by Richard W. Rahn | Oct 28, 2014
After last week’s ruling wherein a federal court failed to permanently bar the Internal Revenue Service from targeting conservative groups, there can be no doubt that liberty and the IRS are incompatible. The IRS continues to seize bank accounts of individuals...
by Richard W. Rahn | Oct 21, 2014
What is the maximum income-tax rate that anyone should be expected to pay? Some questions are never settled, in part because people often ignore the theoretical and empirical evidence, and history that can help answer the question. The question of what an optimum...
by Richard W. Rahn | Oct 14, 2014
If you pay people not to work, what do you think they will do? In a new staff paper published by the New York Federal Reserve Bank titled “Unemployment Benefits and Unemployment in the Great Recession,” the researchers found “that most of the...
by Richard W. Rahn | Oct 7, 2014
When the government “fines” you for not buying health insurance, is it, in fact, a fine, a tax or government extortion? The biggest U.S. banks have been “fined” something in the neighborhood of $125 billion (yes, billion) over the past five...