All Posts Tagged With: "tax rates"
Which Strategy Really Ended the Great Depression?
“World War II got us out of the Great Depression.” Many people said that during the war, and some still do today. The quality of American life, however, was precarious during the war. Food was rationed, luxuries removed, taxes high, and work dangerous. A recovery that does not make—as Robert Higgs points out in Depression, [...]
24Aug2011 | Burton W. Folsom Jr. | 6 comments | ContinuedTransfer Machine
“The government who robs Peter to pay Paul can always depend on the support of Paul,” George Bernard Shaw once said. For a socialist Shaw demonstrated good sense with that quotation. Unfortunately, America has become a laboratory in which his hypothesis is being tested. The theory of government I was taught says that government provides [...]
1Jan2010 | John Stossel | 7 comments | ContinuedWhy the Social Security Tax Cap Shouldn’t Be Raised
In recent months Senator Lindsey Graham, a Republican from South Carolina, has suggested making all earned income up to $200,000 subject to the Social Security (FICA) tax. The current maximum on which Americans pay the tax is $90,000. This maximum rises every year based on a government estimate of real wage growth in the recent [...]
1Jun2005 | David R. Henderson | 1 comment | ContinuedOriginal Intent and the Income Tax
Entrepreneurs drive the economy. By creating and investing in new businesses, ideas, and innovations, the entrepreneur ensures economic renewal and growth. Unfortunately, the federal government has an economically unhealthy habit of throwing obstacles in the path of entrepreneurs, such as burdensome regulations and inflationary monetary policies. Perhaps the most formidable government barrier, though, is the [...]
1Feb1996 | Raymond J. Keating | 3 comments | Continued-
The Latest
Contraception: Insuring the Uninsurable
Update below. Controversy rages over the Obama administration’s mandate that all employers – including... Read More
The Snow Plowers’ Petition
The following might have happened in a small college town in upstate New York… In a cold and snowy... Read More
Super Bowl versus Education?
In the spirit of Super Bowl weekend I’d like to deconstruct a Facebook status update that a friend... Read More
Capitalism, Corporatism, and the Freed Market
When a front-running presidential contender tells the country that thanks to Barack Obama, “[w]e are... Read More
Creating Jobs versus Creating Value
Picking on New York Times columnist Paul Krugman is one of the largest participation sports on the Internet.... Read More
