Taxes and Spending
Denmark: Potemkin Village
A heritage of honesty and hard work are marvelous tools for papering over the failures of welfarism and subtle servitude. With the right attitude, a prison population can settle into a comfortable and egalitarian existence, one that might even impress Queen Catherine passing by on a boat. Such is the case in Denmark today.
Government: The Looting Machine
Is it any wonder that under the leadership of a supposed conservative administration, the alleged nemesis of the tax-and-spend liberal democrats in government, we are now seeing increases in all varieties of bureaucratic budgets and the creation of new federal projects and even of federal agencies? If there is money to be gotten for cheap, public officials will go for it, never mind their alleged commitment to public service or their oath of office or what have you!
The PLA Menace
Given the support unions have provided for so many politicians, their support for PLA "sweetheart deals" for unions on public construction contracts is hardly surprising, particularly since very few Americans know about them. But they are doing no favors for taxpayers or for the vast majority of workers who are not union members.
A Small Victory (Finally)
In most cases, it is difficult to rein in a government's spending and taxing. It is the nature of government to expand its functions and imposts, even if there is no mandate to do it. This is the nature of democracy today, tomorrow, and yesterday. Any tax or office--no matter how ridiculous or cumbersome--will always find pals in Congress.
The Truth About Pork
After laboring mightily and giving birth to the 2001-2002 federal budget, politicians returned home for the holidays, where they spent much of their time emphasizing their role in bringing home the bacon to those local interests who benefit. But as Congress returns to "the work of the people" in a midterm election year, it is worth remembering that not one cent of the funding came from anyone except taxpayers.
The Lottery Racket
One's chance of winning a top prize in one of the rigged state lotteries is so close to zero as to be indistinguishable from zero. In California's feverish drive to take more money from a citizenry that is already overtaxed, officials are looking for an even better bet for the state: selling tickets to games that have already been decided.
The Sneaky Tax
When the AMT began, those with a $20,000-a-year or less income in 1979 were exempted. That would mean that, correcting for the inflation, today the AMT exemption should be about $54,000 for married couples filing jointly and $41,000 single filers. It isn’t. Congress, which in its wisdom never forgets to raise its own salaries, has moved slowly in raising the AMT exemption.
Welfare: Temporary and Forever
Now that the economy is in a slump, many of the workers who gave up their welfare benefits are finding themselves without a job. Many of the industries that were most likely to hire former welfare recipients have been those worst affected by the recession. These workers are finding that they have no legal right to a resumption of welfare payments because the disgraceful Aid to Families with Dependent Children program was abolished.
The Life of Carlo Ponzi
The fact that Carlo Ponzi's investment scheme lasted less than a year--while the government's "Ponzi scheme" has lasted, through good times and bad, for more than half a century--only suggests that Ponzi should have applied his talents as a politician, where he could've fleeced his victims legally.