Blog 123. Is a flat tax freedom?

A flat tax is advertised as the “freedom tax,” in which everyone pays taxes at a fixed marginal rate—such as 10%. Salaried workers pay by withholding from each paycheck, and never have to submit a tax return. It sounds good because it’s simple, but is it good? Continue reading

Blog 43. Making molehills or mountains

From small molehills, big mountains grow.  Sometimes.  If the feedback is positive, that is—if the mole is rewarded with more food just for digging that molehill, and if his children are likewise rewarded.  We’re not moles eating carrots, so how does this relate to us? Continue reading

Blog 32. McCutcheon, the Supreme Court, and Feedback

The lawsuit

A year ago, the U.S. District Court for the District of Columbia dismissed a lawsuit brought by an Alabama businessman Shaun McCutcheon and the Republican National Committee (RNC).  McCutcheon, who owns a firm that develops coal mining and electrical generation, appealed to the Supreme Court, claiming that the Federal Election Campaign Act (FERC) restricted freedom of speech. That law limits the total contributions to political candidates, PACs, and party committees by individual persons.  On October 8, 2013, the Supreme Court heard oral arguments. Continue reading