by Matthew Bransgrove | Oct 9, 2015 | Business
Does the market need protection from a dominant player? The question is often asked: What if a large, rich company kept buying out its smaller competitors or kept forcing them out of business by means of undercutting prices and selling at a loss—would it not be able...
by Matthew Bransgrove | Oct 9, 2015 | Taxation
It has been said that the welfare state must collapse because it is too expensive; that government-funded healthcare must collapse because it is too expensive; that infrastructure built by government is too expensive; that government-funded pension schemes must...
by Matthew Bransgrove | Oct 9, 2015 | Taxation
The more equally and impartially taxes are laid, the fewer will be necessary, and more money raised. —John Trenchard. Cato’s Letters No. 89, Every man’s true interest found in the general interest. How little this is considered, Saturday, August 11, 1722. Sales taxes...
by Matthew Bransgrove | Oct 9, 2015 | Taxation
Why income taxes can never be fair or workable Despite thousands of tweaks to income tax codes, it has proved impossible to define income without providing room for evasion. Efforts to close loopholes have simply led to ever more detailed and arbitrary provisions....
by Matthew Bransgrove | Oct 9, 2015 | Taxation
To take from one because it is thought that his own industry and that of his father’s has acquired too much, in order to spare to others, who, or whose fathers have, not exercised equal industry and skill, is to violate arbitrarily the first principle of...
