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    Congressional Budget Office Looks at a Carbon Tax

    The Congressional Budget Office (CBO) recently released its report on the impact of a carbon tax. (Disclaimer: I provided comments to the CBO on a draft of the report, earlier this year.) The economic parts were pretty sensible and conclude that (be sure you are sitting down)—there are no free … More

    Fiscal Cliff: Is Heritage Inconsistent?

    Menzie Chinn took to the blog Econbrowser last Thursday to accuse conservative economists in general – and The Heritage Foundation in particular – of being inconsistent, since we did not share his optimism about the benefits of the 2009 stimulus, but we’ve warned of the danger of the fiscal cliff. … More

    Abound Solar Collapse Could Leave Taxpayers on the Hook for Shortfall

    Abound Solar’s June bankruptcy could leave the residents of Weld County, CO, on the hook if court proceedings do not deliver the projected business personal property tax receipts anticipated before the company’s demise. The Greeley Tribune reports: Abound owes more than $950,000 in property taxes this year and will owe … More

    Top 10 Reads: July 11, 2011

    Catching you up on clips, commentary and news of the day. Sign up for the daily email update from Scribe. Straight Talk on Twisty Subjects with Matt Lewis – Lisa De Pasquale Google’s ‘Monopoly’ Hex – L. Gordon Crovitz Nuclear Disaster Like Fukushima Unlikely in U.S. – Jack Spencer Understanding freedom … More

    The Founders and Redistribution of Wealth

    We’ve heard a lot lately about “redistribution of wealth.” What would the American Founders think? Property rights provide the foundation of prosperity. As Americans, we’re accustomed to a revolutionary guarantee that we may labor, earn wages and acquire property — and rest assured that what we earn and acquire will … More