It has been a year since Congress passed President Trump's tax cuts, and the United States leapt from a back-of-the-pack 35 percent corporate income tax to a competitive 21 percent. Together with other provisions, such as changes to tax write-off rules and a one-time tax break for capital repatriation, the bill helped boost economic activity during 2018.
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Sunday, December 16, 2018
No, Obamacare will not go away. Despite a federal judge ruling it unconstitutional, you can bet that Congress will find a way to keep it on the books.
There is a lot more at stake here than just Obamacare. If this case, known as Texas v Azar, goes all the way to the Supreme Court, it could set a precedent for other entitlement programs. For this reason alone, neither Democrats nor Republicans will let that happen.
Sunday, December 9, 2018
Challenge to debate paid family leave:
I hereby challenge anyone, conservative or liberal, to debate paid family leave in a public forum.
This challenge goes out to the Independent Women's Forum, the American Enterprise Institute, or anyone else who is in favor of paid family leave.
Anywhere, any time.
------I have no allergies. Strike that: I have one. I am allergic to perbertility.
Perbertility is the combination of stupidity and arrogance. I do not often come across examples of it, which makes every case of perbertility stand out even more.
The paid-family leave issue has brought such a case to the spotlight: the Independent Women's Forum.
Friday, December 7, 2018
All it takes for socialism to conquer a country, is for intelligent people to do nothing. That is how Venezuela fell from being the wealthiest nation in Latin America to a runaway economic, social and moral disaster.
With the election of Alexandria Ocasio-Cortez to Congress, America has decided to glance through the door, to the long walk from prosperity to totalitarianism and chaos.
Monday, December 3, 2018
This article provides a background to one of the important features of my book The Rise of Big Government: How Egalitarianism Conquered America where I discuss the modern American welfare state and its ideological roots in totalitarian Swedish political theory.
In the first installment of this two-part series I discussed two examples of academic political corruption: the increasingly absurd efforts by terracentricists to defend their idea that the Earth was the center of the universe; and the equally absurd attempts by climate "scientists" to defend their deteriorating discipline.
Since 2016, only two states have raised their corporate income taxes. If the legislative leadership in Wyoming get what they want, they wil...
For the first time in forever the Swedish Nobel Memorial Prize Committee in Economics actually got it right. This year's prize is a str...
Consumer spending suggests the economy is not in too much trouble. But we also have to keep in mind how closely consumer outlays are relate...