Econ Comments & Analysis
WSJ | Big Storm Opportunism
Our former editor Robert Bartley once quipped (fondly) about the writer Jude Wanniski that he thought a capital-gains tax cut could intercept a Soviet SS-20 missile in mid-flight. We were reminded of that monomania Tuesday as the political left more or less declared in unison that the ravages of Hurricane Sandy prove that America needs bigger government.
Blogs
Heritage Foundation | Is a Tax Cut Always a Good Thing?
As a matter of principle, there are at least two reasons to dislike taxes and to applaud tax cuts. First, taxes take money away from those who made the money in the first place. For reasons of basic morality, democratic governments should respect individual property rights as much as possible while meeting their constitutional obligations.
