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According to the Cato Institute, federal subsidy programs topped the 2,000 mark for the first time last week. Almost half of those have been created in the last 20 years: the number of federal subsidy programs soared 21 percent during the 1990s and 40 percent during the 2000s. It is not often that governments voluntarily reduces fees or taxes. So when one does, it is worth taking a closer look. In his recent National Review Online article on the federal government’s deficit spending, Rich Lowry wrote, “The same way overzealous Republicans once argued that tax cuts paid for themselves, Obama Democrats argue that deficit spending pays for itself.” Dear Mr. Limbaugh: I noted your evident frustration recently with the high tax policies of New York that subject you to a punitive income tax rate anytime you step foot in the state to perform your show. I was delighted that you expressed an interest in making Texas the home of your alternate studio whenever [...] |
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