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The Marketplace Fairness Act is a Tax Increase and America hates it
Proponents of the Marketplace Fairness Act (MFA) say that it’s not a tax increase, but merely a change in who collects an existing tax. That’s inaccurate. It is both a change in who collects a tax as well as a tax increase. A few questions for proponents of the MFA. 1. Will the MFA take […]
Continue reading...Yes, Big Business Is Over-Regulated, But It’s Also “Under”-Accountable and “Under”-Responsible
23. June 2010
The BP Oil Spill prompted brilliant libertarian legal theorist Richard Epstein to remind us that the problem isn’t regulation, it’s government limits on liability (see op-ed at the Wall Street Journal). Big Business doesn’t mind regulation, as long as it can put caps on it’s liabilities (see “Too Big to Fail” … ) A tough […]
Continue reading...A New Look at Cash for Clunkers Confirms what Stimulus Programs do – Nothing (but Harm)
2. June 2010
From the Coyote Blog, see the graph below. Stimulus funds just create purchases now that will be forgone later. And they subsidize the purchases with tax funds or debt, basically transferring funds from one person to another for no good reason (other than buying votes, of course). The dotted line simply averages the sales for […]
Continue reading...Small Business is now the “Most Trusted Institute” in America
25. April 2010
If America is to return to greatness, it will be on the backs of its small businesses. Not just because we’re the most important job creators in the country, but because we’re also the most trusted group in America. Be proud, small-business owners! You’re now the most trusted group in America. Listen up, federal government! […]
Continue reading...Big Business and Big Government are Symbiotic
21. April 2010
Big Business always gets bigger when Big Government grows – because Big Government needs Big Business. Big Business also loves Big Government – its over-regulation kills off smaller competitors. They are symbiotic. The “health” of one ensures the “health” of the other. Tim Carney’s book Obamanomics does a great job spelling out how and why. […]
Continue reading...Cash for Clunkers update – predicted failure now *fully* confirmed even more than previously
23. March 2010
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Not to toot our own horn, but, toot toot. Graph from the American Thinker, Care Sales ($millions) Reported by Dealers.: Cost to taxpayers for each extra car sold because of Cash for Clunkers: $20,000 Number of clunkers turned in (and taken out of the market): 677,081 Price increase for used cars since CfC: 13.7% Change […]
Continue reading...Managed Care Scam
15. March 2010
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I am a doctor. I wanted to share the below which was first published in an online publication of a physician community, Sermo. It is a rather accurate assessment of what has been the reality of health care in our country. Physicians are being squeezed out of existence. There is the spectre of a 21% […]
Continue reading...UPS’s Union-Backed War on Federal Express is a Danger to Small Businesses
29. October 2009
If you’re a long time reader, you know that we often cite the United States Post Office’s war on USPS and UPS to highlight how Big Government is antithetical to free markets and prosperity. But recently, UPS has declared war on FedEx, in the form of Union-Driven rent seeking and the outcome of the war […]
Continue reading...Cash For Clunkers is a Modern-Day Version of the Broken Window Fallacy
3. August 2009
Cash For Clunkers is an economically unsound program that will only make the American economic situation worse. It transfers wealth from one group of people to another while simultaneously destroying real wealth and misallocating scarce capital away from its best use. To understand why this is, you need only understand the Broken Window Fallacy.
Continue reading...Big Government, Corporate Cronyism, Welfare Dependency
19. June 2009
Chances are, if you are a small business owner or employee, your business does not get much business from welfare recipients. Big business get more of the business from welfare recipients. So, what’s going on is that you are paying taxes on your productive labor, that money is being handed to a person who is […]
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19. August 2013
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