Chris Edwards
Government job salaries outpace private sector
That’s the subject of a USA Today analysis, which reveals an outrageous increase in salaries at the top levels of the federal workforce. I’ve been complaining about excessive federal pay for some time based on one set of data, and now Dennis Cauchon provides strong support for my thesis using a different set of data.
Obama’s treasure hunt
One news headline announcing the Obama administration’s tax reform task force got it exactly right: “Obama Tax Panel on Treasure Hunt.” The task force, which is to report its findings by December, does not appear to be a serious effort at tax reform. Instead it seems to be another administration initiative to hold Americans upside [...]
The spending threat
Rising unemployment, stagnant wages, falling housing prices … The US economy has overcome such crises time and again in the past. But President Obama and his allies in Congress are gearing up to wallop families and businesses with an array of new taxes to fund a host of spending plans. These won’t just hit hard [...]
Washington is hooked on subsidy programs
Most people know that federal spending and budget deficits are soaring. But an equally troubling trend is that the government is funding a growing array of activities that used to be left to state governments, businesses, charities, and individuals. An increasing part of American society is suckling on the federal subsidy teat.
Resenting the rich
Should the rich pay higher taxes? Definitely not. Governments do not need any more money, and they misallocate much of what they already take from us. Furthermore, taxation imposes large deadweight losses on the economy, which makes us all poorer.
