Excellent Cartoon on the Value-Added Tax

Amazingly, it was published in the Washington Post. I have to confess, though, that I didn’t find it. I’m in the Cayman Islands for a conference and Jim Miller (Ronald Reagan’s second-term Budget Director and a great American) included it in his presentation. Needless to say, I swiped it from him so I could share [...]

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Encouraging Polling Data

I realize that public opinion polls are quirky and that answers often depend on how questions are phrased. Nonetheless, these results seem very strong. As reported on the Bankrupting America website, there is more than three-to-one opposition against a value-added tax: Voters think a value added tax, or VAT, is a bad idea for America. [...]

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The Laffer Curve Strikes…Again

Here’s a blurb from a Wall Street Journal Editorial this morning. It seems a high tax rate is leading to less revenue. When will the politicians finally learn? What do you do about a tax that costs jobs and raises little money? Florida lawmakers have been pondering that question in relation to the 6% registration [...]

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