Taxes and Spending

Will the free market underproduce roads? Not a chance. Chris Westley explains how government intervention causes traffic congestion. 

History is never as clear-cut as it is taught in public schools, but in this instance, something very strange is afoot. Tibor Machan discusses new revelations on nineteenth-century American history. 

In choosing whether tax cuts should be big or small, will the U.S. follow the path of Germany's Ludwig Erhard or of the socialists in Britain? Gregory Bresiger explains what's at issue.

Tax cuts are great, but there is a missing element in Bush's budget: any attempt to cut outlays. New spending must be paid for somehow, someday, writes Frank Shostak.

Bush's tax cut proposal is way too modest. Here's James Ostrowski's plan for a $21 trillion tax cut. It would not only get the economy going; it would restore a free market.

President Bush stands accused of using his supposedly superhuman powers to drive us into recession. William Anderson wonders whether he will also be accused of casting spells to bring down the Dow.

Traffic is a powerful and persuasive argument against the domestic and international drug war. Review and critique by Dale Steinreich.

A repeal of the inheritance tax would help everyone, even those like this author who are not likely to be taxed under present law. George Reisman makes the case.

Socialists like Bernie Sanders are pushing rebates as a substitute for tax cuts. William Anderson explains that the idea is morally and economically bankrupt.

Section 31 (a), a remnant of the New Deal that hits every stock trade, rakes in billions of play money for the government. Yet they call it a fee, not a tax.