It may not mean much since the Democratic vote was divided by two candidates, and it is offset by the loss in the Pennsylvania special election, but it must rankle Obama that the GOP won his childhood congressional seat after 20 years of Democratic control. We will see this November whether this is a trend [...]
Archive for May 23rd, 2010
Republican Wins Hawaii Special Election
Posted in Election, Obama, tagged Election, Hawaii, Obama, Special Election on May 23, 2010 | Leave a Comment »
Greetings from Hungary
Posted in Election, Europe, Laffer Curve, tagged Election, Europe, Hungary, Laffer Curve on May 23, 2010 | 3 Comments »
A conference in Hungary was the most recent event on the Free Market Road Show. I tried to do something different at this event, focusing mostly on the Laffer Curve as I explained how European governments will fail if they try to fix the over-spending problem by raising taxes. But regular readers of this blog have [...]
Killing Jobs with Class Warfare Corporate Taxation
Posted in Cato Institute, Competitiveness, Corporate income tax, Corporate tax, Jobs, Taxation, tagged Cato Institute, Competitiveness, Corporate income tax, Taxation on May 23, 2010 | 6 Comments »
Richard Rahn’s Washington Times column makes several key points about corporate taxation, including the fact that excessive taxation of capital (the corporate income tax being just one example) is extremely foolish such taxes impose the most damage – per dollar collected – when compared with other forms of revenue. To add injury to injury, the [...]