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Archive for December 27th, 2012

Back in my less sophisticated days (shocking as it may seem, I wasn’t always the mature, statesmanlike figure I am today), I sometimes resorted to silly arguments when debating gun control, such as, “does this mean you want to ban knives since they also can be used to kill people?”

Smarter opponents would scoff and accuse me of knocking down straw men, assuming a non-existent slippery slope, or engaging in reductio ad absurdum.

I wasn’t even sure what the last one meant, but I secretly felt chagrined because I also thought the argument was nonsense. But it’s not like we had the Internet back in those days so I could quickly peruse the writings of John Lott or David Kopel.

Well, I no longer need to feel shame. It turns out that my straw man came to life and he’s sliding down a slope into a big pool of whatever that reductio thing is.

I kid you not. There’s a supposedly civilized nation that is seriously talking about banning long kitchen knives.

I’ll give you a couple of hints to help you figure out what country is considering this bizarre policy.

Yes, I’m talking about our friends in the United Kingdom.

They make some decent movies and they have cute accents, but they seem totally clueless about how to fight crime and the notion of individual rights appears to be a totally alien concept.

So the nation that once ruled half the world actually has contemplated whether to ban certain kitchen knives. Here are some details from a 2005 BBC report.

A&E doctors are calling for a ban on long pointed kitchen knives to reduce deaths from stabbing. …The research is published in the British Medical Journal. The researchers said there was no reason for long pointed knives to be publicly available at all. …The researchers say legislation to ban the sale of long pointed knives would be a key step in the fight against violent crime. …Home Office spokesperson said there were already extensive restrictions in place to control the sale and possession of knives. “The law already prohibits the possession of offensive weapons in a public place, and the possession of knives in public without good reason or lawful authority, with the exception of a folding pocket knife with a blade not exceeding three inches. … A spokesperson for the Association of Chief Police Officers said: “ACPO supports any move to reduce the number of knife related incidents, however, it is important to consider the practicalities of enforcing such changes.”

Given my low opinion of and low expectations for Britain’s political class, I’m impressed that pocket knives are still legal. It’s probably just a matter of time before than changes. After that, the next step will be fingernail clippers.

And I’m glad that the ACPO person warned that there might be problems enforcing such a silly law.

But I fully expect to see that foolish proposal get enacted at some point. After all, this is the country where a women who was being threatened by thugs got in trouble with the police for brandishing a knife in her own home.

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Like most people, I’m a sucker for a heartwarming story around the holidays.

Sometimes, you get that nice feeling when good things happen to good people, like you find at the end of a classic movie like “It’s a Wonderful Life.”

But since I’m a bit of a curmudgeon, I also feel all warm and fuzzy when bad things happen to bad people.

That’s why I always smile when I read stories about taxpayers moving across borders, thus preventing greedy tax-hiking politicians from collecting more revenue.

“Where’s our tax revenue?!?”

I’m glad when that happens to French politicians. I’m glad when it happens to Italian politicians. I’m glad when it happens to Illinois politicians. And British politicians. And Spanish politicians. And Maryland politicians. I could continue, but I think you get the point.

I’m even glad when it happens to the politicians in Washington.

I smile because I envision the moment when some budget geek tells these sleazy politicians that projected revenues aren’t materializing and they don’t have more money to spend.

So I wish I could be a fly on the wall when this moment of truth happens to California politicians. They convinced voters in the state to enact Prop 30, a huge tax increase targeting those evil, awful, bad rich people.

Governor Brown and his fellow kleptocrats in Sacramento doubtlessly are salivating at the thought of more money to waste.

But notwithstanding a satirical suggestion from Walter Williams, there aren’t guard towers and barbed-wire fences surrounding the state. Productive people can leave, and that’s happening every day. And they take their taxable income with them.

Usually in ways that don’t attract attention. But sometimes a bunch of them leave at the same times, and that is newsworthy. Here’s an example of that happening, as reported by the San Francisco Chronicle.

Chevron Corp. will move up to 800 jobs – about a quarter of its current headquarters staff – from the Bay Area to Houston over the next two years but will remain based in San Ramon, the oil company told employees Thursday. …The company already employs far more people in Houston – about 9,000 full-time employees and contractors – than it does in San Ramon.

We don’t know a lot of details, but these were positions at the company’s headquarters and they were “technical positions dealing with information and advanced energy technologies…tied to Chevron’s worldwide oil exploration and production business.”

Let’s assume these highly skilled employees earn an average of $250,000. I imagine that’s a low-ball estimate, but this is just for purposes of a thought experiment. Now multiply that average salary by 800 workers and you get $200 million of income.

And every penny of that $200 million no longer will be subject to tax by the kleptocrats in the state’s capital.

In other words, we’re seeing the Laffer Curve in action.

Politicians can raise tax rates all day long, but that doesn’t automatically translate into more tax revenue. Politicians keep forgetting that taxable income is not a fixed variable.

What’s happening in a big way with Chevron is happening in small ways every single day with investors, entrepreneurs, small business owners, and other “rich’ people.

That’s good for the people escaping. And it also will warm my heart when California’s despicable politicians discover next year that there’s an “unexpected” revenue shortfall.

P.S. It’s just an anecdote that the Chevron jobs are going to Texas. But when you add together a bunch of anecdotes, you get data. And according to the data, Texas is kicking the you-know-what out of California. Maybe there’s a lesson to be learned?

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