it more expensive to hire people. They have decided to prohibit companies from asking about an applicant’s criminal history until after their first interview. The only exception is for law [...]