A number of millionaires are fine with their taxes being raised. I myself could live with slightly higher taxes, though I don’t like the idea of going higher than the Clinton era levels on federal taxes. The Clinton-Gingrich era was […]
Taxes
Proposition 13 — The Good and Bad
As I’ve said before, the famous part of Proposition 13 – the part that protected existing homeowners from being gouged by their own rising home values – should be kept. Large cash taxes, when cash or liquid assets are not […]
‘Smart Growth’ or Housing Opportunity
John Crawford, of Sierra Madre, misunderstands the proper purpose of SB 375. Yes, it is a form of social engineering, but so are the existing policies in those towns forbidding high density housing. Yes, it is mistaken if it is trying […]
Raise Revenues by Reducing Taxes?
Now, Ramesh Ponnuru, long time of National Review, sees it. And Pawlenty is still convinced we are above the tip of the Laffer Curve, and that there are more revenues to be got by reducing taxes. This is debatable. Related: […]
And Republicans Were All So Pious About ‘Local Control’ . . .
And Republicans were all so pious about ‘local control.’ They don’t want local government to raise taxes or fees, but it seems to be OK with them – except for the ever-reliable Chris Norby – for local government to declare […]
Life in the Slow Lane
Our infrastructure has been squeezed between resistance to raising taxes on the one hand, and welfare demands on the other. Related: “Life in the Slow Lane” by The Economist
Once Again, the Laffer Curve Curves
Michael Barone, whom I usually respect, confuses, like most Republicans, the issue about tax rates. Yes, when Kennedy cut the top rate from 90% to 70%, federal revenues did actually go up. And when Reagan cut the top rate to […]
Progressive Consumption Taxes
I agree with Frank, not with Henderson. I have a lot less problem with progressive consumption taxes on the rich than with progressive income taxes. That way if the rich use their money constructively, for capital investment, saving, or philanthropy, […]
David Stockman, Again
In this article, David Stockman, although both a hard-money man and a social liberal, comes out against continuing the G. W. Bush tax cuts! Read it to find out why. Related: “The Triumph of Politics Over Economics” by Nick Gillespie […]
Club Wagner
I have asked to become a member of Club Wagner. I cannot be both that and a California Republican, that has been made abundantly clear. Related: “Club Wagner” by Douglas Holtz-Eakin at NYTimes.com Blogs Related: “Conservatives for Higher Taxes” by […]