More fun with marginal tax rates

Here's Felix Salmon Justin Fox standing in for Felix Salmon, on the economic impact of the socialist Truman government's evil confiscatory tax policies: During the Korean War, Congress enacted an excess profits tax meant to keep military contractors from, well, profiteering. In its infinite wisdom, Congress defined excess profits as anything above what a company … Continue reading More fun with marginal tax rates

No, it’s not your bleedin’ money

Money and property rights are both creations of the state. If the state were abolished, neither would exist. The 'money' point is obvious, but the same applies to property: the fact that you happened to own a nice house would be irrelevant, because someone bigger than you would come along and tell you to get … Continue reading No, it’s not your bleedin’ money

Data point on taxation and labour mobility

From Financial News: Not a single trading team from Tullett Prebon, the London-based broker which told employees they cold move abroad for tax reasons in one of the clearest signals of an exodus from London has moved, almost a year after the offer was made. It is the second development in a week that suggests … Continue reading Data point on taxation and labour mobility

Just, worth putting out here

Since I've already tweeted that it annoys me, as a left-wing kind of person, that some people in the 1980s hated Mrs Thatcher so much that they opposed the most reasonable and fair war that the UK has ever fought, I thought I'd make clear on my blog that anyone who opposes it is pretty … Continue reading Just, worth putting out here

Secularists Go Silly On Halal

I've always found halal slaughter less unpleasant than regular industrial animal slaughter. As anyone who's ever cut themselves with a properly sharp blade knows, cutting yourself with a sharp blade doesn't hurt at all until about a minute after the event, by which point the animal is already distinctly dead. You might prefer your animals … Continue reading Secularists Go Silly On Halal

What I’ve been up to, week ending 2010-10-03

Y'know, this #ebz stuff is fun, but it does steal (small portions of) your life http://fallenlondon.com/c/298257 # Smearing Julian Assange: not just a sport for insane man-hating Swedish prosecutors any more: http://bit.ly/96uqCR # Fairly sure you power down an EMU by switching off the motors and removing the key. @squeakez can confirm @kofeyh @joshsharp #trainjokes … Continue reading What I’ve been up to, week ending 2010-10-03