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Archive for February 25, 2008
Pay Go
February 25, 2008 by Tom Armstrong.
By applying the pay-go principle to tax cuts, Washington is effectively chasing its fiscal tail. Because Washington will not cut spending, taxes will never go down, only up. And using it for short-term tax cut extensions, like the one year AMT patch, is the budget equivalent to renting tax policy.
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The perils of smoking bans
February 25, 2008 by Tom Armstrong.
The authors estimate that smoking bans increase fatal drunken-driving accidents by about 13%, or about 2.5 such accidents per year for a typical county.
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