[Y]ou could confiscate — not just tax, confiscate — the entire wealth of every millionaire in the United States and still barely make a dent in the amount we will owe. Maybe the tooth fairy will bring the government some money. Maybe President Obama will figure out how to turn lead into gold. But I don’t think we should make public policy on that basis.
Post Tagged with: "CATO"
February 21, 2011 10:14
Debt-Limit Remedy Gives Fiscal Hawks Leverage
We have a fiscal crisis caused by too much spending, not too little taxes. Restraining the size and scope of government is contrary to the interests of the iron quadrangle of politicians, interest groups, lobbyists and bureaucrats who benefit from ever- expanding government.
January 27, 2011 08:13
How can anyone continue to believe Obama?
Cato Institute scholars Gene Healy, Michael F, Cannon, Benjamin Friedman, Jagadeesh Gokhale, Neal McCluskey, Sallie James, John Samples, Justin Logan, Daniel J. Mitchell and David Rittgers analyze the 2011 State of the Union Address.
