Archive for the ‘Taxes’ Category

Actually, I think Matt Yglesias is right about this one

Tuesday, June 10th, 2014

In a much-ridiculed Tweet from 2013, Matt Yglesias said that a higher-taxed company will not charge higher prices than its lower-taxed competitor because "Taxes are paid on profits not sales. It's irrelevant to pricing." @Mikexxxx1 No. Taxes are paid on profits not sales. It’s irrelevant to pricing.— Matt Yglesias (@mattyglesias) July ...

On encouraging the purchase of food

Sunday, June 2nd, 2013

You might have heard some people making fun of Kansas state Senator Jeff Melcher (R) for opposing a decrease in the state sales tax on food because, "It seems to me we are encouraging the behavior of purchasing food and discouraging the behavior of purchasing anything else." Two major, obvious ...

Arianna Huffington on short-term solutions to long-term problems

Thursday, December 13th, 2012

I liked this column by Arianna Huffington about the fiscal cliff face-off and the irrelevance it has to our deeper, long-term problems of employment and growth: 'Slightly Above Zero': A Slogan for Our Age of Diminished Expectations. I never thought of her as an astute political commentator, but this is ...

Google shifted profits offshore to avoid taxes. Good for them!

Thursday, October 13th, 2011

The IRS is investigating how Google shifted some of its profits to offshore subsidiaries to avoid paying taxes on them. Good for Google! I have displayed varying degrees of vocality in my disappointment or disapproval of some of Google's practices in the past, such as the creepiness and Orwellianness of ...

Farhad Manjoo is a raging moron and a danger to society

Tuesday, August 2nd, 2011

It's a good thing Slate.com columnist Farhad Manjoo isn't a historian, or he'd probably argue that the best solution to slavery in America would have been to allow blacks an equal chance to enslave white people, because that would be "fair" in his biased, uninformed, unimaginative mind. Amazon.com is resisting the ...

Because in a free society, unfettered corporations would prey on poor, defenseless individuals and extort them for illegitimate and non-consensual “protection fees”

Thursday, July 14th, 2011

Yankees fan Christian Lopez, who caught Derek Jeter's 3000th career hit, which was a home run, could owe an extra $14,000 in income taxes next year due to the value of the seats and other perks the Yankees rewarded him in exchange for giving them the ball back and not ...

End-of-the-month links

Saturday, April 30th, 2011

Amazon.com's cancellation of its plans to open a South Carolina distribution center and high-tailing it out of town because the state legislature voted against giving the company a tax exemption are interesting from a libertarian perspective for a couple reasons. First, from a principled anti-tax standpoint, this is one of ...

Democrats’ same old “raise taxes” crap

Thursday, March 17th, 2011

After 8 years of Republican deficits, inflation, cronyism, and war, the liberal Democrats of this country had a nice opportunity to accomplish something worthwhile, or at least stand for something new and different. Their motto was "hope" and "change", and even if we knew their President and their Congress weren't ...

Big government is only possible because of previous free enterprise, not the other way around

Monday, March 14th, 2011

Libertarians should be familiar with the position that the mixed-economy socialism much of the Western world lives under is only affordable because previous decades of relative freedom have enabled a level of economic production and a climate of trust, mutual dependability, and competition that produced the wealth that could (relatively ...

Links for an ending week

Friday, November 5th, 2010

The Fraud Started at the Very Top: With Government Leaders, from Washington's Blag. See their numerous examples of how rating agencies, the Treasury Department, the SEC, the Federal Reserve, Fannie Mae, Freddie Mac, and others committed fraud and helped banks commit fraud. This is truly a devastating list of criminality ...

Misguided Tea Partiers, misguided Tea Party haters

Monday, April 26th, 2010

You know, I actually think it's a shame the Tea Party gatherings receive nothing but ridicule and not discussion or engagement from the liberal Democrats. Really, what's more of a shame is that they deserve a lot of the ridicule, from libertarians and libertarian-ish people, because the movement has become ...

Fish in a barrel 6

Thursday, December 17th, 2009

For some combination of reasons, the main one probably being the coming of the Second Great Depression and the need of so many people to save money, the exorbitant price of a college degree is being criticized and questioned more loudly and frequently than I can remember. For instance, Peter ...