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Arnault Shrugs, French Outraged
Over in France, they’ve elected a socialist. His name is François Hollande. Hollande will soon implement a 75% tax on incomes that exceed 1 million Euros. If you were being penalized by this kind of tax, don’t you think you’d be looking for a more amiable, wealth-friendly place to live?
Continue readingAnother Brick in the Wall of Socialism
Well, if Romney and I agree on one thing, it’s that Obama’s mandatory health insurance law is bad. The Wall Street Journal reports: “What the court did not do I will do on my first day as president,” Republican presidential candidate Mitt Romney said. “ObamaCare was bad policy yesterday. It’s bad policy today.” Thanks to […]
Continue readingTyranny and the Death of Honest Industry
The U.S. tax system is a malignant cancer: as it metastasizes, it brings with it a huge administrative burden, disincentives to produce anything of value, and the death of honest industry. Ultimately, a civil government’s laws and tax system reflect its underlying values (or lack thereof). In the U.S., it’s clear that we’ve transitioned away […]
Continue readingShould Government Selectively Support Local Business?
This morning I discovered that the town I live in has a “daytime dilemma.” Apparently, “an estimated 80 percent to 85 percent of the [Parker] population leaves by 8 a.m. each weekday, making things more difficult on local businesses, particularly restaurants that rely on a steady lunch crowd to make ends meet.” Hmmmm… okay. So […]
Continue readingWhat Do My Tax Dollars Get Me? Government Incompetence, Of Course!
“Five thousand dollars goes fast when the government takes ten…” I made a decent income in January, but it’s all gone already. It’s not because I’m a big spender either. Rather, it’s because the government is. Every year, between January 15 and January 31, my corporate taxes are due. First I pay the federal government. […]
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