Australia got rid of its death tax in 1979. A couple of Aussie academics investigated whether the elimination of the tax had any impact on death rates. They found the ultimate example of supply-side economics, as reported in the abstract of their study. In 1979, Australia abolished federal inheritance taxes. Using daily deaths data, we [...]
Archive for July 14th, 2010
The Deadly Impact of the Death Tax
Posted in Australia, Big Government, Class warfare, Death Tax, Supply-side economics, Tax avoidance, Tax Increase, Taxation, tagged Australia, Class warfare, Death Tax, Soak the Rich, Supply-side economics, Tax avoidance, Taxation on July 14, 2010 | 8 Comments »
Political Humor and Obamacare (at least I hope this is just a joke)
Posted in Health Care, Health Reform, Humor, Political Humor, tagged Humor, Obamacare, Political Humor on July 14, 2010 | 1 Comment »
If necessary, click on the image to see a version with better resolution.
TARP Is a Moral Abomination
Posted in Bailout, Corruption, Financial Crisis, Moral Hazard, tagged Bailouts, Corruption, Financial Crisis, Moral Hazard on July 14, 2010 | 11 Comments »
I have the “opposing view” column in USA Today this morning, and my job was to explain why the politicians who voted for the Wall Street bailout deserve the scorn of voters. I made two points. First, there was no need to bail out specific firms – even if one thought the government needed to [...]