Tag Archives: flat tax

Good Theories Mean Accurate Predictions: Illinois Places More People On Unemployment Rolls Than Any Other State: Part IV of IV

From the Death of a City To the Death of a Nation   While this pattern of federal redistribution within the U.S. has indeed slowed, and in many ways concealed, the functional decay within poorly performing states, this has merely … Continue reading

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Good Theories Mean Accurate Predictions: Illinois Places More People On Unemployment Rolls Than Any Other State: Part III of IV

Punish the Rich, Punish All With even more pressure to gain tax revenues from somewhere (now often simply called “revenues” by U.S. politicians who want to downplay the increased cost implications for taxpayers), all manner of taxes will tend to … Continue reading

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Good Theories Mean Accurate Predictions: Illinois Places More People On Unemployment Rolls Than Any Other State: Part II of IV

Tax Fairness Versus Function When a progressive income tax code is used to redistribute resources, the relative punishment of those who perform better is joined by relative reward for those who perform worse. This means the decreased incentive to perform … Continue reading

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Good Theories Mean Accurate Predictions: Illinois Places More People On Unemployment Rolls Than Any Other State: Part I of IV

In this website’s post on February 19, 2011, “Tax the Rich, Get Less of Them,” it was predicted that the decision by government officials to remedy the Illinois budget shortfall by dramatically increasing taxes, especially on the rich, would most … Continue reading

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Tax the Rich; Get Less of Them: Part III of III

The Genius of Federalism Remarkably, and in utterly enlightened fashion, the framers of the U.S. Constitution not only anticipated the problematic feedback dynamics describe above, they devised a self-corrective system to keep them in check—in the form of federalism. Here, … Continue reading

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Tax the Rich; Get Less of Them: Part II of III

The Descending Economic Spiral In good times the self-destructive dynamics associated with high taxation and redistribution will typically lead to something that ranges from economic stagnation to nominal growth for a state, while low-tax competitors have greater success. In difficult … Continue reading

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Tax the Rich; Get Less of Them: Part I of III

Over the last several months a number of articles have been written on the correlation between tax rates and population changes in state-by-state comparisons within the U.S. Clearly depicted is that high-tax states tend to experience shrinking population numbers while … Continue reading

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