Corporations Have Already Paid Massive Taxes. Bring the Rate to Zero
Realistically, and in a comment on how much wallet share Congress already enjoys, the only reasonable corporate tax is zero.
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Essays
Writing by John Tamny and Parkview contributors, from the latest commentary to the collected archive.
994 essays · Newest first
Clear filtersMonetarism Didn’t Discredit the Phillips Curve, Rather It Mirrors It
Monetarism: Government has no resources. It can only spend what it’s taken from us first.
As Blackstone Searches for the Future of Housing, Lawmakers Get In the Way
Here’s hoping legislators get out of the way so that market forces make their way into the American home.
The Love Affair With ‘The Bear’ Is Bullish, and Raises An Exciting Question
The more jobs or aspects of jobs made redundant by machines, and yes, global trade, the more new jobs that lift narrow, formerly unrecognized skills will reveal themselves.
The Trump Crowd Wrote the Nobel Laureate Critiques of Trump
Well, you could see this one coming from miles away… What’s that? Nobel economists using the GOP’s new definition of “inflation” to critique Donald Trump’s future policies.
Assuming “Vibecession” Is a Real Thing, It’s Quite Bullish
Whatever informs a greater propensity to save will as a rule enable soaring production without which there is no production. In short, and assuming “Vibecession” is a real thing, it’s once again…
On the Matter of Immigration, Nicholas Kristof Plays Conservatives Like a Stradivarius
Who needs Karl Marx when you have Nicholas Kristof playing conservatives so brilliantly?
Mill, Say & Smith Would Wisely Note That 2021-Present Is Not Inflation
It’s accepted wisdom that the high-priced goods endured by consumers in recent years were evidence of inflation. Except that they were not.
Cut Taxes For Restaurant Waiters, But Don’t Expect Growth
Cut taxes. Waiters and waitresses should be taxed less, but entrepreneurs and CEOs should be taxed much less.
Bret Stephens Unwittingly Suggests ‘They Didn’t Build That’
Stephens disappointingly makes a case that the market’s vitality is a Federal Reserve thing. He quotes Sharma as saying in an interview that “When the price of borrowing money is zero, the price of…
Protect Adolescents From Surgeon Generals, Not Social Media
In a Times opinion piece published the day after his announcement, Murthy argued that “young people should be protected from technology that hasn’t been proved safe.”
Larry Allen’s Hall of Fame Career Has Meaning Well Beyond It
Troy Aikman once speculated that Larry Allen was the best player in the NFL. People who understand the highly cerebral sport can decide for themselves if Aikman was right.
Doctors Didn’t Disappear, They’ve Happily Chosen to Earn More
Doctors still exist, but technology has happily freed them from a business model of old that allowed them to see and treat a tiny fraction of the individuals they could and will be able to treat in…
Beyond Prosperity, AI Will Imbue the World With Immense Dignity
The erasure of work won’t put mean we’re not working, but it will mean we’re working in ways that maximize our ability to showcase our unique skills and intelligence.
The Trump Tax Cuts Were Keynesian, Not Supply Side. Let Them Lapse
Consumption is once again a consequence of reducing the tax burden on those (the rich) most penalized by taxes. No serious supply-sider would disagree with what’s just been said, which is why it’s…
Janet Yellen Is the Big Threat to the U.S. Economy, Not China
Janet Yellen asserted that “if we do not respond strategically and in a united way” to “China’s industrial policy,” the “viability of businesses in both our countries and around the world could be at…
The Fed Extols the Virtues of Cake to Debit-Card Users
Put another way, the Fed’s imposition of price ceilings on debit cards will be felt most uncomfortably by those with the most limited access to banking and its various services.
As Wealth Grows, Social Security’s Political Potency Plummets
Watch as tomorrow’s retirees are won over not with entitlements, but with political competition to reduce taxes on retirement withdrawals in concert with plans to delay the withdrawal age to well…
Jennifer Lopez Is a Reminder of the Huge Risks Live Nation Took
Lopez is the embodiment of the major risks Live Nation took to get where it is, and how perilous its status will always be given the massive uncertainty (remember Tower Records, Friday Night Videos,…
On the Matter of Expensive Big Macs, McDonald’s Isn’t to Blame
Talmon Joseph Smith and Jordyn Holman of the New York Times recently reported that “Over the past year, a series of indignant McDonald’s customers took to social media and posted receipts of orders…
Will a Texas Stock Exchange Mean Much In a Federalized U.S.?
Markets are great, but it’s hard to see how the TXSE would be all that different thanks to so much in the way of federal rulemaking.
Book Review: Lance Morrow’s Wonderful ‘The Noise of Typewriters’
Morrow’s book is another very entertaining look back at how things used to be in media. It’s a great read, and that’s why at 180 pages it’s too short. The book is titled “The Noise of Typewriters.”
If They’re Talking ‘Monopoly,’ They Don’t Have a Clue What One Is
Former attorney general William Barr is at it again with his overnight conversion to “monopoly” critic. He claims that if “allowed to dominate AI,” Microsoft, Google and Amazon “could reinforce and…
Like Every Other Business, Banks Have Investors To Please
Banks are presently being asked to provide high-level service to customers in return for nothing. Sorry, it’s not going to work.