Posts Tagged ‘taxation’

The Beer Drinker’s Parable

The following story is often passed along by Republicans who wish their liberal friends could understand economics.  They hope that making a simple parable out of the down-side of progressive taxation they can stop the madness.  As Dr. Kamerschen (the author) and many other economist and philosophers (including my favorite Ayn Rand) have pointed out, there is no stopping the madness of self destructive societal behavior that attempts to feed on the success of others.  That’s certainly one of the factors that’s contributed to Trenton’s mess.  We love the poor and hate the rich.

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Taxation as a revitalization tool

A good first step towards Trenton’s revitalization is reinventing its tax system. Restructuring the tax system will take strong leadership, a good ability to communicate and a desire to be a leader in NJ’s efforts to reinvent its urban centers. My hope is that our next mayor can take up the mantle of making this important change. Read the rest of this entry »