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DAY OF 1,000 TAX GRAPHS.

Imagine a very tiny country. Very tiny. Five people. Four of them make $100 a year. One of them makes $1,000 a year. Tinyville, however, has a regressive tax code. The four poorest are taxed at 30 percent of their incomes. The richest is taxed at 20 percent. Here, essentially, is the taxation scheme in […]

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SNIPERS.

As Mark Penn so presciently observed, the kids today are obsessed with snipers. And understandably so. This sort of thing is chillingly impressive: If the pirates’ heads were fully exposed, it would have been an easy shot. A sniper rifle is accurate to within a “minute of angle,” provided the shooter can keep his or […]

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STUPID POLLING TRICKS.

CNN provides: A new CNN/Opinion Research poll finds Americans don’t agree with former Vice President Dick Cheney’s recent assertion that President Obama’s actions have increased the chances of a terrorist attack against the United States. A whopping 72% of those questioned in the poll disagree with Cheney’s view that some of Obama’s actions have put […]

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THE TYRANNY OF THE INCOME TAX.

Picture an upside-down pyramid with its narrow tip at the bottom and its base on top. The only way the pyramid can stand is by spinning fast enough or by having a wide enough tip so it won’t fall down. The federal version of this spinning top is the tax code; the government collects its […]

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FIX HEALTH CARE. WIN A PRIZE.

Catherine Rampell notes that the X Prize Foundation — the fine folks last seen awarding $10 million to the inventor able to build a better space ship — has partnered with the insurance company Wellpoint to offer $10 million to the person with the best idea for redesigning the American health care system. It’s a […]

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“PIRATE.”

How to celebrate talk like a modern pirate day. To add a sliver of commentary to that (pretty awesome) link, I sympathize with folks who wanted to rename the pirates “maritime terrorists” or “seaborne warlords” or whatever else. “Pirates” called up a certain image, and it wasn’t murderous, hungry Somalis. The word “pirate” essentially went […]

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THE 12 YEAR FIX.

Paul Carrington writes up the only thing older than the justices on the Supreme Court: The argument that justices on the Supreme Court should retire earlier. And he’s right! But he doesn’t mention one of the main reasons justices retire: Uncertainty about their replacements. Thurgood Marshall, for instance, is the archetypal example of a justice […]

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WHAT DO BEHAVIORAL ECONOMICS MEAN FOR HEALTH CARE?

On Friday, I wrote a response to Ramesh Ponnuru’s New York Times op-ed arguing that we don’t need universal coverage in health care. Cato’s Michael Cannon rose to his defense. Over the weekend, a reader e-mailed a reply that’s worth posting in full. What comes next is a quote from Cannon, and then the reader’s […]

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WHY THEY LOBBY.

The Washington Post reports on a new study by Raquel Meyer Alexander, Stephen Mazza, and Susan Scholz that quantified returns on a lobbying effort to enact a single tax break in 2004. The one-time change to the tax code benefited 800 companies, allowing researchers to go back and look at how much the various beneficiaries […]

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