While it will be nice to say “I told you so” when Obamacare leads to bad results in America, I would much prefer to avoid having stories like this appear in the American press. But in the United Kingdom, where government controls more than 90 percent of the healthcare system (as opposed to my rough [...]
Archive for July 21st, 2010
Great Moments in Government-Run Healthcare
Posted in England, Government intervention, Health Care, Health Reform, Obama, tagged England, Government intervention, Government-run healthcare, Health Care, Health Reform, Obamacare on July 21, 2010 | 9 Comments »
One Fish, Two Fish, High Tax, Low Tax
Posted in Competitiveness, States, Taxation, tagged Competitiveness, States, Taxation on July 21, 2010 | 2 Comments »
With apologies to Dr. Seuss, maybe that will be the name of a future book I’ll write about the anti-competitive impact of high tax rates. And one of my chapters will be about what we can learn from the states. Richard Rahn’s column in the Washington Times reviews some of the key evidence on this [...]
The Joint Committee on Taxation’s Voodoo Economics
Posted in Economics, JCT, Joint Committee on Taxation, Laffer Curve, Taxation, tagged Dynamic Scoring, Incentives, JCT, Joint Committee on Taxation, Laffer Curve, Static Scoring on July 21, 2010 | 15 Comments »
The Wall Street Journal has an excellent editorial this morning on the obscure – but critically important – issue of measuring what happens to tax revenue in response to changes in tax policy. This is sometimes known as the dynamic scoring vs static scoring debate and sometimes referred to as the Laffer Curve controversy. The key thing to [...]