The Impossibility of “Taxation with Representation”
The slogan "taxation without representation" implies that taxation with representation is both possible and moral. But the idea of political representation is fraught with errors.
Taxes and Spending
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California’s Tax-Limiting Prop. 13 Survives Yet Another Attack
Remember savings bonds? They were popular before the central bank made sure that safe, low-interest investments became a thing of the past.
California’s Tax-Limiting Prop. 13 Survives Yet Another Attack
Prop. 15’s attempt to undermine California Prop. 13’s property tax protections for businesses has apparently failed.
Want to Reduce the Trade Deficit? Cut Government Spending.
A trade deficit isn't actual evidence that anything is wrong. But if it were, one of the best things to do would be to reduce government spending. Unfortunately, politicians disagree.
Want to Reduce the Trade Deficit? Cut Government Spending.
A trade deficit isn't actual evidence that anything is wrong. But if it were, one of the best things to do would be to reduce government spending. Unfortunately, politicians disagree.
The Fed’s Balance Sheet May Be Headed to $40–$50 Trillion
If the current thinking continues, the world’s central banks will buy whatever paper governments issue. The result by the end of the decade will be a Federal Reserve balance sheet totaling $40 to $50 trillion.
American Voters: Don’t Look to Europe as a Model
As we face a second wave of coronavirus outbreak in Europe, we know that the March measures and aggressive lockdowns were a grave mistake.
The Fed’s Balance Sheet May Be Headed to $40–$50 Trillion
If the current thinking continues, the world’s central banks will buy whatever paper governments issue. The result by the end of the decade will be a Federal Reserve balance sheet totaling $40 to $50 trillion.
The Trillion-Dollar F-35 Fighter Program Does Not Make Americans Safer
The F-35 Joint Strike Fighter program is not worthy of a massive investment by the taxpayer—especially since the program doesn't make Americans any safer.
Most Everything Governments Do Should Be Regarded as “Corrupt”
Governments that redistribute wealth and regulate our daily lives are inherently corrupt. We cheapen the word "corruption" when we reserve it for just a few politicians who break the arbitrary rules.
