The competition to be the Greece of America has a lot of contestants. California and Illinois certainly are strong candidates. New Jersey was an early favorite, though Gov. Christie is actually doing some good things and pulling the state back from the precipice. But let’s not forget New York. Here’s an excerpt from a Wall [...]
Archive for June 15th, 2010
Taxpayers vs. Bureaucrats, Part XXXI
Posted in Big Government, Bureaucracy, Bureaucrats, New York, tagged Big Government, Bureaucracy, Bureaucrats, New York on June 15, 2010 | Leave a Comment »
Don’t Blame Obama for the Oil Spill
Posted in Environmentalism, Obama, Regulation, tagged Environment, Obama, Regulation on June 15, 2010 | 4 Comments »
Anne Applebaum is completely correct in stating that President Obama should not be blamed for the BP oil spill – either that it happened or that the leak hasn’t been stopped. I think Republicans look stupid when they attack Obama for what is happening, though I can sympathize with the “payback” impulse since Democrats attacked [...]
America Will Now Be the Unquestioned World Leader…But in the Wrong Way
Posted in Class warfare, Competitiveness, Corporate income tax, Corporate tax, Japan, Tax Competition, Taxation, tagged Class warfare, Competitiveness, Corporate income tax, Corporate tax, Japan, Tax Competition, Taxation on June 15, 2010 | 6 Comments »
The United States has a very anti-competitive corporate tax regime. The federal tax rates is 35 percent and the average of state corporate tax systems brings the rate to nearly 40 percent. In Europe, by contrast, the average corporate tax rate is about 25 percent. Depending on which measure is used, the United States and [...]