Here’s another taxpayer ripoff story. Some of the so-called stimulus money was used to subsidize a casino that rakes in $1.3 billion every year. Something to keep in mind the next time a politician tells you that there’s no waste in the budget and we need to raise taxes: With the support of Sen. Chris [...]
Archive for June 19th, 2010
Great Moments in Government Waste: Tax Dollars for a Wealthy Casino
Posted in Obama, stimulus, Taxpayer Ripoff, tagged Obama, stimulus, Taxpayer Ripoff on June 19, 2010 | Leave a Comment »
Red Light Cameras Are a Dangerous Government Ripoff
Posted in Local government, Taxpayer Ripoff, tagged Local government, Taxpayer Ripoff on June 19, 2010 | 8 Comments »
Radley Balko’s Reason article explains how local governments install red-light cameras in ways that increase accidents because they are greedy for more revenue: …the Florida Public Health Review published a research paper that concluded the cameras “actually increase crashes and injuries, providing a safety argument not to install them.” In particular, there has been a [...]
Russia Getting Rid of Capital Gains Tax
Posted in Capital Gains Tax, Competitiveness, Flat Tax, Russia, Tax Reform, tagged Capital Gains, Capital Gains Tax, Competitiveness, Flat Tax, Russia, Tax Reform on June 19, 2010 | 22 Comments »
The former communists running Russia apparently understand tax policy better than the buffoons in charge of U.S. tax policy. Not only does Russia have a 13 percent flat tax, but the government has just announced it will eliminate the capital gains tax (which shouldn’t exist in a pure flat tax anyhow). Here’s a passage from [...]
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