Policy
Economists have come to recognize that there is no living thing called a corporation. A corporate income tax is a double tax upon stockholders, first as a “corporation,” and next upon their personal income.
... See moreNineteenth-century educational reformers wanted schools as efficient and impersonal as America’s impressive manufacturing facilities, so they established a system that treats children like industrial workers. Under the watchful eye of an overseer, students toil silently until a bell signals their opportunity to eat and briefly socialize. Unlike
... See moreThe core purpose of a tax code should be to raise money for the government with the least damage to economic growth. Ideally, this means low tax rates on a broad tax base. The broader the tax base, the lower rates can be, the less political friction there is, and the less harm to incentives to work and invest.
The Trump-Ryan 2017 reform made
... See moreAmerica cannot redistribute its way to prosperity. Aggressively raising taxes on the wealthy by 1.5% of GDP ($5 trillion over the decade) and redistributing those funds equally to every American would provide just $1,500 per person annually. Certainly helpful, but no substitute for the rising incomes produced by strong economic growth.
Thus,
The sense of public service in government employment has long since disappeared and has been replaced with complacency and a belief in job entitlement. Thus the lack of a clear definition of "customer" can lead to unintended consequences.
... See moreMany students no longer arrive at college—even at highly selective, elite colleges—prepared to read books.
…the student told Dames that, at her public high school, she had never been required to read an entire book. She had been assigned excerpts, poetry, and news articles, but not a single book cover to cover.
The anecdote helped explain the change
Genuine reform requires capping the growth rate of costs across all major government health programs, ideally implementing them together, and reallocating some of the savings to reduce, rather than increase, the number of uninsured
... See moreAs of February this year, per-pupil spending in the United States averaged $20,387. Perhaps the issue is more accurately described as a misallocation of funds. A disproportionate amount is spent on activities, services, and staffing priorities unrelated to instruction—transportation, school meals, social and mental health services, and
Thomas Jefferson, in his first inaugural address, articulated one of the clearest assertions about “good government” consistent with the spirit of the Declaration.
“…a wise and frugal Government, which shall restrain men from injuring one another, shall leave them otherwise free to regulate their own pursuits of industry and improvement, and shall
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