The Gas Tax

A couple of recent gas tax proposals have caught my attention. The NY Times called for a fluctuating gas tax, permitting the federal government to set the price of gas in the $4-5 range. In the Weekly Standard, Charles Krauthammer called for a $1 increase in the federal gas tax offset by reductions in the […]

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Bailout 101

A few months ago we were told that a financial industry bailout was required to avert a repeat of the Great Depression. While some government intervention was probably necessary, the blank check that Congress passed and President Bush signed is the best definition of a “slippery slope” I’ve seen in a long time. $700 billion […]

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