Understanding taxes is pretty simple. When the government takes a dollar away from a citizen, it makes him and society poorer. When it takes less, the opposite happens. We have to give it more thought to understand why government pulls in more after cutting tax rates. Moreover, there are different dynamics at play depending upon whether you’re
We just concluded a national, state and county election season where crime and economic volatility were at the forefront. These issues are likely to occupy the minds of voters in municipal elections across the country this year. Staying strapped Though economic stability is more important to public safety than it’s often given credit for, it’s not
Ever since I can remember, there’s been a notable imbalance between the attention and credit given to the demand side of the economy compared to the supply side. I try to ensure that my students see the latter is just as important as the former. Part of this effort is highlighting the risk taken in creating the supply and bringing it to market.
Thank goodness for memes! A witty, well-placed caption on a still frame from a movie, cartoon, etc. provides welcome comic relief amidst the steady drip of stressful news these last few years. The latest templates are rich celebrities and bureaucrats who are basically telling us to suck it up , or buy an electric car to counter spiking gas prices
Donating time and/or resources is a virtuous activity. Parishioners volunteer for church. Parents help with their kids’ school functions. Citizens clean up parks. Some state and/or local governments have monetized this by offering volunteering seniors a break on their property taxes. While total elimination of this odious tax is the ultimate goal
Next month San Antonians will go to the polls to vote on $1.2 billion in bond proposals. It’s a whopper of a debt-binge that includes funding for unfinished projects authorized by prior bond elections, some of questionable legality, and others representing wasteful jurisdictional overlap. Also on the ballot will be two constitutional amendments ,
If anyone doubts that human trafficking is a problem, the events of the last couple weeks here in south Texas should disabuse them of the notion. By now we know of the fifty-three migrants who lost their lives in a boiling-hot 18-wheeler here in San Antonio. A few days later, there was a fatal crash in “an attempted human smuggling” operation just
In the name of “economic development,” San Antonio’s government is seeking to seize a thriving business near the Alamo. Original Article: “ Remember the Alamo! Moses Rose’s Last Stand” This Audio Mises Wire is generously sponsored by Christopher
The city of San Antonio’s Status on Poverty Report was released recently, and the response was predictable. “I just want . . . some sort of an action plan.” Council should “better direct” taxpayer dollars “toward helping all San Antonians thrive.” If officials had a decent grasp of history, they’d know the likely outcomes from such efforts:
Government officials like to claim they are doing something about reducing poverty. The trouble is, of course, that what they are doing makes things worse. Here on Income Tax Day, we recommend that next time, they should do nothing. Original Article: The War on Poverty Makes Poverty Worse
What is the Mises Institute?
The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard.
Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property order. We believe that our foundational ideas are of permanent value, and oppose all efforts at compromise, sellout, and amalgamation of these ideas with fashionable political, cultural, and social doctrines inimical to their spirit.